capitalism – Page 4 – Religion & Liberty Online

January 19, 2017

Samuel Gregg on Pope Francis and radical capitalism

In a recent speech delivered to a gathering of the Roman round table of The Global Foundation at the Vatican, Pope Francis addressed economics. Specifically, he suggested that a capitalist ideology which is unconcerned about the marginalized has run rampant across the world. Continue Reading...

January 12, 2017

How free trade fosters a creative, collaborative world

In their defenses of free trade, advocates routinely focus only on the long-term, economic benefits, and understandably so. The overall expansion of trade in recent years has led to greater economic growth, innovation, and prosperity for all, including America. Continue Reading...

January 05, 2017

Does globalization destroy culture?

Globalization is routinely decried for its disruptive effects, particularly as it relates to local culture and community enterprises and institutions. Even as it’s proven to drive significant economic growth, questions remain about its steamrolling influence on the culture. Continue Reading...

December 28, 2016

5 victims of the $15 minimum wage

As protests for a $15-per-hour minimum wage continue to rage across the country, cities like Seattle and states like California and New York have already begun to adopt such schemes. Continue Reading...

December 13, 2016

Cuba’s pioneers of capitalism: Marcus Lemonis goes to Havana

Although the Cuban people continue to suffer and struggle under the weight of communist rule, many have been encouraged by even the slightest of Raul Castro’s incremental changes toward private businesses. Continue Reading...

November 28, 2016

Samuel Gregg: Economic nationalism will not make America great

In a new article at The Stream, Acton Director of Research Samuel Gregg offers good reasons why a move toward economic nationalism is not in the best interest of America. He starts with this: Whatever the motivations for such policies, their costs vastly outweigh their benefits. Continue Reading...

November 15, 2016

Edmund Burke on economic freedom and the path to flourishing

Advocates of economic freedom have a peculiar habit of only promoting the merits of the free markets as they relate to innovation, poverty alleviation, and economic transformation. In response, critics are quick to lament a range of “disruptive” side effects, whether on local communities or human well-being. Continue Reading...

October 10, 2016

Why the ‘free market’ economy should be called the ‘initiative-centered’ economy

The term “free market” doesn’t really capture the essence of the economic system that produces prosperity, says Michael Novak. The secret that “liberated more than a half billion of their citizens from poverty” was not mere freedom but private ownership and personal initiative. Continue Reading...

September 26, 2016

What WALL-E and Wilhelm Röpke teach us about work and economics

Humans have a tendency to daydream about a day or a place where work is no more, whether it be a retirement home on a golf course or a utopian society filled with leisure and merriment. Continue Reading...

September 22, 2016

Is there something inherently evil about Capitalism?

What is the role that Christians play in business and the marketplace? A recent episode of Equipped with Chris Brooks, titled “Is Capitalism bad business?” wrestles with that question and more. Continue Reading...

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