Kapitalismus ist nicht das Problem, sondern die Lösung

The market has failed, we need more state - this is the claim made particularly by politicians, media, and intellectuals since the outbreak of the financial crisis ten years ago. Rainer Zitelmann, a multiple bestselling author, argues the opposite: more capitalism benefits people. He embarks on a journey through continents and history, demonstrating that in countries where the state loses influence and people trust the market more, prosperity increases and poverty decreases. Zitelmann finds evidence for his thesis in Africa, Asia, Europe, as well as North and South America. He compares the development in East and West Germany and in North and South Korea after World War II, in capitalist Chile and socialist Venezuela. While 45 million people died in China due to a famine caused by socialist experiments in the late 1950s, the country is now.