Category: News and Events

On the Patheos Evangelical channel, Joseph E. Gorra talks to Rev. Robert A. Sirico, Acton Institute president and co-founder, about the publication of his new book, Defending the Free Market: The Moral Case for a Free Economy. Gorra frames the interview with this question: “Countless detractors over the years have argued that capitalism is intrinsically immoral. Is it true?”

Patheos: As you know, “capitalism” and “free markets” often invoke all sorts of various (even contradictory) images and ideas for different people. I want to start by having you articulate what it is that you are defending in this book in order to help readers break through some of the “noise” that’s out there on this topic.

Sirico: The word “capitalism” itself has Marxist connotations and is, to my mind, too narrow for the free economy I am talking about. Every sort of state or crony capitalist venture gets to use the name capitalism, and I am as suspicious of corporate welfare as I am for other kinds of welfare—and for many of the same reasons.

Patheos: What would be a better way to nuance “capitalism”?

Sirico: I really find helpful Blessed John Paul II’s delineation between what might be called “capitalisms” in his 1991 encyclical Centesimus Annus where he says that the kind of “capitalism” which should replace the collapsed Communist regimes in Central and Eastern Europe and recommended to the developing world ought to be one “which recognizes the fundamental and positive role of business, the market, private property, and the resulting responsibility for the means of production, as well as free human creativity in the economic sector…” but then he is quick to add, “even though it would perhaps be more appropriate to speak of a “business economy,” “market economy,” or simply “free economy” (see Centesimus Annus, no. 42). Such an expression of human liberty, grounded in ethical and religious tradition—especially natural law reasoning—and circumscribed by law, is to my mind, the best we can get on earth. This approach is neither libertine nor anarchistic.

Read “Is Capitalism Immoral? An Interview with Father Robert Sirico” on the Patheos Evangelical channel.

Today marks the 25th anniversary of Ronald Reagan’s stirring speech in front of Berlin’s Brandenburg Gate. Against the advice of the State Department, the National Security Council and the ranking U.S. diplomat in Berlin, the President challenged Mikhail Gorbachev, General Secretary of the Communist Party, to take his glasnost policy one step further with the demolition of the Berlin Wall.

The speech, which forecasted the wall’s 1989 destruction, remains one of the most iconic moments of Reagan’s presidency and a moment of victory on the path to world freedom.

Below is a video of the speech:

 

A roundup at Notes on Arab Orthodoxy paints a grim picture for Christians — and clashing Islamic sects — in Syria. It’s a gut-wrenching account of kidnappings, torture and beheadings. One report begins with this line: “Over 40 young men (including a couple of doctors) from the Wadi area, were killed by the bearded men who are eager to give us democracy.”

The article also links to a report in Agenzia Fides, which interviewed a Greek-Catholic bishop:

The picture for us – he continues – is utter desolation: the church of Mar Elian is half destroyed and that of Our Lady of Peace is still occupied by the rebels. Christian homes are severely damaged due to the fighting and completely emptied of their inhabitants, who fled without taking anything. The area of Hamidieh is still shelter to armed groups independent of each other, heavily armed and bankrolled by Qatar and Saudi Arabia. All Christians (138,000) have fled to Damascus and Lebanon, while others took refuge in the surrounding countryside. A priest was killed and another was wounded by three bullets.

Read “Things Get Worse in Syria” on the Notes on Arab Orthodoxy site.

Wis. Gov. Scott Walker

On National Review Online, Acton Research Director Samuel Gregg demolishes the left’s knee-jerk explanation for labor union decline, which blames “the machinations of conservative intellectuals, free-market-inclined governments, and businesses who, over time, have successfully worked to diminish organized labor, thereby crushing the proverbial ‘little guy.'”

Gregg writes:

“The truth, however, is rather more complex. One factor at work is economic globalization. Businesses fed up with unions who think that their industry should be immune from competition are now in a position to move their operations elsewhere — ranging from the southern states of America, to China, India, and other developing countries — where people and governments enthusiastically welcome the influx of knowledge, capital, and jobs. In this regard, it’s always struck me as ironic that unions in developed countries regularly act in ways that essentially hamper economic and employment growth in developing nations. So much for the “international solidarity of workers.” Comradeship apparently stops at the Rio Grande. (more…)

Donald Trump's tagline: "You're fired."

Last week I raised the question of whether being a Christian businessperson means you do some things differently, and particularly whether some of these things that are done differently have to do with terminating an employee.

Here’s a snip of what Kenman Wong and Scott Rae say in their recent book, Business for the Common Good:

Although periodically companies may take on certain employees as an act of benevolence, it is not the norm. Employees are bound by mutual obligations to the company, and when they do not live up to them, leaders are not being unjust or unfair in holding them accountable and firing them if necessary. Of course, servant leaders will work with employees at risk and attempt to redeem the relationship. But if the employee must be let go, the leader will give a truthful reason for termination, provide input to the employee so that a pattern does not repeat itself with the next employer, and treat the person with dignity and respect throughout the entire process.

You may not be doing someone a favor by keeping them on in a position that is not a good fit, or which does not challenge them appropriately or help them to develop themselves and maximize their own potentialities. As Wong and Rae continue, “Remember, people need to accomplish something significant and in a way that fits their gifts. Serving them best may involve letting them go so they can find a more suitable place to develop and contribute.”

As for the propriety of prayer in these contexts, it seems obvious to me that the employer should be praying for the well-being of his employees, and vice versa, throughout this entire process and beyond. It would take the application of insight into a particular situation to determine whether a prayer with the employee at the time of termination would be appropriate or not, however, and the content of the prayer would need to reflect the dynamics of power that are apparent in the context of the termination of employment.

John Luther is pierced for Jenny's transgressions.

An essay of mine on the wonderful and difficult BBC series “Luther” is up over at the Comment magazine website, “Get Your Hands Dirty: The Vocational Theology of Luther.”

In this piece I reflect on DCI John Luther’s “overriding need to protect other people from injustice and harm, and even sometimes the consequences of their own sin and guilt,” and how that fits in with the Christian (and particularly Lutheran) doctrine of vocation.

Indeed, the character’s name itself is instructive in this regard. DCI John Luther (played by Idris Elba) is a kind of present-day embodiment of the ideas present in the popular book On Secular Authority, which contains works by the reformers John Calvin and Martin Luther on the restraining power of the civil magistrate.

As I write,

John Luther is a deeply troubled man. We get no real insight into his spiritual life, and he begins the second series of episodes on the verge of suicide. There is likewise little overt religiosity in Luther. But in the vicarious representative action of the natural lawman DCI John Luther on behalf of others, we see a broken and fragmentary expression of common grace, God’s preserving work in the world.

In this way, as a force for civil justice and the restraint of evil, DCI John Luther might just be on God’s side without knowing it.

Writing on The American Spectator website, Acton Research Director Samuel Gregg looks at the strange notion of European fiscal “austerity” even as more old continent economies veer toward the abyss. Is America far behind?

Needless to say, Greece is Europe’s poster child for reform-failure. Throughout 2011, the Greek parliament passed reforms that diminished regulations that applied to many professions in the economy’s service sector. But as two Wall Street Journal journalists demonstrated one year later, “despite the change in the law, the change never became reality. Many professions remain under the control of professional guilds that uphold old turf rules, fix prices and restrict opportunities for newcomers.” In the words of one frustrated advisor to German Chancellor Angela Merkel, “Even when the Greek Parliament passes laws, nothing changes.”

Politics helps explain many governments’ aversion to reform. Proposals for substantial deregulation generates opposition from groups ranging from businesses who benefit from an absence of competition, union officials who fear losing their middle-man role, to bureaucrats whose jobs would be rendered irrelevant by liberalization. The rather meek measures that Europeans call austerity have already provoked voter backlashes against most of its implementers. Not surprisingly, many governments calculate that pursuing serious economic reform will result in ever-greater electoral punishment.

In any event, America presently has little to boast about in this area. States such as Wisconsin have successfully implemented change and are starting to see the benefits. But there’s also fiscal basket-cases such as (surprise, surprise) California and Illinois that continue burying themselves under a mountain of debt and regulations.

Read “Why Austerity Isn’t Enough” by Samuel Gregg on The American Spectator.