Acton Institute Powerblog Archives

Post Tagged 'socialism'

Are Christianity and Communism mutually exclusive?

Did Pope Francis just publicly endorse Communism? Recent comments have prompted many to suggest he has. During an interview with Eugenio Scalfari, they had the following exchange: [Scalfari:] You told me some time ago that the precept, “Love your neighbour as thyself” had to change, given the dark times that we are going through, and become “more than thyself.” Continue Reading...

Why not socialism?

“In spite of socialism’s sorry track record, millions of well-meaning people think it’s a virtual synonym for compassion,” says Lawrence Reed. “But socialists themselves are constantly retreating from their own handiwork. Continue Reading...

Capitalism, cronyism, and socialism

“Having a heart for the poor isn’t hard. Having a mind for the poor…that’s the challenge.” –Poverty, Inc. This quote from the documentary Poverty, Inc. highlights the reason why so many people are willing to give their money to foreign aid, without necessarily understanding its harmful effects.  Continue Reading...

Audio: Samuel Gregg on the Limits of Social Democracy

Samuel Gregg, Director of Research at the Acton Institute and author of For God And Profit: How Banking and Finance Can Serve the Common Good, joins host Drew Mariani on Relevant Radio’s The Drew Mariani Show to discuss the recent failed referendum in Switzerland that would have provided a guaranteed basic income to all citizens, and how that vote reflects the limitations of social democracy. Continue Reading...

What Would Life Be Like Without Capitalism?

In an era where socialism is (inexplicably) once again in vogue, we should ask, “What would life be like in a world without capitalism?” The Fund for American Studies has produced a superb It’s a Wonderful Life-style video that not only shows what life would be like if we banned free enterprise (i.e., Continue Reading...