The 5 Big Lies About American Business: Combating Smears Against the Free-Market Economy

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WHY FEEL EMBARRASSED BY BUSINESS?xA0;Every American benefits every day from the phenomenal productivity of the free market, so why do so many people feel guilty or skeptical about our business system? In this passionately argued, eye-opening book, talk-radio star and bestselling author Michael Medved provides detailed and devastating rebuttals to the most widely circulated smears against capitalism.xA0;MYTH: Big business is bad, small business is good.xA0;TRUTH: Every big business began life as a small business, and every small business today yearns for enough success to become a big business tomorrow. For some productsx2014;like cars or electrical powerx2014;little companies canx2019;t benefit their workers or customers as reliably as huge corporations.xA0;MYTH: Business executives are overpaid and corrupt.xA0;TRUTH: Top leaders will always command top dollar, and a company canx2019;t limit executive pay without limiting its access to talent. Ferocious, long-term competition in the corporate world ultimately rewards focus and hard work, not short cuts and corruption.xA0;MYTH: You can count on better treatment from the government than from business.xA0;TRUTH: If a private company deals with you poorly, you can take your business elsewhere. But with the governmentx2019;s power, you get only two choices: compliance or jail. xA0;Medved responds to business-bashing lies with the slashing wit, irrefutable facts, fascinating historical nuggets, illuminating anecdotes, and liberating clarity that made him one of the top-ten talk-radio hosts in the United States. This audaciousand urgently needed book provides energy and inspiration for a beleaguered free-market system poised for its unstoppable comeback.

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MICHAEL MEDVEDx2019;s daily three-hour radio program, The Michael Medved Show, reaches more than four million listeners on more than two hundred stations coast to coast. He is the author of eleven other books, including the bestsellers The 10 Big Lies About America, Hollywood vs. America, Hospital, and What Really Happened to the Class of x2019;65?, and is a member of USA Today x2019;s board of contributors. For more than a decade he cohosted Sneak Previews, PBSx2019;s weekly movie review show. An honors graduate of Yale, Medved lives with his family in the Seattle area.