New Book

The Capitalist Manifesto –

Why the Global Free Market Will Save the World


‘This book is an excellent explanation of why capitalism is not just successful, but morally right‘ Elon Musk

‘A joyful counterblast… packed with vivid examples… decisive’  The Economist

‘Compelling… Masterful’  Daily Mail

‘A timely reminder of the benefits of free and open trade’  Financial Times

Marx and Engels were right when they observed in The Communist Manifesto that free markets had in a short time created greater prosperity and more technological innovation than all previous generations combined. A century and a half later, all the evidence shows that capitalism has lifted millions from hunger and poverty.

Nonetheless, today’s story about global capitalism, shared by right-wing and left-wing populists – and by large sections of the political and economic establishment – accepts that prosperity has been created, but says it ended up in far too few hands. This in turn has made it popular to talk about the global economy as a geopolitical zero-sum game, where we must fight to control new innovations, introduce trade barriers and renationalize supply chains. More generally, capitalism is also accused of fuelling glaring inequality, populist revolts, climate change and China’s global conquest.

In this incisive and passionate investigation, Johan Norberg instead restates the case for capitalism and the vital role played by the free market in today’s uncertain world. Ultimately, he argues that a move away from global capitalism would not only squeeze the growth out of the economy but also deepen an already large social exclusion for the vulnerable – for the world’s poor, it would be a killing blow.

The Capitalist Manifesto

Johan Norberg is an author, lecturer and documentary filmmaker, born in Sweden. He is a Senior Fellow at the Cato Institute in Washington D.C. and the European Centre for International Political Economy in Brussels. He received his M. A. in the History of Ideas from the University of Stockholm. 

He has written books on a broad range of topics, including global economics and popular science. His In Defence of Global Capitalism has been published in more than 25 countries. Progress: Ten Reasons to Look Forward to the Future, was called “a blast of good sense” by The Economist, and a “book of the year” in The Guardian, The Economist, and The Observer. Open: The Story Of Human Progress also became an Economist “book of the year”.

Norberg regularly hosts documentaries on development and economics for American public television, including Free or Equal?, Economic Freedom in Action, Power to the People and the The Real Adam Smith.  

For his work, Norberg has received several awards, including the Distinguished Sir Antony Fisher Memorial Award from the Atlas Foundation, the Walter Judd Freedom Award, the Julian Simon Memorial Award, and the gold medal from the German Hayek Stiftung, that year shared with Margaret Thatcher.

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Johan on Twitter: @johanknorberg

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Speakersnet on Norberg