ABSTRACT
This conclusion presents some closing thoughts on the concepts discussed in the preceding chapters of this book. The books says that, capitalism is not a monolithic ideology, but simply the human condition in economic form. It offers a few 'golden rules of wealth creation for economists and politicians, and especially those who remain hostile to the profit motive and capitalism itself. Capitalism and free trade remains a dynamic system for producing, distributing and consuming goods and services in widening patterns of trade. But, finally, capitalism continues to grow along the trajectory of business cycles, upwaves and downwaves, booms and busts. The waves are caused by new technological advances, their commercialisation by innovative entrepreneurs, and the creation of new products, services, processes and markets. Each wave is, of itself, a period of propulsive growth and wealth creation. Annual rates of GDP growth vary from 215 per cent, depending on a country's economic 'settings' and attitude to inflation and entrepreneurship.
