Home
/
RELIGION & LIBERTY ONLINE
/
Why capitalism is worth conserving
Why capitalism is worth conserving
Dec 30, 2025 10:08 AM

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
6 Quotes: Supreme Court justices on the ‘Peace Cross’ case
Earlier today the Supreme Court issued its ruling in American Legion v. American Humanist Association—also known as the Bladensburg Cross case. The Court ruled that the 40-foot-tall stone and concrete “Peace Cross” memorial displayed on government-owned property in Bladensburg, Maryland outside Washington, DC does not violate the Establishment Clause. The Court said retaining established, religiously expressive monuments, symbols, and practices is quite different from erecting or adopting new ones. Here are six quotes from the ruling you should know about....
3 Ways to explain religious freedom to an American
This week is “Religious Freedom Week,” a time set aside by the United States Conference of Catholic Bishops to “pray, reflect, and take action on religious liberty, both here in this country and abroad.” In honor of the Religious Freedom Week, here are three explanations about what religious freedom means in America. 1. Basic Explanation Religious freedom is a right, given by God and guaranteed by the First Amendment of the U.S. Constitution, that allows individual people or groups to...
Communism with a Catholic vocabulary?
In the preamble to its constitution, the Industrial Workers of the World proclaimed that it would bring about socialism (which it dubbed “industrial democracy”) by “forming the structure of the new society within the shell of the old.” But can Christian rhetoric be hollowed out to make room for secular leftist principles? According to one observer in Poland, precisely such a program is taking place in Europe. And the leader of Poland’s ruling Law and Justice Party (PiS), Jaroslaw Kaczynski,...
7 Figures: How Americans spend their time
Every year the Bureau of Labor Statistics releases the American Time Use Survey (ATUS), which measures the amount of time people spend doing various activities, such as paid work, childcare, volunteering, and socializing. Here are seven figures you should know from the latest report: 1. In 2018, 89 percent of full-time employed persons worked on an average pared with 31 percent on an average weekend day, the U.S. Bureau of Labor Statistics reported today. Full-time employed persons averaged 8.5 hours...
Russell Moore on socialism: How should Christians think about it?
A plurality of American Christians now believes that capitalism is at odds with “Christian values,” a trend that’s been panied by a range of political leaders and Religious-Left thinkers who promote the patibility of Christianity with expansive state control. Paired with our culture’s growing interest in “democratic socialism,” such arguments are especially worthy of reflection. In a new video, Russell Moore examines this debate, mon plaints against capitalism and asking, “Is socialism consistent with a Christian view of reality?” While...
NHS forces mentally challenged Catholic woman to have an abortion
If it were possible to localize all the pathologies undermining the West into a single incident, a court ruling handed down on Friday might serve as the one. A British judge has ordered a young Catholic woman with “moderately severe” learning disabilities to have a second-trimester abortion against her will, in a case filed by the publicly funded National Health Service. The circumstances are horrific. The mother, who cannot be named, is in her twenties with a mental parable to...
The limits of fiscal policy
Note: This is post #126 in a weekly video series on basic economics. The best case for fiscal policy happens during a recession caused by an aggregate demand shock, says economist Alex Tabarrok. Even so, it’s hard to get it right because the U.S. economy is massive plex. In this video by Marginal Revolution University, Tabarrok highlights the three factors for an ideal stimulus—Timely, Targeted, and Temporary—and notes that all of these characteristics present some problems for enacting fiscal policy....
National healthcare is driving Christian doctors out of medicine
Proponents of a national health care system often describe the program as “all-inclusive.” However, a Canadian court ruling and a new U.S. congressional report show that single-payer health care could permanently exclude faithful Christians. Health care workers in Canada’s national health service must participate in abortion and physician-assisted suicide because they receive government funding, a Canadian provincial court ruled. Wesley J. Smith highlighted the Canadian case at National Review. Physicians argued in court that their constitutional right to conscience is...
Reason, Faith, and the Struggle for Western Civilization is . . . . AVAILABLE!
After a long gestation, I’m happy to report that my book, Reason, Faith, and the Struggle for Western Civilization, published by Regnery Gateway, has just been released and is available for purchase at Amazon. Over the past two weeks, it’s been listed as #1 New Release on Amazon in 5 categories – History of Civilization and Culture; Science and Religion; Ancient Early Civilization History; Church and State; and History of Christianity. The book has already been reviewed in The Stream...
From folkways to institutions: Why culture matters for the economy
In our efforts to reduce poverty and spur economic growth, we can be overly consumed in debates about top-down policy tactics and the proper allocation of physical resources. Yet, as many economists are beginning to recognize, the distinguishing features of free and flourishing societies are more readily found at the levels of culture—attitudes, beliefs, and imagination. According to economist David Rose, for example, “it is indeed culture—not genes, geography, institutions, policies, or leadership—that ultimately determines the differential success of societies.”...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved