Capitalism and the Gospel of Love

By |2019-07-10T23:21:40-05:00August 14th, 2018|Categories: Adam Smith, American Republic, Capitalism, Economics, Free Markets, George Stanciu, Love, Modernity|

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… My parents, Romanian gypsies, born in a Transylvanian village and raised in [...]

Distributism vs. Free Market Globalism

By |2018-07-29T23:19:41-05:00July 29th, 2018|Categories: Capitalism, Distributism, Economics, Free Markets, Joseph Pearce|

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 alternative to the cult of bigness in [...]

Pope Francis and the Caring Society

By |2018-02-17T21:57:13-06:00February 17th, 2018|Categories: Books, Capitalism, Catholicism, Christianity, Dwight Longenecker, Economics, Pope Francis|

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 by Robert M. Whaples (256 pages, Independent Institute, 2017) It is [...]

A Thinker You Should Know: Wilhelm Röpke

By |2020-10-09T15:13:44-05:00February 3rd, 2018|Categories: Books, Capitalism, Conservatism, Economics, History, Wilhelm Roepke|

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, Wilhelm Röpke would become one of the most distinguished economists of his age. Acknowledged as a worthy peer [...]

Is the United States a Banana Republic?

By |2019-08-15T14:32:01-05:00January 21st, 2018|Categories: Capitalism, Culture, Democracy, Economics, Featured, George Stanciu, History, Politics, St. John's College|

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 the middle class… After a disastrous defeat [...]

A Disaster Has No Benefits

By |2017-09-15T10:07:06-05:00September 14th, 2017|Categories: Capitalism, Economics, Free Markets, Government|

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 southern U.S., estimates have already come in as to the cost of the storm. According to AccuWeather, Harvey is expected [...]

What Is Capitalism and Where Did It Start?

By |2019-10-30T10:47:01-05:00August 5th, 2017|Categories: Capitalism, Economic History, Economics, England, G.K. Chesterton, Joseph Pearce|

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 for The Imaginative Conservative, I claimed that capitalism had its origins in England. I had expected such a sweeping statement to [...]

The Blessings of Capitalism

By |2020-01-02T15:09:59-06:00June 2nd, 2017|Categories: Aristotle, Brian Domitrovic, Capitalism, Democracy, Economics, Science, Technology, Virtue|

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 illusion… Around the year 1885, the American [...]

Is Capitalism the Enemy of the Family?

By |2017-04-03T23:04:41-05:00April 3rd, 2017|Categories: Capitalism, Civilization, Economics, Family|

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 he has demonstrated over the years as former President of the Howard Center for Family, Religion, and Society and author of books such [...]

What Is Economics?

By |2019-02-05T16:16:48-06:00March 2nd, 2017|Categories: Adam Smith, Capitalism, Christianity, Economics, Humanities, Joseph Pearce|

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 of capitalism prompted an intriguing comment from a usually eloquent interlocutor, who wondered how those who “have no economic training… think [...]

What Is Capitalism?

By |2017-03-01T16:48:51-06:00February 17th, 2017|Categories: C.S. Lewis, Capitalism, G.K. Chesterton, Hilaire Belloc, Joseph Pearce|

“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 value they must have definite and definable meanings. If too many meanings are ascribed to a single word, the [...]

How Modernity Diminishes the Human Person

By |2019-11-26T12:14:49-06:00January 29th, 2017|Categories: Adam Smith, Alexis de Tocqueville, Apple, Capitalism, Community, Democracy, Democracy in America, Featured, George Stanciu, St. John's College, Technology|

Because of the strong secular faith instilled in us by education, most of us trust that science and technology, democracy, and capitalism, the three legs of Modernity, can bring about only good ends and fail to see that these three triumphs of humankind can diminish the human person… With the publication of the book [...]

Will the Wicked Be Punished?

By |2019-07-10T23:23:39-05:00January 15th, 2017|Categories: Aristotle, Capitalism, Christianity, Civil Society, George Stanciu, Justice, Morality, St. John's College|

To shun wickedness, to care for our souls, and to love one another without looking for rewards, if followed by all, would turn injustice, now a constant companion of human life, into a stranger… In his 2005 masterpiece, Match Point, Woody Allen explores moral failing in a universe governed by chance, or what the protagonist [...]

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