Home
/
RELIGION & LIBERTY ONLINE
/
Why capitalism is worth conserving
Why capitalism is worth conserving
Apr 2, 2026 7:26 PM

Capitalism is worth conserving not because free markets are a “necessary tool” for economic growth, but because economic freedom honors the dignity and creative capacity of the human person.

Read More…

Amid the waves of populism and protectionism sweeping across the American Right, capitalism has e a favorite target of many prominent conservatives, blamed for the decline of religion, the demise of the family, and the erosion of civil society.

Whether the e from politicians like Josh Hawley or pundits like Tucker Carlson, free-market conservatives are increasingly scolded for being mitted to economic freedom. To no surprise, the Left continues its own critiques as it always has, spurring a strange, unspoken alliance among otherwise ideological foes.

But if we hope to restore the social order, success will e by succumbing to the illiberalism of populists and progressives, adopting zero-sum mythologies and Pollyanna-ish protectionism in hopes that government can somehow piece us back together again.

Instead, the modern right needs a renewed understanding of what economic freedom actually is and what it’s ultimately for – how it affirms our dignity, unleashes our creativity, and empowers munities to respond to the various moral crises we face.

In a recent column, Ross Douthat addresses some of the key tensions at play, noting that while certain economic idols have surely played a role in the rise of Western decadence and decay, the cultural factors are far plex than the popular narrative suggests.

For example, while many of today’s anti-capitalism “traditionalists” are (rightly) fond of romanticizing munitarian past, few seem to realize that America’s “Tocquevillian utopia” of associational life was a byproduct, not a precondition, of economic dynamism:

If the anti-traditional churn of capitalism inevitably doomed religious munal associations or the institution of marriage, you would expect those things to simply decline with rapid growth and swift technological change. Imagine, basically, a Tocquevillian early America of sturdy families, thriving civic life and full-to-bursting pews giving way, through industrialization and suburbanization, to an ever-more-individualistic society.

But that’s not exactly what you see. Instead, as Lyman Stone points out in a recent report for the American Enterprise Institute (where I am a visiting fellow), the Tocquevillian utopia didn’t really yet exist when Alexis de Tocqueville was visiting America in the 1830s. Instead the growth of American associational life largely happened during the Industrial Revolution. The rise of fraternal societies is a late-19th- and early-20th-century phenomenon. Membership in religious bodies rises across the hypercapitalist Gilded Age. The share of Americans who married before age 35 stayed remarkably stable from the 1890s till the 1960s, through booms and depressions and drastic economic change.

After the 1960s, however, something changed, “with churches dividing, families failing, associational life dissolving.” It’s a trend that’s continued to this day, explored at length by folks like Robert Putnam, Charles Murray, and Yuval Levin. And it is here where conservatives now begin plaints about capitalism.

Here, too, the historical reality is a bit plex. Douthat duly recognizes the role of the “economic and sexual individualism of the neoliberal age,” but he also reminds us that economic dynamism has been on the decline, as well. “It can’t just be capitalist churn undoing conservatism, exactly, if economic stagnation and social decay go hand in hand,” he writes.

Further, such decline has been largely mirrored (and preceded) by similar trends across Western Europe, which has seen its share of decline in family formation and institutional life. These countries are not exactly bastions of “unfettered capitalism,” boasting massive, state-based welfare programs and cultures that are far less individualistic in their ethos.

In light of such evidence, we’d do well to make a distinction between economic freedom and humanity’s ongoing propensity to abuse its many fruits.

“It’s not that capitalist dynamism inevitably dissolves conservative habits,” Douthat writes. “It’s more that the wealth this dynamism piles up, the liberty it enables and the technological distractions it invents, let people live more individualistically – at first happily, with time perhaps less so – in ways that eventually undermine conservatism and dynamism together.”

These are predictable problems of plenty, temptations toward materialism, individualism, placency that tend to increase with widespread prosperity, however es. We ought to treat them accordingly, addressing Western decadence at the level of the human soul and spirit, not by turning to the federal government as a new and improved fatted calf.

“If the decay of faith or family were really a simple matter of ‘too much capitalism,’ you could imagine a right that eventually got over its rugged individualism and chose redistribution and sustainability instead,” Douthat says. Instead, “conservatives actually need to somehow jump-start a lot of forms of dynamism all together.”

For Douthat, the task of “jump-starting” dynamism involves a particularized approach to “traditionalist-friendly” government policy. Yet even he is willing to acknowledge that the best and brightest policy proposals will not be sufficient to e the struggles we face.

The more difficult work is cultural work, requiring a deeper, wider revival of munities and institutions. If we routinely castigate the causes of liberty – outsourcing “protection” and “planning” to the administrative state – will we really have what it takes to confront moral challenges in the places and spaces where it matters the most?

For conservatism to truly thrive, and more importantly, for munities to be revived, we need an embrace of freedom on all fronts, economic, religious, political, and otherwise, as well as the wisdom and cultural wherewithal to rise to the moral challenges that true freedom actually requires. “Social conservatism can be undermined by economic dynamism, but also respond dynamically in its turn,” Douthat concludes, “through a constant ‘reinvention of tradition,’ you might say, manifested in religious revival, new forms of association, new models of courtship, even as older forms pass away.”

The critics of capitalism are right about one thing: Free markets, by themselves, are not enough. We also need virtue. We need spiritual formation and transformation. We need healthy institutions and munities. But these pieces can’t e together if we pretend that economic freedom isn’t a crucial part of the picture.

As Rev. Robert Sirico once wrote:

It is a mentary on our times that the political and ethical cognoscenti associate freedom with licentiousness, antinomianism, atomistic individualism, and an array of similar vices antithetical to virtue. Despite this attitude on the part of many professional mon sense tells any sane person that a society that is both free and virtuous is the place in which he would most want to live. But what exactly would it mean to advocate and work toward the construction of such a society?

… The Reverend Edmund Opitz, a Congregationalist minister who has been writing on these themes for many years, puts it this way: “Political theory in our tradition is based on the assumption that men must be free in society because each person has a destiny beyond society which he can work out only under conditions of liberty.”

If it is true that each individual has such a destiny, then he cannot be treated merely as a means to an end, but as an end in himself. And if each individual is an end in himself, then it would be a gross violation of the essential nature and basic dignity that each person possesses to treat him as a means to someone else’s ends. In addition to the violation of human dignity that would result, such a treatment of people (as means rather than ends in themselves) would undermine the very foundation of civil organization.

Contrary to mon caricatures, capitalism is worth conserving not because free markets are a “necessary tool” for economic growth, but because economic freedom honors the dignity and creative capacity of the human person.

If we hope to battle the social corrosion of our day and build an economy that is both dynamic and humane, we ought to set our sights where virtue actually begins: in each and every human heart. Economic freedom is but one step on the path to human flourishing, but it’s one we can’t do without.

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
Crypto and Blockchain: A flash in the pan or something more?
To preserve economic liberty, Central Bank Digital Currencies need to operate within a clearly articulated rule of law while allowing tertiary cryptocurrencies to freely operate within a decentralized institutional framework which protects individual privacy while retaining economic stability. Read More… Ever since the first Bitcoin was mined in January of 2009, we’ve seen an ever-growing interest in cryptocurrencies and blockchain — the technology upon which Bitcoin is based. What are we to make of it all? Will Bitcoin or another...
The moral deficit of inflationary spending
The Judeo-Christian tradition is against harming the poor and the voiceless (the young in this situation. Thrift, responsibility (ethical and financial), and honesty have been hailed as virtues from time immemorial. With inflationary deficit spending, the government embodies none of these virtues, and does so to our moral and economic deficit. Read More… Spending! Relief! Infrastructure Investment! Build Back Better! These are words and sayings that have been bandied about throughout the past year. Anyone with a basic interest in...
Charity misdirected: New study explores Christian attitudes about orphanages
While many orphanages are doing good and necessary work, others have contributed to cycles of child abandonment, family disintegration, and poverty. Unbeknownst to many American Christians, the majority of children living in orphanages have living parents, and such families would likely be better served by a different kind of support altogether. Read More… Orphan care has long been a central focus of Christian missions, prompting many churches to offer significant support for orphanages around the world, whether through financial donations,...
Tobit’s biblical theology of work
The treasures of earth may be employed for heavenly ends, and thus there is nothing inherently wrong with earning them. But we should always “strive first” for the treasures of heaven and, like Tobit, trust God to provide should e when earthly treasures are wanting. Read More… Tobit is one of the lesser-known books of the Bible, in no small part because Protestant Bibles since the 19th monly omit it. But any Christian, Protestant or otherwise, would benefit from Tobit’s...
Parenting after the pandemic: More freedom, less ‘safetyism’
Whatever one thinks of the prudence of the lockdowns as a means for containing the virus, they inadvertently doubled as an extreme experiment in what happens to children when they are over-sheltered and over-protected from the outward journeys of daily life. Yet, to a lesser degree, that experiment was already well underway before the pandemic ever began. Read More… Should parents prioritize extreme safety or thoughtfully push their kids toward independence and self-reliance? It’s a question that moms and dads...
How socialism fosters an envious, covetous worldview
Far from being the Utopian mode of government its proponents would have you believe it to be, socialism is actually a poisonous worldview that pits neighbors against each other, scorns success and breeds negativity. Read More… It’s hard to feel happy for people who are more successful than you. It’s easier to envy them – but doing so means forgetting that high achievers pave the way for others to succeed. Free societies make it possible for more people to rise...
America is crossing economic Rubicon of government management
If anyone had any lingering doubts about where American economic policy is heading over the next fouryears, those should have been removed by President Joe Biden’s proposed $6 trillion budget for 2022. Whatever Congress does with this proposal, there’s no doubt that government is now viewed by leading policymakers and, judging from recent surveys, by millions of Americans as the primary engine that should be driving the economy. Whether it is the disinterest in the implications of America’s public debt...
The necessity of boring politics
The government is working well when no one pelled ment on it. As poet Henry David Thoreau said: “That government is best which governs least.” Read More… Movie audiences experience high emotional engagement when they identify personally with the characters. The same is true in modern American politics, which increasingly have e treated as a source of social identity and entertainment. But should politics be a source of entertainment? Or should politics be boring? The founding fathers explicitly ordained six...
The ‘chicken and egg’ interplay of religious liberty and economic freedom
Does e before the other – or are religious liberty and economic freedom mutually reinforcing and indivisible? Read More… The contributions of religious life to economic prosperity are increasingly evident, prompting many to study the relationship between the two. A recent study from Canada found that religion adds billions to the economy. In the United States, research has shown much of the same, pointing to growth that outsizes that of the world’s panies. What’s less explored are connections between the...
Tyranny, by any other name
Not only does tyranny like to hide behind an unintelligible mass of bureaucratic phrases, but it disguises itself with pleasing and pleasant words. Read More… Many of us have noticed a trend toward the political misuse of words, both in legacy media and on social media. This isn’t a modern trend. In the 6th century B.C., the prophet Jeremiah denounced this same practice among his kinsmen, vividly portraying their deceptive verbal gymnastics as bending the tongue like a bow. They...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved