Posts Tagged prosperity
Rev. Robert Sirico, president of the Acton Institute, recently released a new book, Defending the Free Market: The Moral Case for a Free Economy, in which he aims to overturn common stereotypes of capitalism and dig into the real moral implications of free enterprise. Applying his usual wit and theological depth, Fr. Sirico delivers fundamental moral arguments for why capitalism does not , as the narrative goes, promote greed, selfishness, and cruelty, but instead leverages human creativity and generosity. More importantly, Fr. Sirico contemplates how we might use our economic systems to further realize our relationship with God and man.
In this interview with Remnant Culture, Fr. Sirico discusses some of the key topics of his book, including consumerism, Ayn Rand, equality, health care, and the common “caricature” of economic man.
Of course, I encourage you to read the book in full.
One of the most popular arguments Christians make against free enterprise is that it is based on or driven by consumerism. In your book, you argue that consumerism actually makes capitalism “impossible over the long term.” How so?
Of course, we all consume. That is a fact of life. The Christian concern is not with the fact that we have to consume things (as thought we were Gnostics who did not believe in the goodness of the created world), but that we not be consumed by things.
The capitalist cycle depends on people using whatever goods they have to produce something valuable for their neighbors, and making a profit in the process. People then reinvest their profit into expanding their business, and making more profit. It’s a virtuous cycle. If an individual immediately rushes out and spends every last cent he earns today, he would have nothing left over for reinvesting and expanding for tomorrow, and thus there would be no means for sustaining his business, not to mention obtaining daily necessities such as food, shelter, and clothing.
In writing about your “undoing” as a leftist, you describe a moment when you realized that the questions you were asking about Friedrich Hayek and Milton Friedman were similar to “the simple queries that the tall nun had posed to our First Holy Communion Class” — questions about who made the world, who God is, and why God made us. Why did studying economics inspire a return to these questions, and why are such questions important for us to consider when contemplating economics?
There is something “underneath” economics. Economics is not really about money and charts and statistics. It is essentially about human interaction. At the center of each economic transaction stands the human person. When we talk about tax levels or private property or inflation, we are talking about realities that have profound effects on the ways people live their lives, and the ways they interact with each other. When you see that economic conditions influence the decisions people make and alter their lifestyles, you realize that people react negatively to things they view as violating their intrinsic dignity. High tax levels can be immoral not only because of the negative effects they have, but simply because it is immoral to take an inordinate amount of what someone has worked hard to earn. Pope John Paul II has made clear that unemployment is a grave wrong because it jeopardizes the lives of workers and their families.
Studying these economic realities forces you to go back to those basic questions: Who is man? How much may a government justly take from its citizens? What are the limits of government? What are its responsibilities? Much more than numbers are at stake here: intrinsic human dignity, flourishing and rights hang in the balance.
Advocates of free enterprise are often assumed to be robotic devotees of Ayn Rand, the atheist novelist and promoter of a so-called “virtue of selfishness.” Yet you argue that Rand’s beliefs stand in conflict with the very free enterprise system she claimed to support. Where are Christians to find themselves between Randian individualism and Marxist collectivism?
Rand’s theory is self-defeating because it denies the fact that the free market is based on Read the rest of this entry »
Independence Day is on everyone’s mind, and thus, you should make time to read President Calvin Coolidge’s speech on the Declaration of Independence.
Coolidge contemplates what led the founders to write what they did and what inclined Americans to follow their lead. He is convinced that spiritual inclinations and orientation played the most important role:
Before we can understand [the founders’] conclusions we must go back and review the course which they followed. We must think the thoughts which they thought. Their intellectual life centered around the meeting-house. They were intent upon religious worship. While there were always among them men of deep learning, and later those who had comparatively large possessions, the mind of the people was not so much engrossed in how much they knew, or how much they had, as in how they were going to live. While scantily provided with other literature, there was a wide acquaintance with the Scriptures. Over a period as great as that which measures the existence of our independence they were subject to this discipline not only in their religious life and educational training, but also in their political thought. They were a people who came under the influence of a great spiritual development and acquired a great moral power.
The founders’ religious leanings were certainly diverse, but as Coolidge notes, their “wide acquaintance with the Scriptures” was a primary force in the development of their political thought. It was not only by the economic wisdom of Hamilton or the intellectual prowess of Jefferson that our country became what it is today. Something deeper and more profound was going on—something spiritual.
As Coolidge concludes:
No other theory is adequate to explain or comprehend the Declaration of Independence. It is the product of the spiritual insight of the people. We live in an age of science and of abounding accumulation of material things. These did not create our Declaration. Our Declaration created them. The things of the spirit come first. Unless we cling to that, all our material prosperity, overwhelming though it may appear, will turn to a barren sceptre in our grasp. If we are to maintain the great heritage which has been bequeathed to us, we must be like-minded as the fathers who created it. We must not sink into a pagan materialism. We must cultivate the reverence which they had for the things that are holy. We must follow the spiritual and moral leadership which they showed. We must keep replenished, that they may glow with a more compelling flame, the altar fires before which they worshiped.
We must reframe our thinking and realign our pursuits to “the things that are holy.” It is not by our material prosperity that we have become great, but through our spiritual empowerment and obedience to a higher order. When we as individuals are made free, we have the ability to pursue our dreams and achieve greatness, but we must remember to align those dreams and achievements to the source of all things good.
Happy Fourth of July! Above all, let’s celebrate the “things of the spirit.”
Data-visualization guru Hans Rosling recently gave a fascinating TED talk contemplating the relationship between religion and babymaking. (For some of my commentary on his previous instances of wizardry, see here and here.)
This week at Values & Capitalism, I offer my thoughts on the lecture, focusing specifically on the limits of Rosling’s analysis as it relates to the economic implications of religion and culture.
You can watch the full talk below:
Rosling argues that religion has nothing to do with decreasing birth rates, but getting out of poverty does.
Ah, but what hath religion to do with that?
As I’ve written previously, economists have a tendency to shy away from and/or mistreat any factors that might rattle their neat categorical frameworks and cause “#VALUE!” to pop up throughout their intricate Excel spreadsheets. Observing countries according to “majority religion,” for example, provides little insight into the unique cultural differences and political climates of the countries involved while also Read the rest of this entry »
President Obama recently spoke at the National Prayer Breakfast, during which he furthered his usual conflation of Christian charity with progressive policies.
From the speech:
[W]hen I talk about shared responsibility, it’s because I genuinely believe that in a time when many folks are struggling, at a time when we have enormous deficits, it’s hard for me to ask seniors on a fixed income, or young people with student loans, or middle-class families who can barely pay the bills to shoulder the burden alone. And I think to myself, if I’m willing to give something up as somebody who’s been extraordinarily blessed, and give up some of the tax breaks that I enjoy, I actually think that’s going to make economic sense.
Such “shared responsibility” can, of course, make economic sense—e.g., if rich folks aren’t already paying their “fair share,” if we actually can increase government revenues by further squeezing the rich, if government revenues are actually being used in ways that help poor/middle-class families, etc.
But particularly after a State of the Union address in which the President promised to ramp up spending across the board, it is ever more difficult to swallow the notion that spelunking the pockets of the rich will somehow alleviate the plight of “ordinary Americans.” Let us remember: This is a President whose solution for economic collapse is to inflate skill-heavy industries such as energy and high-tech manufacturing (the uneducated poor are likely unenthusiastic). This is a President whose solution for inflated tuition costs is doubling the number of minimum-wage work study jobs. You can tax the rich all you want, but until you cut your blind addiction to counterproductive spending, such an approach will make little “economic sense.”
But it gets worse. Obama then moves to argue that forced economic redistribution also makes spiritual sense:
But for me as a Christian, it also coincides with Jesus’s teaching that ‘for unto whom much is given, much shall be required’… To answer the responsibility we’re given in Proverbs to “Speak up for those who cannot speak for themselves, for the rights of all who are destitute.” … Treating others as you want to be treated. Requiring much from those who have been given so much. Living by the principle that we are our brother’s keeper. Caring for the poor and those in need.
Setting aside the President’s peculiar tendency to use “I am my brother’s keeper” as an imperative for Christian service (“I really do know what happened to Abel!”), he is falling prey the most typical of progressive tendencies: (1) confusing Jesus’ call of radical obedience to God with a call of radical obedience to the State, and (2) debasing Jesus’ parables to be wholly materialistic in their scope.
God requires plenty from us, but he wants us to obey him, not the arbitrary dictates of political rulers. Just as he gives us much more than stuff, he also expects us to do much more than give our stuff away (or have it seized away). I have commented on these errors time and time again.
The irony is that the society in which an equality of outcomes is an overarching policy aim is the society in which the people “to whom much is given” start dropping like flies. When the moralistic bureaucrats on top of the hill try to determine how much has been given to whom and how much is too much, God is quickly reduced from being our ultimate source and guide to a mere excuse for government meddling. When leaders like Obama pretend that Jesus was/is encouraging us to blindly submit our resources to a massive inefficient bureaucracy, being a bond slave of Christ becomes no different than being a robot for Read the rest of this entry »
Individualism is constantly misunderstood, which is a big reason I started this blog. To value the individual, we are told, is to disdain community.
LearnLiberty recently released a video to dispel this myth, and this week at Common Sense Concept, I provide some additional commentary. The thesis: Properly understood individualism is what makes community possible.
Watch the video here: (my comments here)
After building on Dr. Skoble’s critique of communitarianism, I examine some popular concerns over “atomic individualism,” setting forth what I believe to be the real issue: “Real individualism results in atomic communities, not isolated hermitdom, and this is what the control freaks are worried about.”
Given that many Christians seem lost on the nasty implications of communitarianism, I thought it might be a good time to connect the dots:
For the admirers of utopian scheming, the big impressive tower will never be constructed if the project is left to free individuals pursuing their petty mutual ends. Heaven on earth will never be achieved if Read the rest of this entry »
The budget talks are a’blazin and Jim Wallis is at it again, rallying left-leaning Christians everywhere to support a laundry list of progressive “anti-poverty” programs (i.e. all of them).
On July 20, Wallis and 11 other “religious leaders” met with President Obama to ask for a “Circle of Protection” around any program ”focused on reducing poverty.” (“Circle of Protection”–is that Orwellian, New Age, or something out of a 1980s RPG?)
“We made our simple principle clear,” Wallis said. “The most vulnerable should be protected in any budget or deficit agreements…We told President Obama that this is what God requires of all of us.”
“This is what God requires of all of us”? You mean Medicaid, food stamps, and foreign “aid”? Inspiring, I do declare.
But, man, if we’re falling short on our redistributionist checklist, folks in the third-world must really need a sense of what God requires of them. Maybe Wallis can head over to Cuba or Zimbabwe and teach those tyrannical bullies a thing or two about how to properly manipulate and micro-manage their peoples toward greater prosperity. How I would love to see Wallis positioned in the former Soviet Union, trying to fix things by avoiding programs that “focus on reducing poverty” (i.e. everything).
As much as I appreciate Wallis’ attempt to intercede on my behalf, what God “requires of all of us” cannot be rolled into some quaint piece of legislation signed by Harry Reid or John Boehner. God’s “requirements” do not constitute a legalistic bullet list of progressive programs, and the church extends well beyond an “enlightened” majority with a tendency to sign and spend things quickly. (I’ve discussed this previously).
Why, for example, is our bloated, inefficient, fraud-laden Medicaid system the God-ordained method for helping America’s poor find healthcare in the 21st century? Why, might I ask, is such a system only God-ordained insofar as it remains untouched by budget cuts? If we cut the program by, say, 1% (or even .00001%), will judgment day come sooner or more harshly than it would otherwise? And to what degree? Paging Harold Camping…Al Gore?
What if I happen to disagree with page 3,500 of the legislation, but agree with the rest? What if I disagree with the whole thing and suggest Read the rest of this entry »
I’ve written about PovertyCure in the past, but in the months since, their mission has taken significant shape. Thus, I thought it fitting to give their efforts an additional plug.
You can start by watching their promotional video, which sums up their approach quite effectively.
Share and distribute as you will:
The newly expanded web site contains a variety of valuable media resources, along with a mission statement and list of key issues that are strikingly on-target. Overall, it’s refreshing to see an anti-poverty campaign so unabashedly centered on human potential rather than human despair — one that seeks to build on truths we know rather than merely pacify or tame social chaos in the immediate.
At the center of all this must be the individual — the sacred human person whose plan and purpose in life needs locomotion, not bandaids. If we see fundamental change on that level, the rest will Read the rest of this entry »