Reisman's ringing manifesto for laissez-faire capitalism is at once a polemic and a monumental treatise, brimming with original theories. He demonstrates that government intervention in the economy is the root cause of inflation, credit bubbles, depression, and mass unemployment. Reisman staunchly defends capitalists as risk-takers who raise the general living standards, by increasing productivity and improving the quantity and quality of goods. Socialism is the system that exploits labor, requires dictatorial control, and destroys wealth.