Acton Institute Powerblog Archives

Post Tagged 'capitalism'

Audio: Sirico on Poverty, Pope Francis & Obamacare in Baton Rouge, Louisiana

This morning, Acton Institute President Rev. Robert A. Sirico took some time away from his preparations for Acton University to speak with Jim Engster, host of The Jim Engster Show on WRKF radio in Baton Rouge, Louisiana, discussing how to address the issue of poverty in society, and the approach taken by Pope Francis and the church in general to that and other issues. Continue Reading...

A Cultural Case for Capitalism: Part 1 of 12

The West has made some remarkable steps forward culturally in the past several generations, as, for instance, in the areas of civil rights (the unborn being a notable exception), race relations, and cooperation among Christians of different traditions. Continue Reading...

Jonathan Witt on the Failure of ‘Social Business’

Jonathan Witt, research fellow at Acton, recently wrote a piece at The Federalist about “social business.” He argues that it might do more good to own and operate an ethical business that follows through on its contracts and “respects the dignity of employees and customers,” rather than trying to have a “social business.” Continue Reading...

How the Profit Motive Helps the Environment

On this Earth Day, says Pierre Desrochers, we should spare a thought for the profit motive, an unheralded but long-standing champion of the environment. “The search for increased profitability,” ntoes Desrochers, “has long delivered both economic and environmental improvements by promoting the evermore efficient use of material resources.” Continue Reading...

Marx Redivivus?

Ross Douthat (a scheduled plenary speaker at this year’s Acton University) has a noteworthy piece this week about the revival of sorts of Karl Marx: “Marxist ideas are having an intellectual moment, and attention must be paid.” Continue Reading...

Crony Capitalism’s Favorite Trick

Many who reject capitalism in favor of some “third way” do so because they often mistake it for government-corporate cronyism, says Jonathan Witt in this week’s Acton Commentary. But in countries that have begun extending true economic freedom to the masses, capitalist activity has already lifted hundreds of millions of people out of extreme poverty. Continue Reading...