Home
/
RELIGION & LIBERTY ONLINE
/
Why capitalism is worth conserving
Why capitalism is worth conserving
Jul 8, 2026 1:39 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
#BringBackOurBoys Too
Boko Haram, the militant Islamist group in Nigeria, is infamous for kidnapping girls. Last year, everyone from Wall Street to Hollywood got in on the [ineffective] #BringBackOurGirls social media campaign after Boko Haram kidnapped dozens of Christian school girls. But what about the boys? Boko Haram has a pseudo-military arm. Which means they need soldiers. And they can’t recruit legitimately. That means they kidnap boys. Many are themselves victims of terror: child soldiers, abducted from their families and forced to...
Explainer: What You Should Know About the OPM Hack
What is the “OPM hack”? The “OPM hack” refers to a massive data breach in which hackers, believed to be based in China, acquired personnel records of federal employees from the Office of Personnel Management (OPM). What is the OPM? The OPM (Office of Personnel Management) serves as the human resource department for the federal government. Among other duties the agency conducts background investigations for prospective employees, issues security clearances, piles records of all federal government employees. How many records...
7 Supreme Court Cases To Watch This Month
June is a busy month for the Supreme Court. The Daily Signal has given us a tidy round-up of seven cases to keep an eye on. Reed v. Town of Gilbert: This is a free speech case.The Good News Community Church in Gilbert, Ariz., uses signage to promote events at the church. The town has codes regarding signage, and the church says they are not fair. For example, the church is allowed to put signs for only 12 hours before...
Underpopulation and the Value of Children
For the past hundred years, mon worry about population was that we’d soon have more people than the Earth could sustain. Today, we have the opposite concern: In the near future, there may not be enough people to support an increasingly aging population. To simply maintain its current population, a country needs the average number of children born to women in their country (over her lifetime) to be 2.1. Few industrialized e close to that replacement rate: Ireland (2.0), Australia...
Isolation and Self-Sufficiency: The Logical Ends of Protectionism
When es to free trade, critics insistthat it hurts the American worker — kicking them while they’re down andslowly eroding munal fabric of mom-and-pops, longstanding trades, and factory towns. Whether es from a politician, labor union, or corporate crony, the messaging is alwaysthe same: Ignore thelong-term positive effects, and focus ontheCapitalist’s conquest of the Other. Trouble is, the basic logic of such thoughtleads straight back to the Self. I recently made this point as it pertains to immigration, arguing thatsuch...
The ‘Deeper Magic’ of Sphere Sovereignty
I was reading through Abraham Kuyper’s inaugural speech at the founding of the Free University in Amsterdam, in which he lays out his vision of “sphere sovereignty,” and this passage struck me as particularly noteworthy. It is reminiscent of the appeal that Aslan makes to the “Deeper Magic” wrought at the dawn of creation in Narnia (and by which, incidentally, he es the tyrannical claims to absolute sovereignty made by the White Witch): Sphere sovereignty defending itself against State sovereignty:...
Finding Sin and Grace On the Road to Character
“New York Times writer David Brooks’ new book, On the Road to Character, examines what it takes to create a virtuous life,” says Elise Hilton in this week’s Acton Commentary. “The author’s central question: Does a person of character focus solely on building on one’s strengths or does he confront and improve his weaknesses?” It is an interesting topic for a man who makes his living writing pithy, sometimes political, columns in a very secular newspaper. While Brooks is Jewish,...
New Wave Of Unaccompanied Minors Into U.S.?
The summer of 2014 saw an overwhelming amount of children making their way, illegally, across the southern U.S. border. Thousands of children and adolescents overwhelmed the Border Patrol and social service agencies. Are we gearing up to see the same type of event this summer? It’s beginning to look that way. We are not nearly at the numbers we were last year, but it looks like we are in the opening stages. We had two groups equal a little over...
Michigan Lawmakers Approve Legislation Allowing Adoption Refusals on Religious Grounds
Every year about 400,000 children spend time in our nation’s foster care system, with roughly 100,000 eligible for adoption. Yet despite this urgent need for parents, note Sarah Torre and Ryan T. Anderson, “various states have adopted policies that would require faith-based providers to place children with same-sex couples, in violation of some agencies’ deeply held beliefs that children deserve a mom and a dad—effectively forcing these agencies out of adoption and foster care service.” In a refreshing change from...
Why Family Is Central To A Healthy Society
In this short video, Allan Carlson of the Howard Center for Family, Religion & Society describes the importance and centrality of the family to a health society. Families that work together in some endeavor tend to be healthier, are able to care for themselves and thus e the foundation of a sound economy and society. ...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved