1. The foundation of capitalism rests on the principle that:

1. Human beings are not capable of voluntary cooperation, because greed keeps people from being able to serve one another without violating human rights.
2. Human beings are not experts in everything, therefore self-interested, but peaceful, activities can raise the standard of living, even for poor people.
3. Enlightened self-interest is a way to promote cooperation, trade, and prosperity - but only for people who are born privileged.
4. Government regulation over all business activities, including prices, wages and product offerings is essential to promote economic freedom.
5. Slavery, even though it is a gross violation of human rights, was part of the foundation of genuine capitalism centuries ago.