globalization – Page 2 – Acton Institute PowerBlog

November 16, 2016

Rev. Robert A. Sirico: Pope Francis and the condemnation of money

The following article is the Acton Institute’s English translation from the Italian “Il Papa e la condanna dei soldi. Parla Padre Robert Sirico” written by Matteo Matzuzzi and published in the Rome-based daily Il Foglio on November 8. Continue Reading...

August 10, 2016

Trump: ‘They have to work, too’

Today at The Stream I provide some analysis of Donald Trump’s speech earlier this week at the Detroit Economic Club. As I conclude, “The trouble for Trump’s promised future lies in the impossibility of reclaiming a bygone era.” In Trump’s campaign there is a mix of both nostalgia and optimism, which bookend serious critiques of America’s more recent past and the legacy of his political opponents in particular. Continue Reading...

August 08, 2016

Globalization, Brexit, and virtue in the world of finance

In a recent interview with MercatorNet, Samuel Gregg explains why the integration of markets is not in itself a bad thing. Gregg starts out by explaining why Brexit does not contradict economic globalization, but why it is actually beneficial to the global economy. Continue Reading...

August 03, 2016

What Eric Whitacre’s ‘virtual choir’ teaches us about globalization and community

The rise of globalization and the expansion of trade are continuously decried for their disruptive effects, particularly as they apply to “authentic community.” Indeed, our strides in global connectedness have often come at a local cost, with the small and familiar being routinely replaced by the big and blurry, the intimate with the superficial, and so on. Continue Reading...

June 22, 2016

McDonald’s as Social Enterprise: Capitalism’s Community Center?

We live, work, and consume within an increasingly grand, globalized economy. Yet standing amidst its many fruits and blessings, we move about our lives giving little thought to why we’re working, who we’re serving, and how exactly our needs are being met. Continue Reading...

March 23, 2016

Work Is Not About You: How Theology Can Save Us from Trade Protectionism

It’s become rather predictable to hear progressives promote protectionist rhetoric on trade and globalization. What’s surprising is when it spills from the lips of the leading Republican candidate. Donald Trump has made opposition to free trade a hallmark of his campaign, a hole that his competitors have been slow to exploit. Continue Reading...

December 10, 2015

The 6 Elves of Capitalism

In “The Elves and the Shoemaker,” the famous fairy tale by the Brothers Grimm, a cobbler and his wife struggle to survive, barely making enough to eat (never mind investing in the future of their business). Continue Reading...

October 30, 2015

Front Porch Economy: The Power of Simplicity

The global economy is ever-growing in its complexity and interconnectedness, leading to a range of positive and transformative effects. Yet even as this web of human relationships expands and intensifies, many of the latest innovations are prodding us back to the simple and personal. Continue Reading...

October 07, 2015

In the Quest for Globalization, Let’s Not Forget About ‘Internal’ Free Trade

“Globalization must do more than connect elites and big businesses that have the legal means to expand their markets, create capital, and increase their wealth.” –Hernando de Soto When assessing the causes of the recent boom in global prosperity, economists and analysts will point much of their praise to the power of free trade and globalization, and rightly so. Continue Reading...

September 30, 2015

How ‘Buy-One, Give-One’ Models Can Dilute Charity and Hurt Local Economies

The highly popular “buy-one, give-one” models — as epitomized by the popular TOMS Shoes brand — have long held the attention of Western do-gooders. It’s quick, it’s easy, and hey, people like the shoes. Continue Reading...

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