Home
/
RELIGION & LIBERTY ONLINE
/
The Free-Market Case Against Big Business
The Free-Market Case Against Big Business
Jul 7, 2024 7:03 AM

“The most dangerous enemies of capitalism today are capitalists,” says Timothy P. Carney. “This is ing clearer every day to mitted to free markets.”

The conservative and libertarian grassroots came to deeply distrust big business after the Wall Street bailouts and Obama’s stimulus and health care bills, both of which had big-business backing. Tea Party ire focused on subsidy-suckling businesses as much as at big-spending politicians.

Beltway conservatives have also joined in the fight against corporatism. Last spring, the Club for Growth, FreedomWorks and the lobbying arm of the Heritage Foundation all lined up against the Chamber of Commerce and pressed GOP congressmen to vote to kill the Export-Import Bank, which nonetheless was reauthorized by an overwhelming margin.

Republican politicians, despite being lobbied hard by their big-business donors and K Street advisers, are nevertheless moving slowly away from corporate welfare and toward free-market populism. House Budget Committee Chairman Paul Ryan wrote an op-ed in Forbes in 2009 titled “Down with Big Business” (a headline he borrowed from a 1979 Wall Street Journal op-ed).

And now academia’s free-market players are getting in on the game, beginning to rebuild the intellectual infrastructure to argue against corporatism. George Mason University’s Mercatus Center this week is kicking off a series of papers on cronyism and business-government collusion.

Read more . . .

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
Give In To Evil Or Give Up: What Should The Catholic Bishops Do?
National Catholic Reporter writer Michael Sean Winters has a message for the United States Catholic Bishops: plicit with evil or toll the death knell for the Church in the U.S. Unlike the Amish, who choose to live in a manner outside of modern culture, Winters exhorts the bishops to not only engage the world, but realize that being part of evil is simply part and parcel of that engagement: I bring up the Amish for a reason. They are lovely...
‘Morning-after’ Medication Now Available To All Ages
12 year old girls are a lot of things, but keenly aware of their own bodies, biological functions and the side effects of medications are typically not among their strong suits. Imagine a 12 year old girl who isn’t even sure how she might get pregnant, let alone if she is. Imagine a 12 year old who’s been coerced into having sex or has even been raped. Imagine she may or may not be pregnant, but has contracted an STD...
Do Corporations Have Religious Liberty Rights?
Three years ago the U.S. Supreme Court ruled that corporations have the same rights as individuals to engage in political speech. As Justice Anthony Kennedy wrote in the Citizens United decision, the “corporate identity” of a speaker did not justify a reduced level of free speech protection. Can that same concept about corporate identity be applied to religious liberties? Do corporations have religious liberty rights too? Some legal scholars are claiming they do not: The raft of ACA cases raises...
George Wallace, Post-Traumatic Stress, and Black Voting
On June 11, 1963 Alabama Governor George Wallace became a national symbol for racial segregation by blocking the doors of a school to physically prevent the integration of Alabama schools. According to the Alabama Department of Archives, Governor Wallace “stood in the door-way to block the attempt of two black students, Vivian Malone and James Hood, to register at the University of Alabama. President John F. Kennedy federalized the Alabama National Guard, and ordered its units to the university campus....
Can whistleblowing be Biblically justified?
Last week, 29-year-old Edward Snowden, a tech specialist who was contracted for the NSA and works for the consulting firm Booz Allen Hamilton, leaked the details of a classified surveillance program to the media. As Christians debate the ethics of Snowden’s actions we should consider the question, “Under what circumstances can there be biblically justified ‘leaking’ or whistleblowing?” What does being a “good neighbor” or a “Good Samaritan” (à la Luke 10) mean, obligation-wise, when es to warning others against...
Schmemann on Socialism
Man’s nature is to reject it, because it can only be thrust on people by force. The most fallen possession is closer to God’s design for man than malicious egalitarianism. Possession is what God gave me (which I usually (mis)use selfishly and sinfully), whereas equality is what government and society give me, and they give me something that does not belong to them. (The desire for) Equality is from the Devil because es entirely from envy. – Fr. Alexander Schmemann,...
IRS Caught on Tape: Keep Faith to Yourself
Alliance Defending Freedom has released a transcript and audio of a phone conversation an IRS agent placed to a non-profit organization that provides support to women in abusive pregnancy situations. In the recorded phone conversation, the agent lectures the president of the organization about forcing its religion and beliefs on others and inaccurately explains that the group must remain neutral on issues such as abortion. Agent Sherry Wan (:06-:41) – “…so you have your right. You have your freedom. You...
What Do Entrepreneurs Pray About?
“How is religion related to entrepreneurial behavior?” As Joe Carter pointed out last week, a new study by Baylor University sought to examine this very question. Focusing specifically on American entrepreneurs, researchers Mitchell J. Neubert and Kevin Dougherty found that although entrepreneurs “appear no different than nonentrepreneurs in religious affiliation, belief in God, or religious service attendance,” they do “tend to see God as more personal, pray more frequently, and are more likely to attend a place of worship that...
Econ 101 for Father Finn
In a May 28, Huffington Post article, Rev. Seamus P. Finn, OMI, exhibits a woeful lack of economic knowledge. In most cases members of the clergy can be forgiven somewhat for getting it so utterly pletely wrong. After all, few people go into the ministry because they’re fascinated with things like lean manufacturing techniques or monetary policy. But in this instance Finn must be taken to the proverbial woodshed for a lesson in what truly benefits the world’s poor. Why...
Digitization of Newman Archive Announced
The University of Manchester has announced plans to digitize the holdings of the Cardinal Newman archive. Among the roughly 200,000 items of handwritten and other unpublished materials are 171 files of letters to (and from) “particular individual correspondents.” One such correspondent of particular interest is Lord Acton. A selection of Acton’s correspondence with Newman is available digitally courtesy of the Online Library of Liberty. Lord Acton’s periodical, The Rambler, is also the subject of seven separate files of Newman’s correspondence...
Related Classification
Copyright 2023-2024 - www.mreligion.com All Rights Reserved