Don Mathews and "The True Spirit of Enterprise"

Today, when looking at the American free market system, it is not easy to keep ourselves from thinking about how businesses have transformed over the last few decades. Yet when capitalism brings many benefits to everyone, questions and criticisms about the different ethical aspects of the free market arise. In the article "The True Spirit of Enterprise", the author Don Mathews, who is an economics professor at Coastal Georgia Community College, argues against all criticisms and doubts upon the idea that capitalism nowadays results from nothing but "greed and unethical competitiveness" (539). He strongly disagrees with any statements in which "successful entrepreneurs" whose businesses have influenced and shaped the American society are being criticized as "ruthless businesspeople" (539). His argument appears in The Free Market, one of the periodicals of the Ludwig von Mises Institute. It is apparent to see that the article is aiming towards a target audience of businesspeople who are in the age range of late twenties or up. …