00:00    |    
Initial credits
00:06    |    
Introduction by Andrew Bernstein
01:32    |    
Where does wealth come from?
Anti-capitalist intellectuals
Quote,   The Capitalist Manifesto: The Historic, Economic, and Philosophic Case for Laissez-Faire, Andrew Bernstein (2005) 
05:11    |    
What is the reality of living standards during history?  
Quote, Phases of Capitalist Development, Angus Maddison (1982)
References: Fernand Braudel and Carlo Cipolla
Why here and why now? 
11:12    |    
Leading heroes of capitalism
John Locke (1632 - 1704)- Individual rights, liberty and pursuit of happiness - The life belongs to each of us
Quote of John Locke by Thomas Jefferson 
Isaac Newton (1643 - 1727) - His cognitive method, the power of the human mind
Aristotle and the cognitive method 
23:47    |    
How did mankind rise out of this "abismo" starvation level poverty?
Example of Scotland
James Watt (1736 - 1819) - steam engine of the industrial revolution 
Industrial revolution (1785)
Quote by Matthew Boulton
This ideas improved human living condition
35:50    |    
Adam Smith (1723 - 1790)
Quote, The Capitalist Manifesto: The Historic, Economic, and Philosophic Case for Laissez-Faire, Andrew Bernstein
John Loudon McAdam (1756 - 1836) -revolution in transportation 
Thomas Telford (1757 - 1834)- revolution in the transportation field
44:49    |    
Birmingham Law Society
Quote,  The Capitalist Manifesto: The Historic, Economic, and Philosophic Case for Laissez-Faire, Andrew Bernstein (2005) 
Early capitalist heroes 
57:11    |    
Contribution by the United States of America         
Quote, Capitalism Unbound: The Incontestable Case for Individual Rights,  Andrew Bernstein
History of freedom  
Thomas Edison (1847 - 1931)
Alexander Graham Bell (1847 - 1922)
Story of Steve Jobs and Steve Wozniak 
American contribution to architecture 
John Roebling (1806 - 1869)
Henry Ford´s Greenfield Village 
Application of science technology 
01:19:52    |    
Culture of reason and politics of egotism 
Ayn Rand (1905 - 1982)
Book industry 
Music industry 
01:24:23    |    
Humanity flourish comes from capitalist heroes 
01:26:46    |    
Question and answer period
How is wealth equally distributed in capitalism? 
01:36:00    |    
Final credits



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Foundations of Capitalism: Heroes of Capitalism

20 de junio de 2015   | Vistas: 7 |  

During his talk, Andrew Bernstein explained how capitalism improved the human living condition since the Industrial Revolution onwards to the present day. He used the example of what he called "the leading heroes of capitalism".Beginning with the ideas of John Locke and Isaac Newton, he explains that life belongs to each of us and the power of human mind. Then, he talked about the role of James Watt, John Loudon Mc Adam and Thomas Telford in the industrial revolution and its technological advances. He used the history of United States as an example of a free country in its development. He also mentions other heroes of capitalism, like Ayn Rand.During history, the leading minds applied lessons they have learned and have morally rejected the authoritarian epistemological model. At the end, their numerous contributions have changed the world.




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Nuestra misión es la enseñanza y difusión de los principios éticos, jurídicos y económicos de una sociedad de personas libres y responsables.

Universidad Francisco Marroquín

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