Posts tagged with: morality

Blog author: dpahman
Friday, February 24, 2012

Beroud, Louis (1852–1930) Central Dome of the World Fair in Paris 1889

The newest edition of the Journal of Markets & Morality is now available online to subscribers.

This issue of the journal (14.2) is actually a theme issue on Modern Christian Social Thought. Accordingly, all ten articles engage the history and substance of various approaches to Modern Christian Social Thought, with special emphasis on the Reformed and Roman Catholic traditions.

There is also another installment of our Controversy section, featuring a three-way debate over the question, “Does Libertarianism Tempt Some Catholics to Stray from Catholic Social Thought?”

As always we have another thorough collection of first-rate book reviews from top scholars and experts in the fields of theology, ethics, and economics.

Lastly, our Status Quaestionis section includes two works from the nineteenth century which have never before been translated into English: “Critical Analysis of the First Concepts of Social Economy” (1857) by Luigi Taparelli, SJ and “Christ and the Needy” (1895) by Dutch theologian and statesman Abraham Kuyper. All in all, it may possibly be our largest issue yet.

On National Review Online, Acton Research Director Samuel Gregg reacts to musings by conservative writers David Brooks and Michael Gerson about Rick Santorum’s political rise in the GOP primaries and how his social views might be expressed in government policy. Would a President Santorum usher in a smaller but more “transformational” role for the state in addressing social ills? Gregg:

On the one hand, self-described compassionate conservatives understand there is no such thing as morally neutral laws or morally indifferent government policies. At some level (even quite remote), all laws and policies embody some type of moral logic (which is either coherent or incoherent). Thus they cannot help but shape — for better and worse — a society’s moral culture. That’s just one reason among many why the legal treatment of issues like abortion, euthanasia, pornography, and marriage matters, and why they can’t, as some libertarians claim, be simply relegated to the private sphere.

At the same time, it seems to me that many compassionate conservatives don’t fully appreciate the moral, social, and legal urgency of reducing the state’s size and reach, instead of primarily focusing upon streamlining government’s role.

Read Samuel Gregg’s “The Problem with Compassionate Conservatism” on NRO.

Wang Yue

On The American Spectator, Acton Research Director Samuel Gregg looks at the death of Wang Yue, a Chinese toddler run over — twice — in a public market while passersby continued on their way.


Accidents happen. But what made little Wang Yue’s death a matter for intense public discussion was the fact that nearly 20 people simply walked by and ignored her plight as she lay bleeding in the gutter.

What, hundreds of Chinese websites, newspapers and even state media outlets are asking, does this say about Chinese society? Have Chinese people lost all sense of concern for others in the midst of the scramble for wealth unleashed by China’s long march away from economic collectivism? One local official summarized the collective angst by stating: “We should look into the ugliness in ourselves with a dagger of conscience and bite the soul-searching bullet.”

Gregg points to widespread business-government corruption as a major contributor to China’s moral crisis:

The problem, from the perspective of China’s party-government-military elites, is such soul-searching may lead increasing numbers of Chinese to conclude that the circumstances surrounding Wang Yue’s death are symptomatic of deeper public morality problems confronting China, some of which could significantly impede its economic development.

One such challenge is widespread corruption. By definition, corruption doesn’t easily lend itself to close study. Its perpetrators are rarely interested in anyone studying their activities. Few question, however, that there’s a high correlation between corruption and widespread and direct government involvement in the economy. The more regulations and “state-business” partnerships you have (and China has millions of the former and thousands of the latter), the greater the opportunities for government cadres to extract their personal pound of flesh as the price of doing business.

Read “China’s Morally Hollow Economy” on the website of The American Spectator.

Roger Scruton has written an excellent piece on the moral basis of free markets; it’s up at MercatorNet. He begins with the Islamic proscriptions of interest charged, insurance, and other trade in unreal things:

Of course, an economy without interest, insurance, limited liability or the trade in debts would be a very different thing from the world economy today. It would be slow-moving, restricted, and comparatively impoverished. But that’s not the point: the economy proposed by the Prophet was not justified on economic grounds, but on moral grounds, as an economy of righteous conduct.

Our long-term economic malaise may mystify world leaders, but Scruton sees its causes clearly: ways intended to speed economic development have become ways to acquire luxuries without payment; we have confused trade in debts with others’ assumption of our debts. This moral confusion is as much to be found in governments as it is in private markets, because the incentives are exactly the same — anyone who denies it is lying.

If you borrow money you are obliged to repay it. And you should repay it by earning the sum required, and not by borrowing again, and then again, and then again. For some reason, when it comes to the state and its clients, those elementary moral truths are forgotten.

Scruton concludes that morality is inescapable — though we may delay it, judgment will come.

The moral sense emerged in human beings precisely because it has proved to be, in the long run, for their advantage. It is the thing that puts a brake on reckless behaviour, which returns the cost of mistakes to the one who makes them, and which expels cheating from the fold. It hurts to be punished, and states that act wrongly naturally try to avoid the punishment. And since they can pass on their hurt so easily to the rest of us, we turn a blind eye to their behaviour. But I cannot help thinking that the result is at best only a short term economic advantage, and that the long term costs will be all the greater. For what we are seeing, in both Europe andAmerica, is a demoralisation of the economic life. Debts are no longer regarded as obligations to be met, but as assets to be traded. And the cost of them is being passed to future generations, in other words to our children, to whom we owe protection and who will rightly despise us for stealing what is theirs.

Read the full text here.

Rev. Sirico was interviewed by Kathryn Jean Lopez of National Review Online on the national debt of the United States, the debt ceiling, and the moral issues of the budget debate. Their discussion spanned from how a prudent, discerning legislator should look at the debt-ceiling debate to the mind set needed when considering spending cuts:

LOPEZ: So many spending cuts can be spun, some perhaps legitimately so, as mean (and liberal policymakers and activists — many with the best of intentions — are all too happy to spin them). How should we be thinking of such things? Does it require a change in thinking?

SIRICO: The question should be right-or-wrong, prudent-or-imprudent, not mean-or-nice. Religious leaders bring their principles into the political debate, but the application of those principles is a prudential question, not an emotional one. It’s also an opportunity for us to reflect upon what governments really need to do, and what is more appropriately done by non-state entities — and I’m not talking about the ones (such as many religiously associated charities and relief agencies) that receive the bulk of their funding from various federal-government contracts.

Yes, a change of thinking is required. If cuts are to be made, then Americans cannot operate under the mentality that “it is acceptable to cut government programs as long as it isn’t government programs that I benefit from.” The core problem is that few are eager to take the pain now. If we don’t, the pain will be much more unbearable down the road. Consider how we got into this situation in the first place.

In the end, reining in spending will protect programs that aid those truly in need, and provide the space for non-state and non-government-funded agencies to undertake much-needed work — that is, to secure the entire infrastructure that makes prosperity possible. That not only creates the grounds for economic flourishing, but preserves human dignity.

Click here to read the full interview.

The Blauwpoort in Leiden in the winter.The newest edition of the Journal of Markets & Morality is now available online to subscribers.

This issue of the journal features a Scholia translation of selections from On the Observation of the Mosaic Polity by Franciscus Junius (1545-1602), the Huguenot, Reformed, scholastic theologian (a Latin version of Junius’ original treatise is available for download at Google Books, along with a host of his other works). Best known as a professor of theology at Leiden University from 1592–1602, Junius authored this treatise in order to address rising challenges in the young Dutch Republic. In his translator’s introduction, Todd Rester summarizes the Republic’s concern, “[I]f Scripture alone is the authority in the Church for faith and morals… how does it apply in the realm of the Christian State?” Junius’ careful and sober analysis of the various kinds of law and each law’s proper sphere of application transcends his time and context, standing as a significant reference for anyone who may seek to address the question, “What relation is there between the Law of Moses and the Law of the State?” Furthermore, the interdisciplinary character and depth of the work serve as an example of the fluidity and overlap of often-perceived contradictory disciplines and methods of the time, such as humanism and scholasticism, theology and law. Thus, for the student of political philosophy and historical theology alike, On the Observation of the Mosaic Polity stands as an excellent resource for the study of the engagement between historic, Christian faith and the rule of law.

In addition to our standard fare of articles and book reviews, this issue marks the introduction of the Journal of Markets & Morality’s first publication of the symposium of the Theology of Work Consultation of the Evangelical Theological Society, which will appear serially in the spring issue. It is our conviction that this will serve as a helpful forum for an integrated perspective on stewardship, work, and economics for both business and ministry leaders.

Given the journal’s ongoing policy of distinguishing between current issues (the two latest issues) and archived issues (which are freely available), this means that issue 13.1 is now fully and freely available to the public.

For access to the two current issues, including the newly-released 14.1, I encourage you to consider subscribing as an individual as well as recommend that your institution subscribe to the Journal of Markets & Morality.

Black men and women in America are faced with many problems. Only 47 percent of black males graduate from high school on time compared to 78 percent for white males. In America between 1970 and 2001, the overall marriage rate declined by 17 percent; but for blacks, it fell by 34 percent. These are just a few of the many daunting statistics.

These are problems that make can make even the strongest person tired.

Often we look to government to solve our problems, and it has been the government who has falsely been the “beacon of hope” for black men and women. Instead, government has been keeping generations of those suffering addicted to social services. I call for wedding good intentions with sound economic principles. More money has been doled out, but it is hasn’t fixed any of the problems. Throwing cash at broken systems do not fix the systems. Black men and women face moral problems, but money can not solve moral problems; moral problems require moral solutions.

In my new book, Black and Tired: Essays on Race, Politics, Culture, and International Development, I provide the moral solutions to these problems by connecting theology and economics through a Christian perspective of loving the poor. In these essays, drawn from my years of work with and writing for the Acton Institute, I tackle issues of race, politics, contemporary culture, globalization, and education, and argue how moral formation, rather than government intervention, provide the solutions to these issues.

Marvin Olasky, Acton senior fellow and Editor-in-chief of WORLD, was kind enough to endorse the book: “Dr. Thomas Sowell, black and eighty years old, displays no signs of tiredness in writing columns–but when he does, Anthony Bradley shows in Black and Tired why he should be Sowell’s successor. Dr. Bradley trumps liberal opponents with facts and wit, and does so within a Christian worldview that allows him to go deeper than conventional economics allows.”