Posts tagged with: Values and Capitalism

Joseph Sunde
posted by on Thursday, February 7, 2013

Nation-of-takersJordan Ballor recently reviewed Nicholas Eberstadt’s A Nation of Takers: America’s Entitlement Epidemic, pointing out in some additional commentary that when “government is contiguous with society…perhaps our conceptions of ‘making’ and ‘taking’ need some re-examination.” Today, he connects some more dots, including a helpful reference to Herman Bavinck.

In my own review of the book at Values & Capitalism, I offer a similar response, focusing particularly on William Galston’s critique of Eberstadt, which is included in the book itself. Whereas Eberstadt can be overly dichotomous in his categorizing, Galston gives way to a blurrying impulse.

Galston’s primary critique of Eberstadt’s maker-taker paradigm is that his emphasis on “dependency” is over-hyped and undeserved. “The moral heart of this fiscal challenge is not dependence,” Galston writes, “but rather a dangerous combination of self-interest, myopia, and denial.” For Galston, dependency is a natural and healthy part of any society. Thus, as long as all the giving and taking balances out, who cares about the particular channels of exchange?

As I summarize in my review:

For Galston, the steep climb toward increasing entitlements is only a dangerous hike if we fail to tax the citizenry accordingly. While Eberstadt emphasizes that there is more to this lopsided situation than mere lopsidedeness, Galston struggles to understand why “dependence” and “entitlement” are features to be avoided in and of themselves, pointing out that planning for long-term security through a giant bureaucracy is no different than putting one’s life savings in a retirement annuity. “I do not see why transferring this case to the public sector makes a moral difference,” he writes.

If this rash conflation of distinct social and institutional orders weren’t enough, Galston goes further, comparing dependence on the state to the safety and security of the family. “We are in no way troubled when children depend on their parents,” Galston points out. “That’s the way it’s supposed to be … As long as we contribute our share, taking is morally unproblematic. We can be a nation of takers, as long as we are a nation of givers as well.”

Father/daughter = Obama/serf?

Potato potahtoe, tomato tomahtoe. Read more on Not All Exchange Is Created Equal…

RJ Moeller of “Values and Capitalism,” an American Enterprise Institute initiative, recently hosted two Acton Institute staffers on his podcast, The RJ Moeller Show. First, president and co-founder kicks off the segment with a self-introduction and a discussion of his new book Defending the Free Market: The Moral Case for a Free Economy. Later, Acton Research Fellow Jordan Ballor closes out the segment with a testimony to his own work and that of the Acton Institute. The segment can be heard in the player below:

Read more on Rev. Robert Sirico and Jordan Ballor on The RJ Moeller Show…

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