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Capitalism

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Destruction is always a net negative. Whether it’s a hurricane, tornado or earthquake or even a war, there is no silver lining in destroying capital... As Hurricane Harvey, now tropical storm Harvey, makes its way across the...
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Trade has always existed, and rich merchants have always been a part of the economic and political picture, but merchants have not always been the rulers, as they are today... In a recent essay...
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Capitalism offers us outstanding new ways to be good. As a civilization, we should concentrate on taking advantage of these remarkable opportunities rather than entertaining idle suggestions, born of intellectual confusion if not sloth and envy, that the great boon of capitalistic plenty is undesirable or an...
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Does capitalism—in its need for efficient, low-paying, and universal labor—have a vested interest in family weakness?... Independent Institute Research Fellow Allan C. Carlson is probably America’s top intellectually-serious social conservative thinker, as...
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Economics is not a stand-alone science, as disciples of the Enlightenment claim, but a branch of philosophy. In short, economics is one of the liberal arts... My recent essay seeking an adequate definition...
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“Capitalism” needs to be pinned down by definition; it needs to be circumscribed so that it doesn’t lead us off in increasingly meaningless and therefore futile lines of reasoning... If words are to have any...
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True educational reform must re-establish the secondary school as a place for broad learning, vocational training as a highly respected route to respectable work, and college as a place for higher learning...   The call for college to...
6 1986

Because of the strong secular faith instilled in us by education, most of us trust that science and technology, democracy, and capitalism, the three legs of Modernity, can bring about only good ends and fail to see that these three triumphs of humankind can diminish the human...
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To shun wickedness, to care for our souls, and to love one another without looking for rewards, if followed by all, would turn injustice, now a constant companion of human life, into a stranger... In...
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Observers who disapprove of others’ exchanges too often want to substitute the visible fist of the state for the invisible hand of the market... "As every individual, therefore, endeavours as much as he can both to employ his capital in the support of domestic...
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There seems to be very little cultural space for humanistic studies. It is difficult to perceive how literature, philosophy, or theology could contribute to technological capitalism... I would like you to imagine the following situation:...
10 1607

Should Christians support capitalism? Surely yes, if only because capitalism deserves most of the credit for the decline of extreme poverty in the world, from about one-third of the world’s population a generation ago, to about one-tenth today,...
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There’s nothing like starting the New Year with a new controversy. My recent essay, “Finding Freedom in Your Pocket,” prompted a scathing response from one reader who derided my concerns about the rising power of the...
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It has been said by some of his critics that Pope Francis does not understand capitalism, having grown up in Peronist Argentina. This may be true. But it is also true that the economic system which...