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Are We All Capitalists Now?
By John R. Hanson II
This article appeared in the Spring 1999 issue of The Independent Review


The world has rushed to embrace the market economy, according to the conventional wisdom. However, new indices measuring economic freedom, published by the Fraser Institute, Freedom House and the Heritage Foundation, suggest that capitalism’s recent victories may be tenuous.

Other Independent Review articles by John R. Hanson II
    Winter 2008   Global Migration and the World Economy: Two Centuries of Policy and Performance
    Spring 2003   Against the Dead Hand: The Uncertain Struggle for Global Capitalism
    Spring 2000   Prosperity and Economic Freedom: A Virtuous Cycle

Volume 3 Number 4
Spring 1999

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