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The Paws of Refreshment

by
June 2001, no. 231

The Essence of Capitalism: The Origins of Our Future by Humphrey McQueen

Sceptre, $29.95 pb, 400 pp

The Paws of Refreshment

by
June 2001, no. 231

This is a large yet very readable book. There are three strands to this work: a demonstration of the inexorable tendency of a market economy to oligopoly; an explanation of the ease with which money can set ethical consideration aside; and an account of the development of the companies that make and market Coca-Cola. While McQueen has strong opinions, he is careful to separate his critique from his account, and he supports both his opinions and his account with extensive referencing and a substantial bibliography.

Humans, or at least most humans, are not naturally competitive; rather, we are trusting, suggestible, and disposed to be cooperative. We are not, however, unconditionally trusting. The betrayal of trust will arouse deep resentment and, where feasible, active retaliation. A minority of humans are significantly less trusting and cooperative, and more competitive, than the rest of us.

John M. Legge reviews 'The Essence of Capitalism: The Origins of Our Future' by Humphrey McQueen

The Essence of Capitalism: The Origins of Our Future

by Humphrey McQueen

Sceptre, $29.95 pb, 400 pp