Acton Institute Powerblog Archives

Post Tagged 'Working poor'

Michael Novak: ‘Capitalism is Lifting the World out of Poverty’

Philosopher and theologian, Michael Novak recently delivered a speech at the Catholic University of America on the vocation of business and Forbes published the transcript. Novak argues that “capitalism is lifting the world out of poverty.” As many Asian and African economies shift from socialist to capitalist, they are seeing enormous economic growth, and small businesses are the force behind these economic gains: Even in developed nations, most jobs are found in small business. Continue Reading...

Protect the Poor, Not Poverty Programs

My contribution to today’s Acton News & Commentary. Sign up for the free weekly Acton email newsletter here. Protect the Poor, Not Poverty Programs By John Couretas One of the disturbing aspects of the liberal/progressive faith campaign known as the Circle of Protection is that its organizers have such little regard – indeed are blind to — the innate freedom of the human person. Continue Reading...