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Events • September 28, 2023 

# *The Capitalist Manifesto: Why the Global Free Market Will Save the World*

Globalization has come under fire over the past two decades as the world has lived through an international financial crisis, terrorist attacks, a pandemic, and the return of war in Europe. Johan Norberg will explain why, despite such turmoil, the free market has still made the past 20 years the best time in human history by almost any measure of well-being. He will discuss why trade protectionism, industrial policy, and other proposals from the left and the right are mistakes that should not be repeated. The market, a system based on cooperation and exchange, still offers the best way to address and think about current issues, including the rise of China, the role of Big Tech, and inequality. Chris Griswold will provide a critique of markets from a conservative perspective and suggest policies to limit globalization.

![The Capitalist Manifesto](/sites/cato.org/files/styles/promo_block_book_cover_1x/public/2023-09/Capitalist-Manifesto.jpg?itok=yk67Mk72) 

##### Featured Book 

### *[The Capitalist Manifesto: Why the Global Free Market Will Save the World](https://www.cato.org/books/capitalist-manifesto)*

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 and millions from hunger and poverty.

[Read about the Book](https://www.amazon.com/Capitalist-Manifesto-Johan-Norberg/dp/1838957898?tag=catoinstitute-20) 

[![Creative Commons License](/build/cato_2020/images/creative-commons.svg)](http://creativecommons.org/licenses/by-nc-sa/4.0/) 
This work is licensed under a [Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License](https://creativecommons.org/licenses/by-nc-sa/4.0/). 

##### Featuring 

[![Johan Norberg cropped](/sites/cato.org/files/styles/author_picture/public/2023-11/johan-norberg-Cropped.jpg?itok=H292pden)](/people/johan-norberg) 

##### [Johan Norberg](/people/johan-norberg)

Senior Fellow, Cato Institute

[ 

](https://twitter.com/johanknorberg) [ 

](mailto:johan@johannorberg.net) 

![Chris Grisworld - cropped](/sites/cato.org/files/styles/author_picture/public/2023-08/Chris-Grisworld.jpg?itok=Wu0oDt5_) 

##### Chris Griswold 

Policy Director, American Compass

[ 

](https://twitter.com/Chris_Griz) 

[![Ian Vásquez](/sites/cato.org/files/styles/author_picture/public/2021-01/Ian%20Vasquez.jpg?itok=yBS_mzpm)](/people/ian-vasquez) 

##### [Ian Vásquez](/people/ian-vasquez)

Vice President for International Studies, Cato Institute

[ 

](https://x.com/vasquezian) [ 

](mailto:ivasquez@cato.org)