Home
/
RELIGION & LIBERTY ONLINE
/
Why capitalism is worth conserving
Why capitalism is worth conserving
Feb 27, 2026 3:15 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
Lessons in Human Dignity from a Homeless Man’s Makeover
In a new video from Dégagé Ministries, a non-profit based in Grand Rapids, Mich., Jim Wolf, a formerly homeless U.S. Army vet, receives a striking physical makeover. The video was created for a Veteran’s Day fundraising campaigndesigned to raise money for homeless and disadvantaged veterans. As their web site states, “Dégagé’s goal is to assure that every man and woman who we serve knows that he/she is not alone.” Offering a host of services to 400-500 people daily, from meeting...
It’s Time To Rethink Food Stamps
Michael Tanner of the Cato Institute released a recent policy analysis that raises important questions about whether or not we pletely re-conceptualize how to provide food for the truly disadvantaged. In “SNAP Failure: The Food Stamp Program Needs Reform” Tanner argues The Supplemental Nutrition Assistance Program (SNAP) is currently crippled by high administrative costs, significant fraud and abuse, and weakening of standards. Tanner notes that SNAP breeds greater dependence on government, and, even worse, seems to have negligible long-term effectiveness...
France: What Not To Do
Since the French Revolution, Americans have glanced over to our friends across the Atlantic Ocean as a model of what a country should not do. That tradition continues. France’s centralized planning of the economy, health care, education, the family, religion, and so on is not working. The New York Times reports: The pervasive presence of government in French life, from workplace rules to health and education benefits, is now the subject of a great debate as the nation grapples with...
Solomon’s Economic Proverbs
When given the choice to possess whatever he asked for, theyoung King Solomon asked God for wisdom. Not “the ability to ask for more things,” or “x-ray vision,” but wisdom. An overview of the wisdom Solomon accrued in his memorable life was, for our sake, recorded in the book of Proverbs. Proverbs has some definitive things to say about matters related to how we might, as Christians, organize our lives munities) economically. The concept of wealth is a tough one...
Ender’s Game: What Does the Formic Say?
Over at Think Christian, I take another look at Ender’s Game, focusing on the leitmotif of understanding munication in Orson Scott Card’s work. This applies particularly to munication. We might, in fact, riffing off the Norwegian parody pop song, say that the central question of Ender’s Game is, “What does the Formic say?” Ender is the only one with the genuine curiosity to find out, and doing so is how he moves beyond his bloody calling. What we find out,...
Limited Time Free eBook Offer: An Orthodox Christian Perspective on Environmentalism
Beginning today, Acton is offering its first monograph on Eastern Orthodox Christian social thought at no cost through Amazon Kindle. Through Tues., Nov. 12, you can get your free digital copy of Creation and the Heart of Man: An Orthodox Christian Perspective on Environmentalism (Acton Institute, 2013). The print edition, which runs 91 pages, will be available later this month through the Acton Book Shop for $6. When the free eBook offer expires, Creation and the Heart of Man will...
Kirk, Acton, and the Imperishable Tradition
As noted earlier this week on the PowerBlog, 2013 marks the 60th publication anniversary of Russell Kirk’s The Conservative Mind: From Burke to Eliot. This monumental work’s significance derives from its encapsulation of several centuries of conservative thought – fragments, to borrow liberally from T.S. Eliot, shored against the ruins of mid-20th century liberalism, relativism and other brickbats of modernity. The importance of Kirk’s book (as well the remainder of his extensive body of work) should be obvious to those...
‘An Act Of Hope’: U.S. Diplomacy And The Vatican
In Francis Rooney’s book, The Global Vatican, Rooney quotes Pope Benedict XVI regarding diplomacy, that it is, “in a certain sense, an act of hope.” This is an apt description of the work of diplomats, especially those associated with the Vatican. As Rooney points out, The es to the table with no threats, no bullets, no drones; he has no stick and no carrots. es simply as a man of faith, armed with words and beliefs. His is the ultimate...
Veterans Give Us the Liberty to Forget Them
Spend a day with your local military recruiter, and you’ll be encouraged by the number of people who go out of their way to say how much they support our troops and how much they appreciate the service of these young veterans. Then watch as the recruiters casually ask when they’ll be bringing their son or daughter to the recruiting station to learn more about serving their country. Their spines stiffen, they smile blankly, and a es over them. If...
Veterans Day Round-Up
In honor of all the men and women who’ve served in our nation’s Armed Forces to protect and defend our liberty, we’ve rounded-up recent posts regarding veterans and the military. Catholic Military Chaplaincy: War-Mongering Or Christlike Service? Do You Feel a (Military) Draft? Colonel Bud Day, the Hanoi Hilton, and the Problem with Military Secularism Chaplains Concerned About Supreme Court’s DOMA Ruling 7 Great Books for Memorial Day Will the Pentagon Court-martial Servicemembers for Sharing Their Faith? Men of God...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved