Home
/
RELIGION & LIBERTY ONLINE
/
Samuel Gregg: Free Market Stars in Debate
Samuel Gregg: Free Market Stars in Debate
Dec 30, 2025 3:30 PM

Director of Research Samuel Gregg’s thoughts on the debate are up at The Corner. He sees a parallel between the Italian crisis unfolding across the ocean and the problems facing the United States — particularly in Michigan, where this debate was held. The collapse of Italy would certainly be a dramatic illustration of the ings of crony capitalism, and Gregg thinks a candidate could find a majority of voters who don’t want that to happen.

With the Italian-flavored shadow of the European Union’s ongoing financial implosion overhanging the United States, it was expected that America’s own fragile economic state would be front-and-center at this debate.

This time, however, there was less argument among the GOP candidates. Instead, there were far more direct critiques of (1) President Obama and (2) the pattern of crony capitalism with which more and more Americans are visibly losing patience. The debate’ssetting— the state of Michigan — is a living exemplar of all the fallacies of bailouts and business-union collusion, as well as a failure to promote the type of innovation that produces wealth but that also threatens businesses (like the panies) that don’t petition.

Also noticeable was the increased willingness of the candidates to advocate market solutions to any number of problems, the most prominent being America’s ongoing mortgage farce, the looming crisis of student debt, and the inexorable rise in health-care costs. That’s a e development. If this trend keeps up, maybe one of them will make the dismantling of crony capitalism a central plank of his platform. That won’t please the likes of General Electric and the City of Chicago, but there are surely votes there.

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
Amazon tribal chief: Liberation theology sustains primitive economy
Pope Francis greets indigenous representatives in Puerto Maldonado, Peru, Friday, Jan. 19, 2018. Standing with thousands of indigenous Peruvians, Francis declared the Amazon the “heart of the church” and called for a three-fold defense of its life, land and cultures. (AP Photo/Rodrigo Abd) As the Synod of Bishops from the Amazon continues to make headlines, many are curious about the contents of its ing report. According to Pope Francis, the synod’s goal is “to identify new paths for the evangelization...
What Elizabeth Warren could learn from Emmanuel Macron
A cartoon published just after the fall of the Berlin Wall showed two travelers moving in different directions, one personifying former Eastern Bloc nations and the other the NATO allies: The two met as the former Warsaw Pact countries rushed away from socialism and the West hurried toward it. Soon, those characters could symbolize France and the United States. Indeed, today, our two nations could be represented by two specific people: Emmanuel Macron and Elizabeth Warren. James C. Capretta of...
Chile in flames
It’s been a good week for the left throughout Latin America. In Columbia, center-left and left-wing parties did well in regional election. Argentina also took a left-turn with a left-wing Peronist easily winning the presidency, and bringing the former president Cristina Kirchner back to office as Vice-President. In Bolivia, long-serving left-populist president Evo Morales looks as if he is going to get away with stealing an election. Events in Chile are also a cause for concern. What started as a...
Acton Line podcast: The conversion of Kanye West; What Wilhelm Röpke has to say about our digital age
In just the first week of the release of Kanye West’s new explicitly Christian record “Jesus is King,” it’s outsold his previous album “Ye,” projected to sell 225-275k copies. In addition ments regarding his conversion to Christianity, he’s dominated cultural conversation with increasingly conservative opinions, addressing everything from the importance munities, to local churches and even in a recent interview, condemning abortion. Andrew T. Walker from es on to the show to break down reactions to Kanye’s conversion, new artistic...
Some reading for Reformation Day
Here is a by no means exhaustive prehensive but simply occasional set of links to some reading from yours truly that might be of interest to readers of the PowerBlog this Reformation Day… Essays: “The further reformation of all of life,” Acton Commentary, October 31, 2017. “The Secularization of Vocation,” Public Discourse, October 30, 2017. “The Church’s Social Witness and the Further Work of the Reformation,” Journal of Christian Legal Thought 5, no. 2 (Fall 2015): 11-16. “Doing much good...
Liberation theology never really went away says Samuel Gregg
October 27 marked the close of the Synod of Bishops on the Amazon, a summit organized to foster conversation on pastoral ministry and ecological concerns in the Amazon region. Although the synod report has not been released yet, many predict that it will reflect just how deep the roots of Marxist liberation theology — or ecology — have grown in Latin American Catholicism. In an article published at The Catholic World Report, Samuel Gregg writes that following the collapse of...
Video: Rev. Sirico at Acton’s 29th anniversary dinner
The Acton Institute celebrated its 29th anniversary on October 15th at the JW Marriott hotel in Grand Rapids, Michigan. Last week, we featured Andrew Klavan’s excellent keynote address here on the blog; this week, we’re pleased to share the remarks of Acton President and co-founder Rev. Robert A. Sirico, who shared the story of how he moved from being a leftist activist to being a strong supporter of the market economy and the free and virtuous society. ...
Updated: 5 reasons the Chicago teachers’ strike is immoral
The Chicago Public School system’s 361,314 registered students are starting their tenth day at home this morning, as their teachers union strikes for its fourteenth cumulative day. Elizabeth Warren and Bernie Sanders have publicly supported the 32,000 teachers and school staff (represented by the Chicago Teachers Union and SEIU, respectively) on the picket line – but there are five reasons people of faith should not join them. Why are Chicago public school teachers striking? CPS teachers are striking for higher...
The uncertain future for free markets in America
A week ago I participated in a panel for the Philadelphia Society on “Conservatism and the Coming Economy.” During the Q&A, I was asked about the future of economic freedom specifically regarding our two major political parties. I had briefly touched on this in my remarks, and though I noted that current trends do not look good, I believe that support for liberty requires the virtue of hope. First, the current trend: On the one hand, while President Trump is...
Commemorating two genocides: Armenian and Communist
Halloween may be fast upon us, but October 29 and 30 have marked the memorations of the year. In the last two days, the world has belatedly remembered the genocide of Armenian Christians and the brutal repression of all dissidents by the Union of Soviet Socialist Republics (USSR). Last night, the House of Representatives passed H.R. 296, a bill “recognizing and condemning the Armenian Genocide, the killing of 1.5 million Armenians by the Ottoman Empire from 1915 to 1923.” (Only...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved