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capitalism

The Right and Future of Capitalism: Part 2

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I don’t underestimate the difficulties in trying to shape the culture in which our markets operate. They are indeed formidable. But undertaking that type of work helps define, I suggest, what it means to be a conservative in the modern world.
capitalism

The Right and the Future of Capitalism: Part 1

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Conservative economics, unlike the fundamentalism that supplanted it, embraces reason. As conservatives, we begin with a confident assertion of what the market is for and then consider the public policies necessary for shaping markets toward that end.
Happy baby playing with toy blocks in the kindergarten.

Rebuilding Social Capital Starts with 0-3 Year Olds

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Social capital has been studied by a variety of scholars across the political spectrum for decades now. But one area that deserves more focus from policymakers is the crucial formation we receive in earliest years of life, ages zero to three. As attachment theory suggests, the care and support we receive—or don’t receive—during these years play a vital role in our ability to attain and preserve social capital throughout our lives.
Woman sad on bed

Stigmarketing: How Empathetic Advocates Capitalize on Bad News about LGBTQ+

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“Stigmarketing,” which is appealing to claims of stigma to motivate social change, has become the backbone of legal efforts toward that end. Stigmarketing capitalizes on gay–straight differences, and the way these disparities can be measured by the absolute surge in research on “minority stress theory,” or MST.
Main Cell Hall in Alcatraz

Capital Crimes and Capital Punishment

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When it comes to premeditated murder, compensation is not available. As much of human history attests and as the biblical witness affirms, it is the one crime that carries a mandatory death sentence. To suggest or argue that the ultimate human crime should not be met with the ultimate punishment is a moral travesty because it fails to comprehend the nature and meaning of the imago Dei, and thereby undermines the common good.
offices, towers, city

ESG, Woke Capitalism, and the Virtue of Humility

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ESG, the investment ideology that considers environmental, social, and governance issues, is an important part of the story of the rise of woke capitalism. Resisting ESG will require business leaders not just to communicate the good that they do, but also to cultivate the virtue of humility, which clarifies the importance of restraint and the meaning of community.
Charlemagne's coronation

Can We Escape the Confessional State?

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In Andrew Walker’s new book, religious liberty is presented less as a political doctrine than as a description of reality itself. In this view, religious liberty is the logical consequence of an orthodox view of God as the transcendent horizon of all human effort and a view of human beings as agents with consciences not subject to direct political coercion.
Board Meeting

Why America Needs Shareholder Capitalism

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We must insist on shareholder primacy if we want to hold publicly traded businesses accountable for their distinctive contribution to the common good.
Money

Revisiting Chesterton and The Mystery of Capital

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Allowing capital to move is exactly what generates wealth. Yes, we could freeze capital in its current location; but then we would repeat the economic decline of impoverished countries by locking up that capital’s full, invisible potential.
Masks

How Social Capital Helps Communities Weather the COVID-19 Storm

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Social capital mediates the severity and spread of COVID-19. In order to be effective, public-health interventions in response need to be connected to the social forces that are already at play in communities.
Books

Isolation Bookshelf: Escaping into Historical Fiction

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There is a great deal to be learned about the virtues and vices by following the long and eventful lives of D’Artagnan, Athos, Porthos, and Aramis. And isn’t this finally what good novels of any kind do for us—present the fullness of human characters for our consideration, so that we may reflect on our own characters?
Times

Scapegoating “Christian Nationalists” for the Coronavirus Pandemic

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Shutting down the questions of Christian nationalists comes from a faith tradition of its own, a faith in collective humanity, international travel, and free exchange. Time will tell whether such a faith can remain vibrant.
New Rubio

Common Good Capitalism and the Dignity of Work

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Common good capitalism is about a vibrant and growing free market. But it is also about harnessing and channeling that growth to the benefit of our country, our people, and our society. Because after all, our nation does not exist to serve the interests of the market. The market exists to serve our nation and our people. Adapted from remarks delivered at the Busch School of Business at the Catholic University of America.
Woke

How Woke Capitalism Corrupts Business

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The phenomenon of woke capitalism isn’t only about corporate America succumbing to progressive ideologies. It reflects deep confusion about the purpose of business and how commerce serves the common good.
socialism, capitalism, Tocqueviille

How Tocqueville Identified Socialism’s Folly and Capitalism’s Challenge

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Alexis de Tocqueville showed that socialism’s errors go far beyond bad economics. But his criticisms should remind today’s advocates of markets that they must promote stronger normative cases for capitalism.

Capitulating to Bullies: Brown University and the Transgender Lobby vs. Science

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Brown University researcher Lisa Littman has been attacked for publishing results that call into question the politically correct narrative about transgender youth.

The Church Cannot Teach That Capital Punishment is Inherently Wrong: A Reply to John Finnis

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The Catholic Church insists that even popes have no authority to introduce novel doctrines. To teach that capital punishment is inherently immoral would manifestly be a novel doctrine—not simply going beyond but explicitly contradicting what the Church, scripture, and tradition have taught for two millennia.

The Church Could Teach That Capital Punishment Is Inherently Wrong

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Nothing asserted in Scripture read in light of the New Testament excludes the conclusion that capital punishment is inherently wrong. Nor does any definitive Church teaching. But the new revision of the Catechism, while removing from view an evident instability, remedies none of the underlying tensions and seems likely to obscure the only path to a teaching fully stabilized by adopting that conclusion authoritatively, as an authentic development of doctrine. And the revisionary documents are in other ways disconcerting. Part two of a two-part essay.

Development, Capital Punishment, and Dignitatis Humanae

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Despite the vast amount of ink spilled in the current controversy over capital punishment, there’s been a real hesitancy to make explicit its analogy with the longer-running and arguably more important debate respecting the Church’s teaching on religious liberty.

Capital Punishment

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On August 2, 2018, Pope Francis announced an update to the Catechism of the Catholic Church, making a prohibition on the death penalty official Catholic teaching. Prior to this change, many scholars believed that the historic teaching of the Church did not declare capital punishment intrinsically immoral, even if the practice is, as a matter of prudence, not required in countries with modern prison systems that can safely isolate dangerous criminals. Other scholars argued that the natural law duty to respect all human life does in fact render any intentional taking of human life morally unacceptable, and that this development of doctrine does not contradict any infallible teaching. The articles below lay out this debate, with clear summaries of the arguments on both sides.

The Philosophical Case against the Philosophical Case against Capital Punishment

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It’s three times more likely that you’ll die of lightning than that Aquinas will turn out to be wrong about something. The same cannot be said of New Natural Law philosophy.

Economic Freedom and Economic Opportunity: R. R. Reno Discovers Economic Growth, Blames Capitalism

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Leaders should get the facts straight before they start theorizing.

Resisting the Fortress of Solitude: What’s Wrong with First Things’ Anxious Anti-Capitalism

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Young people today, especially the ones who are serious about religion and look to the editors of First Things for guidance, must resist the allure of an intellectual Fortress of Solitude where they can sit and feel superior to everyone. Griping about the state of society is a waste of time. Part two of two.

Notes from Reality About Economic Regulation: What’s Wrong with First Things’ Anxious Anti-Capitalism

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R.R. Reno’s manifesto on capitalism—in which he concludes, among other things, that expanding economic freedom leads to transgenderism—is based on empirically false claims. Part one of a two-part series.
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