Capitalism

Could democratic government solve, or even effectively address, the problems of a modern society? For decades, this question vexed Progressive reformers as they navigated the transformation of the United States from a country of small farms...
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Speaking personally, I’d rather discuss many things during this joyful season of Advent than “capitalism.” And yet Matthew Summers’ recent essay “In Defense of Capitalism” for The Imaginative Conservative has prompted me to comment on the...
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I found Matthew Summers' critique of my essay "Capitalism and the Gospel of Love" illuminating in the sense that two serious thinkers can look at the same phenomenon from completely different viewpoints. He seeks to show that...
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The term capitalism has long been used by critics as a catch-all to denote a system replete with greed, indulgence, excess, and deprivation. It is easy to misinterpret self-interest as selfishness and write off capitalism and economics. But the truth of the matter is much more complicated...
The Robber Barons
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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...
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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, 
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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…
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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...
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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...
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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,...
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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...
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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
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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...
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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...