socialism

March 10, 2015

No, Socialism Wouldn’t Succeed ‘If Only Men Were Angels’

When arguing about the merits of a free economy, its defenders often give way to a peculiar line of reasoning that goes something like this: “Socialism would be wonderful if it actually worked, and it could actually work if only men were angels.” Continue Reading...

January 26, 2015

Greeks Lurch Left

It gets really interesting now in the wake of Syriza’s stunning victory in yesterday’s Greek elections, widely interpreted as a populist rejection of austerity programs that could spread to other indebted European Union basket cases. Continue Reading...

January 05, 2015

‘There’s Nothing Better Than Having Something Of Your Own’

Remember when you bought that first thing – a car, maybe – with your own first income? Remember the feeling of pride it gave you? You’d scrubbed pots and pans in the diner kitchen all summer. Continue Reading...

December 18, 2014

Explainer: What Just Happened With Cuba?

What just happened with Cuba? Yesterday, President Obama announced that, “the United States of America is changing its relationship with the people of Cuba.” He instructed Secretary Kerry to immediately begin discussions with Cuba to reestablish diplomatic relations that have been severed since 1961. Continue Reading...

July 15, 2014

Samuel Gregg: What Catholic Social Teaching Doesn’t Know

In the latest edition of First Things, Acton’s Director of Research Sam Gregg discusses how adherence to Catholic social teaching does not require a limited economic viewpoint. In fact, such a limited vision, or blindness as Gregg states in the article’s title, is what holds back development in many parts of the world. Continue Reading...

June 25, 2014

A Cultural Case for Capitalism: Part 8 of 12 — Capitalism and Cronyism Confused

[Part 1 is here.] In his case against capitalism, Wendell Berry argues that the average person not only is anxious because he depends upon so many other people for his wellbeing (truckers, utility companies, etc.) Continue Reading...

June 23, 2014

A Cultural Case for Capitalism: Part 6 of 12 — The Distributist Alternative

Part 1 is here.] An economically free society doesn’t have to be hyper-utilitarian, materialistic and banal; and yet, here we are, living in a capitalist age marked by these very features. Continue Reading...

June 17, 2014

A Cultural Case for Capitalism: Part 4 of 12 — The Crunchy Con Critique

[Part 1 is here.] The free economy frees entrepreneurs to create new wealth for themselves and others, which brings us to the issue of consumption. In his book Crunchy Cons, conservative author Rod Dreher describes consumerism this way: “Consumerism fetishizes individual choice, and sees its expansion as unambiguous progress. Continue Reading...

June 16, 2014

A Cultural Case for Capitalism: Part 3 of 12 — What Economic Freedom Is and Isn’t

[Part 1 is here.] Even a cursory look at the annual list of the freest and least free economies in the world suggests a strong correlation between economic freedom and the prosperity of its citizens, including its poorest citizens. Continue Reading...

June 13, 2014

A Cultural Case for Capitalism: Part 1 of 12

The West has made some remarkable steps forward culturally in the past several generations, as, for instance, in the areas of civil rights (the unborn being a notable exception), race relations, and cooperation among Christians of different traditions. Continue Reading...

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