Capitalism

Is anarcho-capitalism a “third way” to think about politics, economics, and social policy?

"I asked Dr. Murphy to explain some basic arguments for anarcho-capitalism, the extent of American distrust in the current two-party system, and the current state and strategy of the libertarian movement." - Acton

439 reads

Review: ‘Religion and the Rise of Capitalism’ by Benjamin M. Friedman

"Smith’s big idea was that in the context of competitive markets, the pursuit of self-interest not only could but would lead to benefits for everybody else . . . . Friedman argues that Smith’s insight and the public reception were possible because of society’s move away from 'predestinarian orthodox Calvinism.'" - TGC

363 reads

Economics for Church Leaders: Why the Price System Is One of God’s Artworks

"As with most good gifts given by God to humans, we are able to corrupt it and use it in ways that harm our neighbors. Yet for the most part, the price system is an ingenious method of communication that has been used to improve the human condition." - TGC

1279 reads

Why capitalism is worth conserving (and its new populist critics on the right are wrong)

"Whether the critiques come from politicians like Josh Hawley or pundits like Tucker Carlson, free-market conservatives are increasingly scolded for being overly committed to economic freedom. To no surprise, the Left continues its own critiques as it always has, spurring a strange, unspoken alliance among otherwise ideological foes." - Acton

7961 reads

The fallacy of capitalism’s ‘race to the bottom’

"The Biden administration proposes a global minimum tax on corporations to end the 'global race to the bottom.' Leaving aside the wisdom of letting France tax U.S.-based corporations, this phrase recalls one of the regnant canards of our time: Capitalism inevitably lowers living standards and grinds people down into poverty." - Acton

463 reads

J.D. Vance Shows How the Populist Right Adopted the Logic of 'You Didn't Build That'

"It matters that Google is a private company because the rights it enjoys as a private entity are the same ones that protect all of us from aspiring authoritarians, regardless of from which side of the aisle they emanate. Eroding these rights for some weakens them for all." - Dispatch

459 reads

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