Alexandria Ocasio-Cortez’s crass Marxist materialism

During a Martin Luther King Day discussion with the writer Ta-Nehisi Coates, Representative Alexandria Ocasio-Cortez, D-N.Y., made clear that she is not just a democratic socialist but a Marxian one. Evie Fordham of Fox Business has written a helpful summary of the remarks, including Ocasio-Cortez’s concise explanation of the Marxist theory of the exploitation of labor: “No one ever makes a billion dollars. Continue Reading...

Christmas consumerism: Spending for the glory of God?

The Christmas shopping season is well underway—and with it, a peculiar blend of hyper-generosity and hyper-consumerism. Indeed, while many celebrate the social and spiritual glories of gift-giving and merriment, others are quick to warn about the steady creep of materialism and self-indulgence. Continue Reading...

Alejandro Chafuen in Forbes: State-owned enterprises and trade

Alejandro Chafuen, Acton’s Managing Director, International, published a piece in Forbes yesterday on the place of state-owned enterprises in international trade. The question also extends to industries that, even if not owned by the state, are significantly influenced by government interests, regulation, and so on. Continue Reading...