Acton Institute Powerblog Archives

Post Tagged 'Criticism of capitalism'

Does Capitalism Exploit Workers?

One of the most common criticisms of capitalism is that the system exploits workers. It’s an old claim (dating back to at least Karl Marx). But is it true? Philosopher Matt Zwolinski argues that even if individual capitalists want to exploit workers the free market tends to prevent them from doing so. Continue Reading...

Marx Redivivus?

Ross Douthat (a scheduled plenary speaker at this year’s Acton University) has a noteworthy piece this week about the revival of sorts of Karl Marx: “Marxist ideas are having an intellectual moment, and attention must be paid.” He looks at Marxism among Millennials, who perhaps can be excused for not knowing any better given their relative youth and the education many have received. Continue Reading...

Lorde, Poverty, and Envy

At Reason Thaddeus Russell argues that Macklemore and Lorde embody a kind of progressive cultural critique of capitalism, captured in the attack on “conspicuous consumption” made famous by Thorstein Veblen. Russell traces the “progressive lineage” of this critique: “Their songs continue a long tradition, rooted in progressivism, of protests against the pleasures of the poor.” Having never listened to him, I have no opinion about Macklemore. Continue Reading...

Samuel Gregg: Europe’s Broken Economies

Acton’s Research Director in the American Spectator: Europe’s Broken Economies By Samuel Gregg During September this year, much of Europe descended into mild chaos. Millions of Spaniards and French went on strike (following, of course, their return from six weeks vacation) against austerity measures introduced by their governments. Continue Reading...