Home
/
RELIGION & LIBERTY ONLINE
/
Have Cookies Convinced the Pope About Capitalism?
Have Cookies Convinced the Pope About Capitalism?
Oct 8, 2024 7:45 AM

Based on their latest headline, it looks likesomeone from the Acton Instituteiswriting for the The Onion:

Pope Francis Reverses Position On Capitalism After Seeing Wide Variety Of American Oreos

As the article says:

Admitting the startling discovery pelled him to reexamine his long-held beliefs, His Holiness Pope Francis announced Tuesday that he had reversed his critical stance toward capitalism after seeing the immense variety of Oreos available in the United States. “Oh, my goodness, look at all these! Golden Oreos, Cookie Dough Oreos, Mega Stuff Oreos, Birthday Cake Oreos—perhaps the system of free enterprise is not as terrible as I once feared,” said the visibly awed bishop of Rome while visiting a Washington, D.C. supermarket, adding that the sheer diversity of flavors, various colors and quantities of creme filling, and presence or absence of an outer fudge layer had led to a profound philosophical shift in his feelings toward the global economy and opened his eyes to the remarkable capabilities of the free market.

Sadly, the article is only satire. But buried underneath the humoris a serious questionworth considering: What does our abundance of choice say about our economic system? As I wrote in my post on “3 Things I Wish Pope Francis Knew About a Free Economy“:

Capitalism is merely an economic system in which the modes and means of production are mostly or entirely privately owned. That’s a rather broad categorization that includes such systems as corporatism, crony capitalism, social democracy, state capitalism, and welfare capitalism.

What many of us prefer is not an amorphous capitalism, but an economic system that is outgrowth of the natural order of liberty: a free economy. There’s no agreed upon term for the system of a free economy (which is why capitalism is often used as a substitute) but it would include free people engaging in free enterprise in free markets. A free economy is not a laissez-faire, each-to-his-own system of consumerism. It’s a system in which people are allowed to use their resources and abilities most effectively to serve others.

We as individuals almost always have more relevant information about our interests, talents, and preferences than does the government. While our choices are not free from error or untainted by sin, we are more likely to be better off making such decisions for ourselves than we are having them made for us by the state. This is, in essence, why we favor free economy solutions. Free economies are the best way to serve free people because they provide both the freedom to choose and the freedom to be chosen.

When you have a (largely) free economic system with free people engaging in free enterprise in free markets you will certainly get things like 55 types of Oreos. But you’ll also get decreased poverty and increased human flourishing.

Whilethe pope probably won’t be convinced of capitalism because of our cookies, they are a tasty argument for why we should embrace free markets.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Samuel Gregg: Socialism and Solidarity
On Public Discourse, Acton Research Director Samuel Gregg observes in a new piece that “while moral beliefs have an important impact upon economic life, the manner in which they are given institutional expression also matters. This is illustrated by the different ways in which people’s responsibilities to those in need—what might be called the good of solidarity—are given political and economic form.” Excerpt: … the rather modest welfare and labor-market reforms presently being implemented in Spain, Greece and France have...
Market Economies and the Gospel
My friend John Armstrong examines “How Market Economies Really Work.” Armstrong concludes, “The gospel makes people free and teaches them to be virtuous. This is what is inherently Christian and no economic system can thrive long-term without them.” He cites a piece by Stellenbosch University economist Stan du Plessis, “How Can You be a Christian and an Economist? The Meaning of the Accra Declaration for Today.” The du Plessis piece was of great help to me in writing the third...
Seven Fund Announces New Competition
The Seven Fund has announced a new Breakthrough Innovation petition. The Breakthrough Innovation Grant (BIG) of up to USD $20,000 will be given to the most innovative business ideas that will have an impact on poverty alleviation in the Philippines. We are looking for small and medium-sized enterprises (SMEs) as well as social entrepreneurs whose ideas can serve as drivers for poverty alleviation and social improvement. Proposals must be innovative, resourceful, scalable, and fit the particular needs of the Philippines...
‘What May I Expect from My Church?’
Madeleine L’Engle, in a 1986 essay, “What May I Expect from My Church?” And that is what I want my church to speak out about: the Gospel, the Good News. Then I will be given criteria to use in thinking about such issues as abortion, euthanasia, genetic manipulation. It is impossible to listen tot he Gospel week after week and turn my back on the social issues confronting me today. But what I hope for is guidance, not legislation. L’Engle...
Audio: Benedict XVI, Christian Radical
Dr. Samuel Gregg, Director of Research at the Acton Institute, joined host Al Kresta on Kresta in the Afternoon to discuss his recent Acton Commentary and Pope Benedict XVI’s book Light of the World. You can listen by using the audio player below. [audio: ...
The Politics of Hunger
In an otherwise fine piece focusing on innovative techniques used by food banks to increase efficiency, while at the same time improving service and the recognition of the dignity of those they serve, Bread for the World president David Beckmann uses the opportunity to throw a dose of pessimism into the mix. “We can’t food-bank our way to the end of hunger,” said Beckmann, co-recipient of the 2010 World Food Prize. “Christian people need to change the politics of hunger...
Adamic Anthropology
In an edition of the Philosophy Bites podcast last month, “Nicholas Phillipson, his acclaimed biographer, discusses Adam Smith’s view of human beings.” Phillipson argues of Smith that “even his economic thinking is perhaps best understood as part of a broader philosophical project of a science of human beings.” For more on Smith’s “broader philosophical project,” including the relationship between his famous Wealth of Nations and rather less well-known Theory of Moral Sentiments, see the following from the archives of the...
Lott on Buckley, Revisited
John Couretas reminded me that I put up a short note about Jeremy Lott’s life of William F. Buckley, but never returned to give the overall review. Please forgive the oversight! I bined elements of the first post with additional thoughts to create a whole and to prevent the need to look back to the original post. And here it is: The Thomas pany sent me AmSpec alumnus Jeremy Lott’s William F. Buckley. Lott brings attention to some under appreciated...
Religion & Liberty: Acton 20th Year Issue with John Armstrong
Over the years Religion & Liberty piled a lot of interview gems and first class content for our readers. The new issue, now available online, highlights some of that content, with new material as well. This double issue is an Acton 20th Anniversary tribute with an interview with John Armstrong as well as a collection from some of our best interviews. Regarding piled collection, the responses selected represent a range of timeless truths of the Gospel, the importance of human...
Acton Rome event on Ethics, Aging and Health Care
Last Thursday at Rome’s (but technically part of Vatican City) Pontifical Lateran University, Istituto Acton held a day-long conference on “Ethics, Aging and the Coming Healthcare Challenge.” It was a successful event, if a bit pared to some of our other Roman gatherings. It’s not often that an Acton conference is so focused on the finality of death, after all; we often stick to the other “inevitability” of life, i.e. taxes. Yet in both spiritual and economic terms, there’s no...
Related Classification
Copyright 2023-2024 - www.mreligion.com All Rights Reserved