A great book
Defending the Free Market: The Moral Case for a Free Economy by Father Sirico.
Socialism has been discredited. The totalitarian states of the twentieth century have collapsed. And we beneficiaries of the globalized world economy are grateful that we enjoy plentiful food, clothing, shelter—and cheap electronics. But can any moral person really be for capitalism? Consumerism is an appalling spectacle, with Americans glutting themselves on all kinds of excess, while people in the developing world starve. The rich seem to be hogging far more than their share of the world’s resources. Free markets may be efficient, but are they fair? Aren’t there some things—life-saving health care, for example—that we can’t afford to leave to the vicissitudes of the market? Now, in
Defending the Free Market: The Moral Case for a Free Economy, Father Robert Sirico—a Catholic priest, former leftist associate of Jane Fonda, and now a longtime champion of the free market—answers all these objections.
Father Sirico is founder & President of the Acton Institute.
The Acton Institute for the Study of Religion and Liberty is named after the great English historian, Lord John Acton (1834-1902). He is best known for his famous remark: “Power tends to corrupt, and absolute power corrupts absolutely.” Inspired by his work on the relation between liberty and morality, the Acton Institute seeks to articulate a vision of society that is both free and virtuous, the end of which is human flourishing. To clarify this relationship, the Institute holds seminars and publishes various books, monographs, periodicals, and articles.
The mission of the Acton Institute is to promote a free, virtuous, and humane society. This direction recognizes the benefits of a limited government, but also the beneficent consequences of a free market. It embraces an objective framework of moral values, but also recognizes and appreciates the subjective nature of economic value. It views justice as a duty of all to give the one his due but, more importantly, as an individual obligation to serve the common good and not just his own needs and wants. In order to promote a more profound understanding of the coming together of faith and liberty, the Institute involves members of religious, business, and academic spheres in its various seminars, publications, and academic activities. It is our hope that by demonstrating the compatibility of faith, liberty, and free economic activity, religious leaders and entrepreneurs can contribute by helping to shape a society that is secure, free, and virtuous.
acton.org/