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Capitalism

The Robber Barons
2 2559

Capitalism Worked, But We Were Told It Didn't We study history to learn from it. If we can discover what worked and what didn’t work, we can use this knowledge wisely to create...
0 601

Romanticizing and moralistic contempt of the economy, including contempt of the impulses which move the market economy and the institutions which support it, must be as far from our minds as economism, materialism, and utilitarianism... Editor's Note: The following excerpt comes from Wilhelm Röpke's excellent book, 
5 1365

In The Wealth of Nations, Adam Smith was absolutely right: The widespread division of labor would cause the interior life to die; an unsurprising result, for under capitalism, the human person became a commodity, a resource, a thing used to further profits…
3 3882

The whole notion of a global problem requiring a global solution is rooted in a false logic. Effectively it is saying that because bigness causes problems we need even more bigness to solve them. Distributism as a derivative of the principle of subsidiarity offers the only real...
4 2078

A critique of American materialism is extraordinarily challenging, as it is cloaked in a heresy that is subtle, smooth, and sweet. The problem is that the Pope is not really up to such a challenging challenge... Pope Francis and the Caring Society edited...
1 2552

Wilhelm Röpke infused his detailed analyses of modernity with a sensitive respect for the values of tradition and religious faith and their critical importance in building social and economic order... Born in 1899 in Schwarmstedt, Germany,...
3 2568

In the modern world of American politics, special-interest money is displacing voters. Wealth is highly concentrated in a few hands, with corporations wielding enormous power. More and more families patch together two or more paychecks to meet the widening income, healthcare, and pension gaps that are threatening...
0 843

Destruction is always a net negative. Whether it’s a hurricane, tornado or earthquake or even a war, there is no silver lining in destroying capital... As Hurricane Harvey, now tropical storm Harvey, makes its way across the...
pearce
7 4852

Trade has always existed, and rich merchants have always been a part of the economic and political picture, but merchants have not always been the rulers, as they are today... In a recent essay...
0 1591

Capitalism offers us outstanding new ways to be good. As a civilization, we should concentrate on taking advantage of these remarkable opportunities rather than entertaining idle suggestions, born of intellectual confusion if not sloth and envy, that the great boon of capitalistic plenty is undesirable or an...
2 2168

Does capitalism—in its need for efficient, low-paying, and universal labor—have a vested interest in family weakness?... Independent Institute Research Fellow Allan C. Carlson is probably America’s top intellectually-serious social conservative thinker, as...
10 2812

Economics is not a stand-alone science, as disciples of the Enlightenment claim, but a branch of philosophy. In short, economics is one of the liberal arts... My recent essay seeking an adequate definition...
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“Capitalism” needs to be pinned down by definition; it needs to be circumscribed so that it doesn’t lead us off in increasingly meaningless and therefore futile lines of reasoning... If words are to have any...
4 3170

True educational reform must re-establish the secondary school as a place for broad learning, vocational training as a highly respected route to respectable work, and college as a place for higher learning...   The call for college to...