Posts tagged with: morality

Memo to documentary filmmaker Michael Moore: Free markets didn’t cause the financial crisis. The biggest culprits were government planners meddling with the market. That’s the message of Acton’s newest video short.



So why on earth is Michael Moore (Capitalism: A Love Story, Sicko) so eager to route even more power and money through Washington? Centralized planning is economic poison. Doubling down isn’t the cure.

(Also, Acton’s resource page on the economic crisis is here.)

Samuel Gregg, director of research at the Acton Institute, reflects on business ethics in his recent commentary.  Gregg explores the presence of business ethics courses in business schools; however, with the large presence of business ethics courses we still have a lack of ethics present in business.  The lack of ethics in business became a major factor in our current financial crisis.  Gregg further explains that business is not just about management or the business ethics that are taught, but businessmen and women need to also learn stewardship:

Business, however, is about more than management. It also involves stewardship (inasmuch as managers have moral and fiduciary responsibilities to their clients and investors) and entrepreneurship – the actual creation of wealth. Many business leaders would be shocked to discover that studying entrepreneurship remains optional in many business schools today.

This underlines another problem for some business schools. It’s not clear that all business professors are convinced of the morality of economies based on free enterprise, limited government, and rule of law. This ambivalence cannot help but be communicated to their students, which they take with them into the marketplace. It is very difficult for business schools to teach the moral habits associated with successful business when many business professors regard private enterprise and markets as, at best, useful but morally-insignificant phenomena.

Gregg also makes references it Pope Benedict XVI’s new social encyclical, Caritas in Veritate, to demonstrate the need for morality in business:

Hence, though Benedict speaks approvingly of the rise in ethics-consciousness in the worlds of finance and business, he cautions that simply attaching the label “ethical” to a given enterprise tells us nothing about the actual morality of its practices. What ultimately matters, the Pope affirms, is the precise vision of morality – and therefore the understanding of the human person – informing not simply a particular business, but the entire economy (CV 45).

One of the main arguments for nationalized health care is a moral argument: Health care is a right and a moral and just society should ensure that its people are taken care of–and the state has the responsibility to do this. Bracketing for the time being whether health care is actually a right or not–it is clearly a good, but all goods are not necessarily rights–whether the state should be the provider of it is another question.

But there is another question as well: It is often assumed that those arguing for national health care and socialized medicine have the moral high ground and those of us who oppose it are always arguing on economic terms. I would argue that this is a ground too easily given and not deserved. While the economics are pretty clear (see Hunter Baker’s post), the moral arguments against nationalized health care are sometimes overlooked. Here are a couple of reasons why nationalized health care is in fact not a morally pure as proponents would like us to believe.

1. Handing something off to the state so citizens don’t have to take responsibility for themselves and others doesn’t doesn’t really contribute to the moral fabric of a society.
We love to talk about solidarity and the common good but too often solidarity gets turned into “let the state take care of it.” A broader and I would argue morally rich concept of the solidarity and the common good would look to human flourishing and a rich civil society and turn to the state only as the last resort.

It hurts the common good to have the state take over responsibilities that we should bear ourselves or for our fellow citizens. A large nanny state contributes to the “individualism” that Tocqueville warned about: a turning into self that isolates us from everyone but our nearest circle. If the state does everything for us then we don’t need to care about our brothers and sisters and fellow citizens. This means the breakdown of guess what–solidarity. Solidarity is the driving principle behind subsidiarity, voluntary organizations, and charity. Love of neighbor should prompt us to help each other not pass it it off to the state.

From a moral point of view, having the state take over health care breaks down solidarity and harms the common good.

2. At least equally important–how moral is a health care system based on utilitarian cost benefit calculus and consequentialism? Not very, but that’s how nationalized healthcare operates.

Think about what this means for a minute. Health care decisions are made based on cost benefit and utility which itself puts us on dangerous moral ground. This danger becomes clear when when we realize the consequences. A utilitarian, data driven or what ever you want to call it system ends up by putting pressure on the weak and especially targets the disabled and the elderly. Why? Because if decisions are make based on utility then why would we want to spend health dollars on the disabled and the elderly when their “usefulness” is minimal. Keeping the elderly and the disabled alive costs money. For Christians or other who accept the inherent dignity of life the value of this is obvious, but for secular utilitarians and a utilitarian health care system this is a waste of money–which means that after a time within a national health care system, pressure will mount to euthanize the elderly and infirm. If this sound ridiculous and conspiratorial to you I suggest that you look at Europe and what is beginning to happen there. After years of population decline Europe is a demographic disaster and guess what? Euthanasia has been legalized in three countries (Holland, Belgium, and Luxembourg), is widely practiced in a fourth (Switzerland) and many pro-euthanasia advocates are starting to introduce cost-effectiveness arguments into their position.

The facts are that a state run health system, while sounding very moral, actually undermines the common good and ends up putting pressure on the unborn, the elderly, and the disabled.

Proponents of nationalized health care attempt to make emotional arguments because economic and medical data supporting their position doesn’t exist. Let us not grant them the moral high ground on this debate. Nationalized health care is scientifically, spiritually, and morally bankrupt—oh yes as Europe is demonstrating, financially bankrupt as well.

In his commentary, “The Pope, the Rabbi, and the Moral Economy,” Samuel Gregg compares recent statements by Britain’s Chief Rabbi, Lord Jonathan Sacks, and Pope Benedict XVI, on the market economy and other social questions. “Benedict and Sacks rigorously deny that markets are intrinsically flawed,” Gregg writes. “Each also maintains that there are fundamental limits to state power. They do, however, insist that morality’s ultimate sources come from neither state nor market.”

Gregg demonstrates the parallels between Pope Benedict XVI’s Caritas in Veritate and an op-ed printed in the London Times by Rabbi Sacks:

The pope and the rabbi had a similar message, which amounts to the following. Some of our contemporary economic problems reflect a deeper moral crisis within Western civilization. Until we acknowledge this, shifts in economic policy and business practice will only provide limited solutions.

Drawing upon the parallels between Pope Benedict the XVI and Rabbi Sachs, Gregg concludes that both question “those who limit morality to politically-causes and the associated refusal of many working economies…”

Only if there are new human beings will there be a new world, a renewed and better world.

When the Pope said these words at Vespers on Sunday, perhaps he had Bernie Madoff in mind.

Today, Madoff was sentenced to 150 years in prison for defrauding his investors of nearly $65 billion over the course of 20 years. His corruption and crimes ruined the livelihoods of thousands of businesspeople, charity workers, and families that trusted his sterling reputation to protect everything that they had worked to earn.

Unfortunately, Madoff is not the only man to have betrayed his financial responsibilities to others. The last few years saw financial scandals at Enron and WorldCom shake the public’s trust in corporations. Just two weeks ago, Texas billionaire R. Allen Stanford was arrested by the FBI on charges that he used a bank in Antigua to mask his $8 billion fraud, stealing from his investors.

When Pope Leo XIII published his encyclical Rerum Novarum in 1891, he wrote that “A small number of very rich men have been able to lay upon the teeming masses of the laboring poor a yoke little better than slavery itself.” The global economy has come a long way since then, with the rise of laws designed to fight white-collar crime, the expansion of opportunities for Third World entrepreneurship with the removal of tariffs, and the creation of enough wealth to eliminate most of the horrific working conditions of the Victorian Era. (more…)

anatomyentreperneur-1 Is moral enhancement of the entrepreneur possible? That’s the question Michael Severance, operations manager for Istituto Acton (the Acton Institute’s Rome office) recently posed to Dr. Adriana Gini, a neuroradiologist at San Camillo-Forlanini Medical Centre in Rome and an expert bioethicist at the Pontifical Athenaeum Regina Apostolorum. Dr. Gini recently led Istituto Acton’s monthly Campus Martius seminar “Moral Enhancement: Back to the Future” and offers some further insight on her topic. An audio recording of her seminar is available on the Istituto Acton home page.

Michael Severance: Dr. Gini, thank you for taking time to explain your views on the fascinating subject of moral enhancement. Most of us have heard of various forms of “physical” enhancement, as with genetic splicing for disease prevention, pre-selection of human embryos to produce “savior siblings” and mixing chemical cocktails to improve the physical endurance of our organs…In what way are the two types of enhancement – physical and moral – related, if at all? Or is this just a play on words?

Adriana Gini: The association between the word “moral” to the type of life we live, the decisions we make, our efforts and struggles to improve society and ourselves is perfectly natural. In fact, morality depends on our acts and our acts are the expression of what we are as human beings. Our behavior, as moral agents, is quite complex and, no doubt, involves our physicality. Nonetheless, a pure physical/neuronal explanation of morality -with no reference to a more comprehensive knowledge of the human person- is rather hazardous. As such, the term “moral enhancement” does not have an immediate, direct connection to some forms of genetic, pharmacological or biotechnological enhancement, unlike the ones targeted at cognitive enhancement.

MS: From an Acton perspective, it is interesting to know if there is some type of “competition” or “economic” factor driving neurological science in the direction of improving the human moral condition. What is at the bottom of all this? For example, is the real inspiration to improve human action found in creating a competitive edge in intelligence within the marketplace? Some might find it hard to believe that secular science is really interested in fostering moral excellence for its own sake in its laboratories. Much less so in its lab rats and guinea pigs!

AG: According to some authors, as with Julian Savulescu, director of the Oxford Centre for Practical Ethics and head of the Oxford Centre for Neuroethics, contemporary research aimed at enhancing human cognition will result in an economic improvement (cf. Chap. 1.4 of Enhancing Human Capacities edited by Dr. Savulescu). In other words, better people make for better jobs, and in the end, better, more productive societies – in an economic sense. However, Savulescu’s claim is that such enhancement might also lead to a greater world of evil action. For example, we can use drugs or other biotechnological means to improve our mental abilities, but sometimes also to our detriment: smarter terrorists mean fiercer terrorist attacks with the mental enhancement to fabricate more powerful, more intelligent weapons of mass destruction. Therefore, in Savulescu’s opinion, any means to morally enhance the human species in terms of cognitive enhancement should only progress alongside research on moral enhancement. No one really knows, however, how to improve the human species morally by biotechnological means alone, since morality is not purely “biological”…, although there are certainly biological correlations to human moral behavior. (more…)

Dr. David W. Miller, who was interviewed in Religion & Liberty for the Winter 2008 issue, was recently on a PBS program discussing corporate morality.

Here is a portion of the PBS interview which relates to the theme in Acton’s R&L interview titled “Theology at Work: Faithful Living in the Marketplace:”

(anchor) ABERNETHY: You, as I said, you used to work in the financial business. What do your friends there, the friends that you have who’ve worked there — what do they tell you about what went wrong; how they feel about it; what they might have done wrong?

Dr. MILLER: Yeah, I work with a group up in Greenwich, Connecticut—we were known as the hedge-fund capital of the world—a group called Greenwich Leadership for people trying to connect their faith and their work and their morals and their values. Some people feel a bit beleaguered by the current situation, because they love their job and they’re good at it, and they are trying to do it in a moral, ethical way and create liquidity and creative instruments for companies. Others, however, realize they’ve bought into something. They’ve almost become addicted to the power and the money. One friend who recently was laid off by AIG, is part of their troubles, privately said he felt that he had made his company his false idol, if you will—that work had become, in his company that he is very proud of actually, had become a false idol, and he was now trying to reorient his life to have balance where faith, family, and other priorities, including his work, would have the right balance, the right perspective.

rebellion In the new book The Rebellion of Ronald Reagan, James Mann wants you to meet Reagan as the rebel who parted ways from cold war hawks in his own administration and foreign policy “realists” who were loyal to containment. It could be argued that Reagan was the atypical conservative dove in Mann’s view.The author does provide a relatively fresh thesis on Reagan’s role in ending the Cold War, which reinforces his rejection of what he calls “both left wing and right wing extremes.” Mann believes conservatives who champion Reagan as the president who had a well formulated economic and military plan to execute the end of the Soviet Union, and left wing critics who saw Reagan as lucky, overly simplistic and vapid, were both wrong.

When it comes to Soviet diplomacy, Mann’s account is highly praiseworthy of Reagan and his Secretary of State George Schultz. He sees the end of the Cold War as a result of both of men’s instincts and creativity in dealing with Mikhail Gorbachev, rather than the heavy arms build up, resistance to détente, and “saber-rattling” of Reagan’s first term. Critics of Reagan from the right, “failed to see the dynamics that were propelling change [in the Soviet Union]. Reagan would come to grasp the situation better and more quickly than they did,” says Mann. (more…)

rl_18_3 The new issue of Religion & Liberty featuring an interview with South Carolina Governor Mark Sanford is available online, now in its entirety. From the very beginning, Governor Sanford has been a vocal critic of all bailout and stimulus legislation pouring out of Washington, regardless of who is occupying the White House.

For an update on the stimulus debate, and the governor’s role in the new stimulus law, The Wall Street Journal published Governor Sanford’s March 20 column titled, “Why South Carolina Doesn’t Want ‘Stimulus.'” Our interview is also unique in that Governor Sanford also talks about faith in the public square and the virtues related to spending restraint.

We have some excellent cultural analysis in this issue, which includes “Busting a Pop Culture Illusion” by S.T. Karnick. Karnick is the editor of the American Culture website. He calls the Disney “life without limits mindset, one of the main progenitors of modern, statist liberalism.” Bruce Edward Walker of the Mackinac Center for Public Policy offers a piece that uplifts the moral order over ideology. Walker declares:

For Eliot, the moral imagination derived from his Anglo-Catholicism; for Kirk, his Roman Catholicism. Devoid of moral imagination, all systems–political, social, economic, familial and spiritual–are bound to fail. True conservatives, both men believed, place moral considerations ahead of ideology. In fact, both held that true conservatism is the negation of ideology.

Two books are reviewed in this issue, Kevin Schmiesing reviews Philip Lawler’s The Faithful Departed: The Collapse of Boston’s Catholic Culture and I review Spiritual Enterprise: Doing Virtual Business by Theodore Roosevelt Malloch. Schmiesing’s review first appeared on the Powerblog in November.

In this issue we also pay tribute to one of the giants who was pivotal in the destruction of Marxist-Leninism. Alexander Solzhenistyn (1918 – 2008) is the “In The Liberal Tradition” figure for this issue. I was about 14 or 15 when my dad gave me a copy of Aleksandr Solzhenitsyn’s The Gulag Archipelago, and in reading his book it was plain for me that the fundamental flaws of the Soviet System were moral in nature. Nobody has written and articulated that case better and more effectively than Solzhenitsyn did. His works offered the first critique of the Soviet system I had come across from a non-Westerner. It’s not the first time we have written about Solzhenitsyn of course, Religion & Liberty’s Executive Editor John Couretas published “Solzhenitsyn and Russia’s Golgotha” in the Spring issue of 2007.

“Government budgets are moral documents,” is the often quoted line from Jim Wallis of Sojourners and other religious left leaders. Wallis also adds that “When politicians present their budgets, they are really presenting their priorities.” There is perhaps no better example of a spending bill lacking moral soundness than the current stimulus package being debated in the U.S. Senate.

In my commentary this week, “The Moral Bankruptcy Behind the Bailouts,” I offer clear reasons how spending more does not equate to morality, but quite the opposite in this case.

In fact, among many believers it seems that Christian thrift is lost as a value altogether. We forget how important financial responsibility and thrift was to the entire Christian tradition as important evidence of outward faith and devotion. Jordan Ballor offers some great words in his own commentary last year titled “The Fourth Pillar of the New Economy: Spend all you can:”

The eighteenth-century theologian and pastor John Wesley once preached that we should “earn all you can, save all you can, and give all you can.” Productivity, frugality, and generosity are the core moral virtues that have animated prosperous and free economies in the West for centuries. But now the federal government seemingly wants to add a fourth and conflicting principle to these traditional values: “Spend all you can.”

As for Jim Wallis, not surprisingly he enthusiastically supports the stimulus package, and because of the enormous stakes involved for future generations, this shows a lack of moral judgment and courage on his part. It may also be that Wallis is hesitant to pull his support for this $1 trillion spending bill because he is afraid to go against a President that reminds him of the Prophet Nehemiah.