The “fixed pie” fallacy in economic thinking, as expressed by writers such as Hilaire Belloc, has served the class warfare crowd well despite lacking any basis in reality. “The historical reality of entrepreneurs gives the lie to two of Belloc’s assumptions: that the wealthy can maintain luxurious living standards by sitting on their wealth, and that capitalism prevents the poor from working their way up the economic ladder,” writes Charles Kaupke in the latest Acton Commentary (published August 8). The full text of his essay follows. Subscribe to the free, weekly Acton News & Commentary and other publications here.
In today’s Acton Commentary (published August 1) Samuel Gregg writes that “one shouldn’t forget just how central the endless pursuit of ever-greater economic equality is to the modern Left’s very identity. In fact, without it, the modern Left would have little to its agenda other than the promotion of lifestyle libertarianism and other socially destructive ends.” The full text of his essay follows. Subscribe to the free, weekly Acton News & Commentary and other publications here.
July 31st marks the 100th birthday of the economist Milton Friedman. Celebrations planned by proponents of free-markets will take place across the country to recognize and pay tribute to his legacy and the power of his ideas. I am speaking at an Americans for Prosperity event in town on the topic of school choice on his birthday.
My commentary this week is on school choice. Nobody has influenced and shaped the school choice movement more than Friedman. In my piece, I stressed the moral power of pivoting away from bureaucratic centralized schooling and encourage greater parental involvement in education. Simply put, school choice allows for parents to better shape the spiritual formation of their children. Nobody can make better decisions about the education of their children than the parents.
Finally, schools that have to compete for students and tax dollars will be forced to improve and be innovative for today’s complex and global marketplace.
President Obama’s speech last week in which he asserted to businesspeople, “You didn’t build that,” has been getting some pretty harsh and some pretty hilarious responses.
In this week’s Acton Commentary, “It Takes a Village to Raise a Business,” I caution against responses that play into a simple individualist/collectivist dichotomy that underlays the president’s message:
We all know at some level that we didn’t get where we are on our own, and that we have an ongoing responsibility and dependence on others for our continuing enjoyment of the goods of human existence. Christians realize too that our independence and freedom is ultimately limited and dependent not simply on other people but on the grace of God.
So to President Obama’s problematic construal of the structure of society (essentially consisting of the individual and the helping hand of government), critics shouldn’t respond simply with the vehement assertion of naked individualism. Instead, we need to articulate a more balanced and accurate perspective, one that properly relates “independence and mutuality, individuality and community.”
One such response from Hunter Baker is here, and is worth checking out.
Under the policies and leadership of the Obama administration, the economic lives of struggling blacks are now worse, not better, than they were three years ago. “If the president were to give an account of his administration’s advancement of African Americans he would be hard pressed to describe anything significant beyond funneling redistributed wealth into government bureaucracies, a traditional path to the middle class for blacks,” says Anthony B. Bradley in this week’s Acton Commentary (published July 11). The full text of his essay follows. Subscribe to the free, weekly Acton News & Commentary and other publications here.
Perhaps no other adjective better captures the American political climate than fearful, says Andrew Knot in this week’s Acton Commentary (published May 25). “The past decade has witnessed a spike in fear-driven politics, at least accusations of such. The coming election appears no different,” he adds. The full text of his essay follows. Subscribe to the free, weekly Acton News & Commentary and other publications here.
In my Acton Commentary this week, “Good Work Never Ends,” I look at the example of two local personalities, John Izenbaard of Kalamazoo, Michigan, and Fred Carl Hamilton of Wyoming, Michigan, to argue that “the good work of service to others ought never end as long as we live.”
Izenbaard in particular is a striking example of perseverance in serving others. The 90 year-old Izenbaard has been working at Hoekstra’s True Value Hardware for 74 years, and has no plans to retire.
During his conversation with Rev. Sirico at Acton University last week, Michael Novak observed that at the heart of every business is an idea, some new good or service that is produced. In my talk on “The Church and God’s Economy,” I outlined what I call the 4 P’s of God’s economy. The P for the realm of work is that of “production,” precisely in the same sense used by Novak. Work is the realm of productive service of others. When work is defined in this way it causes us to rethink from the ground up the worldly notion of retirement.
In this week’s piece I also refer to the formula “from success to significance.” As I point out, a good way of understanding this formula is not necessarily as a temporal transition from career into retirement, but rather as a shift in perspective. On that score, we might also talk about moving “from success to service,” or even defining success in terms of productive service.
Dietrich Bonhoeffer has a helpful insight into what this might look like in relation to the challenge of being faithful in the midst of the daily grind:
The unity of prayer and work, the unity of the day, is found because finding the You of God behind the It of the day’s work is what Paul means by his admonition to “pray without ceasing” (1 Thess. 5:17). The prayer of the Christian reaches, therefore, beyond the time allocated to it and extends into the midst of the work. It surrounds the whole day, and in so doing, it does not hinder the work; it promotes work, affirms work, gives work great significance and joyfulness. Thus every word, every deed, every piece of work of the Christian becomes a prayer, not in the unreal sense of being constantly distracted from the task that must be done, but in a real breakthrough from the hard It to the gracious You.
I also note Lester DeKoster’s fine book on work in the context of this week’s piece, and his argument helps us realize that the dynamic of serving others and serving God is not an either/or proposition. As he writes, work “gives meaning to life because it is the form in which we make ourselves useful to others, and thus to God.”