Acton Institute Powerblog Archives

Post Tagged 'capitalism'

The Economic Blame Game

Yesterday’s Grand Rapids Press had an attention-grabbing feature graphic, which highlights an online interactive “game” that gives more information about each of the candidates for the “economic blame game” bracket. Press Graphic/Milt Klingensmith The four brackets are broken down by group, so the four major categories at fault are 1) the financial industry; 2) consumers; 3) government; and 4) inexplicable forces. Continue Reading...

Is this capitalism?

Is this supposed to be capitalism? Geoff Colvin writes that a motivating factor in the recent crash in corporate profits, as well as the sharp decline in home values, was the phenomenon that “people began to believe that the more they borrowed, the better off they would be. Continue Reading...

Oh, what might have been!

From a review in the New Yorker magazine (HT) of David Levering Lewis, God’s Crucible: Islam and the Making of Europe, 570 to 1215, in which the author clearly regrets that the Arabs did not go on to conquer the rest of Europe. Continue Reading...

‘Vertical’ politics

Related to John’s post about “natural” capitalism (and as I previously promised in the context of the “new” evangelicalism), I’d like to point to this summary of the contemporary situation from Alasdair MacIntyre’s After Virtue, speaking of a left/right political divide: This bifurcation is itself an important clue to the central characteristics of modern societies and one which may enable us to avoid being deceived by their own internal political debates. Continue Reading...
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