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Three in One: Essays on Democratic Capitalism, 1976-2000

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Title: Three in One: Essays on Democratic Capitalism, 1976-2000
by Michael Novak, Edward Wayne Younkins
ISBN: 0-7425-1171-5
Publisher: Rowman & Littlefield (Non NBN)
Pub. Date: 11 April, 2001
Format: Paperback
Volumes: 1
List Price(USD): $28.95
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Average Customer Rating: 5 (1 review)

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Rating: 5
Summary: Another triumph
Comment: Professor Edward Younkins has selected 29 articles from newspapers and journals, beginning with Novak's first break from social democracy "A Closet Capitalist Confesses" Washington Post (March 1976) and " An Underpraised and Undervalued System" (Worldview August, 1977) up to "Solidarity in a Time of Globalization." He collects these essays under five headings -- the theory of democratic capitalism; free persons and the common good; religion and morality; the responsibilities of the corporation; the global arena - and concludes with the autobiographical essay "Controversial Engagements." Younkins located these articles in well-known journals such as The Public Interest and First Things, in lesser-known journals such as Worldview, Public Opinion, Economic Affairs (London) The Journal of Ecumenical Studies, and the Dravo Review and previously unpublished material. He has included substantial essays such as "The Communitarian Individual in America," "The Silent Artillery of Communism," "The Evangelical Basis of a Social Market Economy," "The Future of Civil Society," "The Jewish and Christian Foundation of Human Dignity," "Economics as Humanism," and "The International Vocation of American Business." He also retrieved two unpublished pieces, one of which offers a new definition of social justice to overcome the powerful objections of Friedrich Hayek. Much of the periodical literature in which Novak has developed the idea of democratic capitalism over the years appears in this collection, in addition, Younkins appends a valuable bibliography listing further articles. The collection displays the development of Novak's thought on democratic capitalism from its embryonic beginnings through its later unfolding.

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