Home
/
RELIGION & LIBERTY ONLINE
/
Our economic age of anxiety
Our economic age of anxiety
Dec 22, 2025 6:04 AM

“Developed nations are increasingly haunted by doubts about the legitimacy of their economic structures,” says Victor V. Claar and Greg Forster in this week’s Acton Commentary. “This paralyzing anxiety crosses all lines of ethnicity, religion, class, party and ideology.”

This is not a mere selfish concern about who gets how much of what. It is a moral anxiety, a concern about what kind of people we are ing. Is America still a country where it pays to “work hard and play by the rules,” in Bill Clinton’s famous phrase? Or have we e the kind of place where cheaters consistently get ahead and slackers get a free ride—where working hard and playing by the rules is for chumps?

The full text of the essay can be found here. Subscribe to the free, weekly Acton Commentary and other publications here.

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
The fair-trade fallacy
Let me quickly respond to this week’s Acton Commentary: While I agree in broad strokes with Dr. Larrivee’s analysis of the questionable assumptions of the fair trade movement, with respect to coffee in particular, I don’t agree that the problem is “low productivity in the countries in which farmers live.” I have previously argued that the source of the issue is in fact too much coffee, so that the market is saturated and cannot sustain high prices given the declining...
Run, don’t walk
Among the ways the UN’s World Food Programme (WFP) is going about attempting to raise public awareness of hunger issues is the use of “celebrity” athlete spokesmen. Paul Tergat, who won this year’s New York City Marathon, was a recipient of WFP aid when he was growing up in Kenya. Listen to a Morning Edition story on Tergat and the WFP here. Tergat is specifically the pitchman for the WFP’s Race Against Hunger project, targeted at about 300 million schoolchildren...
Woe un2mnkind!
A British mobile pany has hired a professor of literature to write up short quotations from various masterpieces. The goal is to help make “great literature more accessible” by offering short, truncated, text messages to students via cell phones. A Reuters story quoted pany: “We are confident that our version of ‘text’ books will genuinely help thousands of students remember key plots and quotes, and raise up educational standards rather than decrease levels of literacy,” pany, Dot Mobile, said in...
Faith in science
To expand the “scientist” as “priest” metaphor a bit, you may find it interesting to read what Herman Bavinck has to say on the fundamental place of “faith” with respect to all kinds of knowledge, including not only religious but also scientific: Believing in general is a mon way in which people gain knowledge and certainty. In all areas of life we start by believing. Our natural inclination is to believe. It is only acquired knowledge and experience that teach...
It’s called tithing
The church thought of this first, but better late than never, I suppose: 10 over 100 is an effort to encourage people who make over $100,000 per year to donate 10% to charity. Here’s the pledge: I, [type your name here] , hereby make a personal promise to give 10% of whatever I make over $100,000 each year to charity. I will donate money directly to organizations of MY choosing, including charities, relief funds, schools, churches, etc. I understand that...
Why not fair-trade beer and cakes?
Economist John Larrivee looks at the logic underlying the fair trade coffee movement and applies it to beer and baked goods. It doesn’t quite make sense. Larrivee points out that “the question is not the difference between what different parties to the production get paid, but rather who adds value, how much, and where.” Read the mentary here. ...
Yes, ICANN (no, you can’t)
The AP reports that a deal has been struck to continue primary management of the Internet by the United States, following weeks and months of controversy. The EU had been pushing for control of the web to be turned over to a supra-national body, such as the UN. The accord was plished at The World Summit on the Information Society, an international gathering to examine the “digital divide” between developed and developing nations. While “the summit was originally conceived to...
Bishops against death penalty
The US Bishops have issued a statement calling for an end to the use of the death penalty, part of their larger campaign to end the death penalty. I’m sympathetic to the thrust of the statement and to many of its claims. The statement makes its case firmly, yet invites dialogue and debate. It adverts to the Catechism of the Catholic Church, accurately reflecting the Church’s teaching on the matter. It pelling arguments against the death penalty on theological and...
The priestly voice of science
Thomas Lessl, Associate Professor in the Department of Speech Communication at the University of Georgia, talks about the “priestly voice” of science. He argues that “scientific culture has responded to the pressures of patronage by trying to construct a priestly ethos — by suggesting that it is the singular mediator of knowledge, or at least of whatever knowledge has real value, and should therefore enjoy mensurate authority. If it could get the public to believe this, its power would vastly...
Lime green trickle down machine
At the the UN net summit in Tunis, MIT’s Nicholas Negroponte has showcased his hundred puter. The small, durable, lime colored, rubber-encased laptop is powered by a hand crank, and is designed to make technology more accessible to poor children in countries around the world. If I may speak of ‘trickle-down’ technology, this is the perfect example. This announcement–an announcement of a tool to help poor countries–may not be the best time to note the virtues of richer ones; and...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved