Acton Institute Powerblog Archives

Post Tagged 'capitalism'

April 08, 2013

10 memorable Thatcher quotes on economics and freedom

1. “Pennies don’t fall from heaven, they have to be earned here on earth.” (Speech at Lord Mayor’s Banquet, 11/12/79) 2. “If a Tory does not believe that private property is one of the main bulwarks of individual freedom, then he had better become a socialist and have done with it.” Continue Reading...
March 29, 2013

Ordered Liberty and Same Kind of Different as Me

A friend at church recently loaned me the New York Times bestseller Same Kind of Different as Me, which tells the story of how a wealthy art dealer named Ron Hall and a homeless man named Denver Moore struck up a friendship that changed both their lives. Continue Reading...
March 28, 2013

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...
February 01, 2013

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...
January 29, 2013

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...
January 28, 2013

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...