Life in the Market Ecosystem, the second book in the Nature of Liberty trilogy, confronts evolutionary psychology head on. It describes the evolutionary psychologists' theory of gene-culture co-evolution, which states that although customs and culture are not predetermined by anyone's genetic makeup, one's practice of a custom can influence the likelihood of that person having children and grandchildren. Therefore, according to the theory, customs count as evolutionary adaptations. Extending that theory further, as entire systems of political economy-capitalism, socialism, and hunter-gatherer subsistence-consist of multiple customs and institutions, it follows that an entire political-economic system can likewise be classified as an evolutionary adaptation. Considering that liberal-republican capitalism has, insofar as the system has been implemented, done more to reduce the mortality rate and secure human fertility than other models of societal structure, it stands to reason that liberal-republican capitalism is itself a beneficent evolutionary adaptation.
Moreover, as essential tenets of Rand's Objectivism-individualism, observation-based rationality, and peaceable self-interest-have been integral to the development of the capitalist ecosystem, important aspects of the Objectivism are worthwhile adaptations as well. This book shall uphold that position, as well as combat critiques by evolutionary psychologists and environmentalists who denounce capitalism as self-destructive. Instead, capitalism is the most sustainable and fairest political model. This book argues that of all the philosophies, Objectivism is the one that is most fit for humanity.
Stuart K. Hayashi works at the Hawaii State Capitol as a legislative analyst and aide in the governor's office and both legislative houses.
LIFE IN THE MARKET ECOSYSTEM The Survival of the Freest TABLE OF CONTENTS Acknowledgments Preface Part One-The Ecosystem of Human Society Ch. 1. Adaptation Under Different Regime Models Ch. 2. Folkways: Customs As Evolutionary Adaptations Ch. 3. Industrial Revolution As Cultural Evolution Ch. 4. The Role of the Individual in Kin Selection Ch. 5. Competing Secular Theories About Ethics Ch. 6. The Market Ecosystem Ch. 7. The Standard Monopoly Myth Ch. 8. The Standard of Value: Individual Life Versus Kin Selection Ch. 9. A Bird Which Flies Solo: Liberty for the Loner Part Two-The Creation of Wealth Ch. 10. How Suicidal Is Global Capitalism? Ch. 11. The Issues of Imperialism Ch. 12. Environmentalism As an Unsustainable Policy Ch. 13. Entrepreneurial Adaptation Ch. 14. Man, The Resourceful Ape Ch. 15. How Financiers Energize Enterprise Ch. 16. Intellectual Property Rights Are Patently Great Ch. 17. The Peaceful Individual As Sovereign Part Three-The Distribution of Wealth Ch. 18. The Most Basic Need Ch. 19. Capitalism's Moral Idealism Ch. 20. Laissez Faire Versus the Welfare State: Which Is More Ruthless Toward the Poor? Ch. 21. The Rich Get Richer and the Poor Get Richer Bibliography Final Page of Bibliography About the Author Total Number of Pages (including those numbered with Roman numerals) i ii 1 1 28 68 130 186 238 273 305 367 403 403 435 466 500 540 568 596 656 696 696 732 760 789 856 974 975 988