The Morality of Capitalism: Property Rights, Legal Regimes, and Markets

The Austin Lawyers Chapter
Start : Tuesday, October 25, 2011 11:30 AM
End : Tuesday, October 25, 2011 01:00 PM

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Sullivan’s Steakhouse
300 Colorado Street
Austin, TX

Featured Speakers:
Doug Bandow



  • Doug Bandow, Senior Fellow at the Cato Institute

Doug Bandow is a senior fellow at the Cato Institute, specializing in foreign policy and civil liberties.  He worked as special assistant to President Reagan and editor of the political magazineInquiry.  He writes regularly for leading publications such asFortunemagazine,National Interest,The Wall Street Journal, andThe Washington Times.  Mr. Bandow speaks frequently at academic conferences, on college campuses, and to business groups.  Mr. Bandow has been a regular commentator on ABC, CBS, NBC, CNN, Fox News Channel, and MSNBC.  He holds a J.D. from Stanford University.

Even if markets are not perfect, do they do a better job of producing wealth and dispersing power than alternatives?  What effect does the legal regime in which markets operate have on how they operate?  Mr. Bandow will argue that, while markets do not do everything, poverty exists because markets do not go far enough and capitalism gives us the means to care for the poor.  Moreover, according to Mr. Bandow, pollution is a problem where property rights do not exist, and government is the source of most enduring monopolies.  In sum, Mr. Bandow will assert that capitalism has flaws, but we should look to improving the moral and legal environment in which capitalism exists.

Registration details:

Cost is $20 for Federalist Society members, $25 for non-members. (To join the Federalist Society or renew your membership, please visit

1.0 hour of CLE credit pending.

RSVP by Friday, October 21, to or (512) 533-0125. If you RSVP and do not cancel, you may still be charged for your lunch if you do not attend.

We strongly encourage you to pay in advance by mailing your check made out to “The Federalist Society” to Yetter Coleman LLP, Attn. Gina Verlander, 221 W. 6thStreet, Austin, Texas 78701

Valet parking at Sullivan’s is available free of charge to attendees.