Acton Institute Powerblog Archives

Post Tagged 'capitalism'

December 01, 2008

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...
June 03, 2008

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...
February 05, 2008

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...
January 23, 2008

‘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...
January 22, 2008

Natural capitalism

Over at the OrthodoxNet.org blog, editor Chris Banescu had an entertaining exchange in the comment boxes with a writer who asserted that “capitalism can be just as infected with materialism and the concomitant need to tyrannize as communism.” Continue Reading...