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The Culture of Capitalism


Article # : 12741 

Section : BOOK WORLD
Issue Date : 3 / 1987  3,491 Words
Author : Howard J. Wiarda
Howard J. Wiarda is professor of political science at the University of Massachusetts at Amherst, professor national security studies at the National Defense University, and visiting scholar at the Center for Strategic and International Studies (CSIS). He was lead consultant to the National Bipartisan (Kissinger) Commission on Central America and is the author of Rift and Revolution: The Central American Imbroglio and The Democratic Revolution in Latin America.

       THE CAPITALIST REVOLUTION
       Fifty Propositions about Prosperity,
       Equality, and Liberty
       Peter L. Berger
       New York: Basic Books, 1986
       
        Peter Berger, an eminent sociologist from Boston University, has written a lucid and provocative book about the origins, history, and future prospects of capitalism. Berger writes well, his arguments are reasonable and coherent, and the conclusions he reaches are persuasive. Yet, in the end, Berger leaves many critical issues unresolved.
       
        The task Berger sets for himself is awesome. In 224 pages, plus notes, he surveys the entire history of capitalism and offers his assessments about what lies ahead. He contrasts capitalism with Marxism and socialism. He discusses the development of capitalism in the West as well as its newer forms in East Asia. Berger's sweep is large; he has become a grand theorist. His synthesis stands in marked contrast to the narrowness and highly specialized focus of most of today's social science research. In painting a large canvas with broad brush strokes, Berger revives the older tradition of theorizing that ranges across disciplines, continents, and centuries. He writes in the tradition of Adam Smith (and more recently Michael Novak); his foil and bete noir is Marx.
       
        Berger's conclusion, buttressed by erudition and impeccable logic, is one that many scholars and politicians have been reaching lately, though many of the former are afraid to say so publicly because it is in violation of the prevailing orthodoxy on too many university campuses. His basic argument is that socialism does not work and capitalism does. Further, there is an intimate connection between freedom in the political sphere. State control of the national economic life (even if it is called democratic socialism) is unlikely to guarantee freedom for long in the political sphere. Only democracy and capitalism, or democratic capitalism, are likely to be conducive to both economic growth and freedom. It is a controversial argument certain to cause a stir. Berger's book makes one of the best cases available in the literature for this conclusion.
       
        Empirically Based Theory
       
        Berger presents an empirically based theory of capitalism. That is, he grounds his model on facts and evidence, not romance or wishful thinking. He offers a
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