Acton Institute Powerblog

Conservatives and the Non-Triumph of Capitalism

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Conservatives need to stop shying away from principled, as opposed to merely utilitarian, defenses of economic freedom and its associated institutions, says Acton research director Samuel Gregg in an article for Public Discourse:

Some fiscal conservatives are certainly too sanguine about creative destruction’s unintended negative effects on our lives. But these side effects are not sufficient reasons to try to slow or even stop the process, let alone assume that higher taxes and the welfare state (which itself breeds plenty of dysfunction) are the appropriate response.

Still, it doesn’t seem wise to play down these negative impacts. Given the conservative commitment to limited government, it would seem that the authentically conservative response would be to investigate and apply Tocquevillian “civil society” solutions to such problems before looking to the state for remedies.

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Joe Carter Joe Carter is a Senior Editor at the Acton Institute. Joe also serves as an editor at the The Gospel Coalition, a communications specialist for the Ethics and Religious Liberty Commission of the Southern Baptist Convention, and as an adjunct professor of journalism at Patrick Henry College. He is the editor of the NIV Lifehacks Bible and co-author of How to Argue like Jesus: Learning Persuasion from History's Greatest Communicator (Crossway).

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