Reprising this chart which integrates the major answers to the question: What makes liberal capitalism good?
![liberal-capitalism-flowchart liberal-capitalism-flowchart](https://www.stephenhicks.org/wp-content/uploads/2012/12/liberal-capitalism-flowchart-1024x768.jpg)
The chart diagrams the positive claims about liberal capitalism by its defenders — John Locke, Adam Smith, John Stuart Mill, Ludwig von Mises, Ayn Rand, Friedrich Hayek, Milton Friedman, and others.
![Liberalism-Hicks-Stephen-cover](https://www.stephenhicks.org/wp-content/uploads/2020/02/Liberalism-PC-Connor-COurt-2020-679x1024.jpg)
For elaboration, see my book Liberalism Pro and Con (2020).
Also my 13 Arguments for Liberal Capitalism in 13 Minutes series of video shorts.