Join Atlas Society Senior Scholar Richard Salsman, Ph.D., for our quarterly Morals & Markets webinar. This session, Dr. Salsman examines the nature of capitalism, socialism, and fascism and discusses how historical patterns offer insight into today's ideological trends and the potential risks for liberty.

"Fascism ruled most during the 1920s and 1930s, the major examples being Mussolini in Italy, Franco in Spain, Hitler in Germany, the Tōhōkai party in Japan, and FDR in the U.S. Depending on the country and period, fascism also entails populism, militarism, xenophobia, and racism. The fact that the collapse of socialism in the 1990s wasn’t followed by a widely accepted moral case for capitalism left room for a revival and spread of fascism, roughly a century after it first ruled. Since Nazism is a contraction of nationalism and socialism, liberty-loving Americans should worry that nationalism is endorsed by many Republicans while socialism is endorsed by many Democrats. If these elements continue to grow and coalesce, evil will surely ensue."

"Profit foes accept the ‘zero-sum’ fallacy and the myth that factors of production create equal value. Disdain for profit reflects a deeper distrust of its ethical essence – rational self-interest. Profit is crucial to capitalism, but even in our personal (non-commercial) lives, we’re rational and right to maximize the benefits versus the costs of our actions. On economic, ethical, and personal grounds, profit deserves our unabashed allegiance." - Richard Salsman

Join Atlas Society Senior Scholar Richard Salsman, Ph.D., for our quarterly Morals & Markets webinar to discuss arguments for and against capitalism as proposed by its strongest supporters and opponents.

"A free society depends not only on rational philosophy, capitalist economics, and rights-respecting politics but a psychology of mental health rooted in self-esteem and its corollaries (self-confidence, self-responsibility, self-reliance). Many people are anxious, angry, and even phobic about living in a free, vibrant, dynamic culture. Preferring security to liberty, they lose both."