DNA friend Marvin Olasky, editor in chief of WORLD and the author of more than 20 books, recently published “Social Calvinism: How the Reformer challenged conventional wisdom in government and economics” at WORLD’s Saturday Series page. We found his post about John Calvin so engaging and important we want to
Tag: Capitalism
God invented capital Mark 12:1-12 is a parable about accountability, theft and judgment. It also reveals something about resources. And he began to speak to them in parables. “A man planted a vineyard and put a fence around it and dug a pit for the winepress and built a tower,
Not quite three weeks ago we posted Socialism vs. Capitalism. It’s a hot topic, not to mention important, and the post has garnered lots of hits. So we are advancing the release of the video version in an effort to harness this interest and push the message out even further.
Communism has collapsed in the USSR, China and elsewhere. The world, with the exception of some universities, has concluded that Marx was wrong and wondering what would replace Marxism. Some have turned to Marx’s contemporary and nemesis, Max Weber, and his thesis that it was the Protestant work ethic that
In the previous post I suggested that the most influential “prophets” whose creative thinking gave birth to the toxic new religion—were Karl Marx and Antonio Gramsci. Both were products of Western culture, so to speak, but were solidly in the atheistic stream. Their ideological forebears included the continental philosophers Rene
Our dear friend Lianggi Espinoza from Chile continues his dialog with us around our Dec 14 post, “Out of the Mouth of Bono: Economics and Freedom.” In Lianggi’s latest comments he writes: About the interview with Friedman. The tenth commandment is do not covet. And communists do that. Their system
By Web Summit, CC BY 2.0 What do Bono and Milton Friedman have in common? As everybody knows, Bono is a celebrity rock star. Maybe not quite as many readers are aware that Friedman was an economist. Which one of them said, “There’s no such thing as a free
Too often, the word “capitalism” is the red flag that enrages the bull of social justice. But I would argue that what we call capitalism today is a caricature of the real thing. It shares some of the characteristics of true capitalism but without its inherent sense of social responsibility. For
Recently we published a post about Pope Francis’ comments last November regarding capitalism in his missive, “Evangelii Gaudium.” Here’s a further observation about his message. Michael Novak, a Roman Catholic economic philosopher, reflects on Francis’ paper in his article “Agreeing with Pope Francis.” Novak points out an important distinction between
In November Pope Francis published Evangelii Gaudium (The Joy of the Gospel). He characterized the paper as not a comprehensive document, but rather a simple sharing of his pastoral heart for the mission of the Church. In the midst of this exhortation he speaks of poverty and economic oppression of











