Home
/
RELIGION & LIBERTY ONLINE
/
The case for capitalism
The case for capitalism
Dec 21, 2025 3:06 AM

In preparation for the 2020 presidential elections, democratic candidates are playing by an increasingly progressive rule book: which candidate can promise the most (supposedly) free stuff?

Sen. Elizabeth Warren has announced plans to forgive two and four-year college debt by raking in $640 billion from “ultra millionaires.” Sen. Kamala Harris wants e renters to receive billions in tax credits in addition to further Medicare expansion. South Bend, Indiana Mayor, Pete Buttigieg, recently added climate change proposals to his platform, promising to “implement a Green New Deal with all available tools including a carbon tax-and-dividend for Americans, and major direct investment to build a 100 percent clean energy society.” Democratic presidential candidates think money grows on trees.

Terry Paulson, psychologist and author, writes that at the heart of the democratic candidates’ wish-granting strategy is “a cancerous cynicism about the economic engine that’s been so critical in maintaining America’s position in the world.” The economic engine Paulson refers to is capitalism. Paulson draws inspiration from Rev. Robert Sirico’s book, “Defending the Free Market: The Moral Case for a Free Economy,” while arguing for a clearer understanding of the core principles of capitalism, including the importance of private property and dignity in work and business.

For those who support redistribution from those who earn to those who take, Sirico has a warning: “There is a contradiction at the heart of the progressive project of striving toward equality of e by redistributing wealth. A tenacious focus on es (as in redistribution to achieve e parity) inevitably leads to treating people unfairly-unequally-by taking from one who has worked and produced superfluous wealth and giving it to one who has not…. In place of a culture of wealth makers (the entrepreneurs and their increasingly productive employees), you end up with a culture of wealth takers.”

Read Paulson’s full article, “Defending Capitalism.”

Featured photo: Gage Skidmore from Peoria, AZ, United States of America [CC BY-SA 2.0]

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
Video: Colorado Priest Condemns Socialism at GOP Assembly
You might get goose bumps watching this fiery speech by Fr. Andrew Kemberling. After all, it is not every day we hear a wholesale condemnation socialism from a priest on the “pulpit” of a conservative political rally! This vociferous pastor from St. Thomas More parish in Centennial, Colo., delivered an impassioned address last May. It may be old news, but the video has gained enormous popularity and even gone viral (over 1.3 million views) just one month before the U.S....
The New York Times Doesn’t Understand Freedom of Religion
In a model of Orwellian doublespeak, the New York Times published an editorial yesterday defending the ridiculous decision by U.S. District Judge Carol E. Jackson to dismiss the lawsuit filed earlier this year by Frank O’Brien and his O’Brien Industrial Holdings LLC. O’Brien had challenged the requirement that businesses offer employees contraception coverage through health care insurance, claiming it unconstitutionally violated his religious beliefs and the Catholic philosophy he applied in running his business. Not so, say the NYT editors,...
On Call with Dr. Pamela Casson
Dr. Pamela Casson, a pediatrician in Colorado Springs, knows what it means literally to be “On Call.” This week she shares with us in this video interview with Jon Hirst how she sees God working through her in her work with families, children and the world around her. Thank you Pamela for giving us an inside look at how you see your work as blessing the world. ...
Acton Commentary: Obama Administration Leaves Human Trafficking Victims Out in the Cold
“Most of us enjoy an economy where we can purchase with ease the things we need and enjoy. However, there is no moral justification for mercialization of some things; human beings are not products to be bought and sold,”writes Elise Hiltonin the latest Acton Commentary (published October 3).The full text of his essay follows. Subscribe to the free, weekly Acton News & Commentary and other publicationshere. Obama Administration Leaves Human Trafficking Victims Out in the Cold By Elise Hilton Imagine...
Stop Apologizing for Our Liberties
You cannot apologize to a fanatic, says Lee Harris. It only serves to convince him that he was right all along: The last few weeks have witnessed a peculiar and disturbing spectacle: An American administration that has spent a great deal of time and energy apologizing for our liberties—in particular, for what many would regard as the foundation of all our other liberties, namely, the freedom to express our minds as we see fit. This signature freedom, of which Americans...
Dietrich Bonhoeffer, the Two Kingdoms, and Protestant Social Thought Today
Jordan Ballor’s paper, “Dietrich Bonhoeffer, the Two Kingdoms, and Protestant Social Thought Today,” just made the Social Science Research Network’s current Top Ten download list for Philosophy of Religion eJournal. From the abstract: Last century’s Protestant consensus on the rejection of natural law has been quested in recent decades, but Protestant social thought still has much work to do in order to articulate a coherent and cogent witness to contemporary realities. The doctrine of the two kingdoms has been put...
Did 2,362 Millionaires Get Unemployment Checks in 2009? (Answer: Yes they did.)
The Congressional Research Service (CRS), a group that works exclusively for the U.S. Congress, issued a report with one of the greatest titles I’ve ever seen on a government document: Receipt of Unemployment Insurance by e Unemployed Workers (“Millionaires”) Now the first nine words are nothing special, typical policy-wonk speak. But whoever added in the word “millionaires” with scare quotes and parentheses is a genius. Most people would have been nodding off around the word “Insurance” but seeing millionaires (that’s...
Get the Audio Edition of Defending the Free Market
The audio book version of Rev. Sirico’s Defending the Free Market has just been released, and is available at Amazon. If you haven’t bought book yet (or even if you have) you’ll want to download a copy today. ...
Dodd-Frank: The Other Serious Threat
At least es at us head on. The greater legislative threat may be the one that most Americans have never heard of. Economist Scott Powell and Acton friend Jay Richards explain in a new piece in Barron’s: While Obamacare received more attention, the Wall Street Reform and Consumer Protection Act, also known as Dodd-Frank after its Senate and House sponsors, … unleashed a new regulatory body, the Consumer Financial Protection Bureau, to operate with unprecedented power. Dodd-Frank became law in...
Mr. President, it isn’t your job to ‘channel’ America’s genius, grit and determination
One line from last night’s debate leapt out at me. It wasn’t a stumble amidst the cut and thrust of open debate. It was during President Obama’s closing statement—400 words that I’m guessing he and his staff crafted with painstaking care. About half way through his summation, the president gave his vision of government in a nutshell. He said that “everything that I’ve tried to do, and everything that I’m now proposing for the next four years,” was “designed to...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved