Acton Institute Powerblog Archives

Post Tagged 'capitalism'

Why American Slavery Wasn’t Capitalist

In his new book, The Half Has Never Been Told: Slavery and the Making of American Capitalism, Edward E. Baptist “offers a radical new interpretation of American history,” through which slavery laid the foundation for and “drove the evolution and modernization of the United States.” In a review of the book for the Wall Street Journal, Fergus M. Continue Reading...

Distinguishing Capitalism

Last month the New York Times hosted a discussion on the question, “Has Capitalism Become Incompatible With Christianity?” There’s lots to be said about the “Room for Debate” feature, including a note on the caption for the lead image in the introduction. Continue Reading...

Nuclear Iran: The Role of Islam and Capitalism

For years, the international community has pressured Iran to throw out its alleged nuclear weapons development program and has imposed crippling economic sanctions as a tool for compliance. Two week-long talks have just resumed with the Islamic Republic, yet little is expected to come out of them. Continue Reading...

David Brat’s Religious Virtues

In a piece today for the NYT Magazine, economics reporter Binyamin Appelbaum examines David Brat’s fusion of faith and free-market economics. Appelbaum finds that mixture problematic, to say the least, but it’s hard to sort out whether it is the religious faith or the free-market sympathies that Appelbaum finds more troubling. Continue Reading...

A Cultural Case for Capitalism: Part 12 of 12 — Beyond Marxism

[Part 1 is here.] That most colossal blunder of Marxist experiments, the Soviet Union, collapsed more than twenty years ago, and yet Marxist thinking still penetrates the warp and woof of contemporary culture, so much so that it’s easy even for avowedly anti-Marxist conservatives to think from within the box of Marxism when considering the problem of cultural decay. Continue Reading...

A Cultural Case for Capitalism: Part 7 of 12 — What have the capitalists ever done for Wendell Berry!

[Part 1 is here]. In Monty Python’s Life of Brian, the ring leader of a little band of first-century Jewish rebels asks, “What have the Romans ever done for us?” He’s sure the answer is absolutely nothing, but one of the rebels meekly pipes up with “The Aqueduct.” A moment later another rebel squeaks, “And the sanitation.” Then another, “The Roads.” “What have the Romans ever done for us!” The ringleader grudgingly grants all of this and then tries to wrench the meeting back on track. Continue Reading...