Acton Institute Powerblog Archives

Post Tagged 'capitalism'

Think Tanks Taking a Stand Against Crony Capitalism

Alejandro Chafuen, president and chief executive officer of Atlas Economic Research Foundation and board member of the Acton Institute, recently wrote a piece for Forbes.com about crony capitalism. Chafuen used to spend his summers in Argentina, so he begins his article with a story about a friend from Argentina. Continue Reading...

Civil Society and Social Eco-System: Seeking Solutions Beyond Market and State

Over at Fieldnotes Magazine, Matthew Kaemingk offers a good reminder that in our social solutions-seeking we needn’t be limited to thinking only in terms of market and state. By boxing ourselves in as such, Kaemingk argues, Christians risk an overly simplistic, non-Biblical view of human needs and human destiny: When presented with almost any social problem (education, health care, poverty, family life, and so on), today’s leaders typically point to one of two possible solutions—a freer market or a stronger state. Continue Reading...

The Academy’s Rage Against Capitalism

Over at Ricochet, Peter Robinson broaches the oft asked question about intellectuals and their disdain and rage against capitalism. Robinson unearthed Robert Nozick’s, “Why Do Intellectuals Oppose Capitalism?” Nozick declared, The schools, too, exhibited and thereby taught the principle of reward in accordance with (intellectual) merit. Continue Reading...

Jim Wallis, Davos Capitalism, Cronyism, and the ‘New Social Covenant’

Sojourners’ Jim Wallis has been at the Davos gathering in Switzerland and is urging us to be guided by a new Davos “covenant.” If you’ve never heard of Davos, Michael Miller’s RealClear Politics piece “Davos Capitalism” describes the gathering and its unassailable hubris this way: Davos capitalism, a managerial capitalism run by an enlightened elite–politicians, business leaders, technology gurus, bureaucrats, academics, and celebrities–all gathered together trying to make the economic world smarter or more humane…. Continue Reading...

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...

On the Importance of Definitions

I recently asked the question at Ethika Politika, “Which Capitalism?” (also the title of my article), and I followed it up with a related question here regarding the relationship between distributism and capitalism (is the former a form of the latter?). Continue Reading...