Pope Benedict slams capitalism?

A friend sent me a link to a Reuters story on Pope Benedict XVI’s New Year’s homily. The article carried this headline: “Pope hopes for 2013 of peace, slams unbridled capitalism.” It is always a good rule of thumb with media reports like this to read the actual speech or document being cited, and not just go by the headline. Continue Reading...

Irony of Ironies: Samuel Gregg on Vatican II and Modernity

Samuel Gregg, Acton’s Director of Research, has an article in Crisis Magazine entitled ‘Irony of Ironies: Vatican II Triumphs Over Moribund Modernity‘. Challenging the incoherence of modern thought, Gregg remarks Another characteristic of late-modernity is the manner in which moral arguments are increasingly “settled” by appeals to opinion-polls, choice for its own sake, or that ultimate first-year undergraduate trump-card: “Well, I just feel that X is right.” For proof, just listen to most contemporary politicians discussing the ethical controversy of your choice. Continue Reading...

Legatus Magazine & Acton Round-Up

The Acton Institute’s staff is heavily featured in the July/August issue of Legatus Magazine. First, there is a brief review of the Rev. Robert Sirico’s new book, ‘Defending the Free Market’: He shows why free-market capitalism is not only the best way to ensure individual success and national prosperity, but is also the surest route to a well-ordered society. Continue Reading...

Can Business Make You Holy?

Andreas Widmer, entrepreneur, former Swiss guard, and contributor to PovertyCure, has published an article at First Things, titled “Can Business Save Your Soul?”  It is Widmer’s take on the statement by the Pontifical Council for Peace and Justice regarding the role of business (see commentary on this by Acton’s Kishore Jayabalan here). Continue Reading...

Kishore Jayabalan: Vatican supports dignity of work

The Detroit News editorial page today features Kishore Jayabalan’s commentary regarding the pro-business statement made by the Pontifical Council for Justice and Peace (PCJP). Jayabalan, Director of Istituto Acton in Rome, says this: It may be easier to describe the contents of the PCJP statement by saying what it is explicitly not. Continue Reading...

‘The Transformative Power of Work’

Cardinal Peter K. Turkson, in a recent address to French businesspeople, spoke about integrating faith and work. In its exercise of business, therefore, humanity would become a ‘rock’ that sustains creation through the practice of love and justice. Continue Reading...