"Capitalism for Kids" is an introduction to entrepreneurship. Karl Hess stresses how a person can earn a profit in business while maintaining the highest possible standards of honesty and integrity. Includes a self-test to help the reader determine how enterprising he/she really is, as well as an excellent chapter on "Capitalism and Other Isms" that clearly defines capitalism, democratic socialism, socialism, and communism. Although written with young people in mind, many adults will benefit by reading this book, especially the section which was written specifically for parents and teachers. Highly recommended. Ages 10 up.
"Entrepreneurs, even young entrepreneurs, know that every new day is a new challenge. They know that learning must go on throughout life. They know that learning is not just something you do in school. They know that you do it every day, with every experience, if you are alert and thoughtful. They know that the ability to think includes the ability to change, to adapt, to use new tools and information. Change, which may seem such a threat and a danger to some people, will just seem a challenge and an opportunity to the entrepreneur." Karl Hess, author.
For an excellent companion volume see "Common Sense Business for Kids" also available through Amazon.
Table of Contents for "Capitalism for Kids"
Introduction For Parents and Teachers 1. Money and You 2. What Kind of Person Are You? 3. Capitalism and Other Isms 4. The Wonderful World of Work 5. Opportunity and the Computer 6. The Family That Works Together 7. Investing Time and Dollars 8. Are You a Volunteer? 9. Education, Experience, and Enterprise 10. Laws, Liability, and Licenses 11. Words of Wisdom Resources for Young Entrepreneurs Index
Finished (8 June 2011) as the last book in our first class for homeschool kids: Arthur (12), Walter G (11)., Henry G.(13) and Eleanor P(12).
The kids generally liked the book. Eleanor and I loved it and want more. More notes to come. -----------------
Reading this presently for our Capitalism4Kids.com co-op class with my son and three other kids. Fascinating discussion last Friday about "What Type of Person Are You?" (Capitalist/individualist or Socialist/collectivist). The kids are between 11 & 14 years old and surprisingly hep to these issues. ---- Most of the chapters are very good for kids who have some interest in learning about entrepreneurship, capitalism, socialism, etc.
The first chapter is more geared to parents or more mature than younger kids.
Good references at the end of the book, when it was originally published in the late 80s, but some organizations are pretty dated (or gone) by now.
Every person on the planet needs to read this. This book will be mandatory for my kids to read when they turn 13. I'm only 18, but I wish I had read it sooner!
"Capitalism for Kids" is an incredibly thought-provoking, handy, and practical book for young readers and adults. Kids can learn what it takes to be an entrepreneur and maximize their potential, and adults can appreciate the advice and ideas in the book that they can encourage in their children/students. The chapters are reasonably short and easy to understand.
The content and advice given in the book is not age-specific, which can be both helpful and confusing for readers. There appears to be more in the way of resources for older kids (15+), but still useful for the younger readers (about 7+).
Grammatically, the only errors I have noticed are the frequent use of split infinitives, which frustrates the reader and subtracts from the wonderful ideas this book exhibits.
Great book on free market economics for kids. The chapter at the end for parents was an excellent explanation of why public education tends to damper the spirit of entrepreneurship, and what parents can do about it.