Latest Posts

An aid to defining ‘capitalism’

I am working on a project now that has to do with the various attempts to reform, redeem, redirect, or otherwise update capitalism. And in so doing, I’m reminded of one of the most incisive, insightful, and relevant passages in all of Catholic Social Teaching. Continue Reading...

Athenians and Visigoths: Neil Postman’s graduation speech

While it could be argued that youth is wasted on the young, it is indisputable that commencement addresses are wasted on young graduates. Sitting in a stuffy auditorium waiting to receive a parchment that marks the beginning of one’s student loan repayments is not the most conducive atmosphere for soaking up wisdom. Continue Reading...

Alejandro Chafuen in Forbes: Xi Jinping’s ‘New Long March’

Alejandro Chafuen, Acton’s Managing Director, International, writes today in Forbes of the growing trade war between the United States and China. Chinese president Xi Jinping recently characterized the road ahead as a “new Long March,” in a reference to Mao Zedong’s legendary strategic retreat from Chiang Kai-Shek’s nationalist forces in 1934. Continue Reading...

The case for capitalism

In preparation for the 2020 presidential elections, democratic candidates are playing by an increasingly progressive rule book: which candidate can promise the most (supposedly) free stuff? Sen. Elizabeth Warren has announced plans to forgive two and four-year college debt by raking in $640 billion from “ultra millionaires.” Continue Reading...