Capitalism: The Continuing Revolution

When I wrote The Capitalist Revolution five years ago, the word revolution was, of course, intended to denote the fundamental changes, the radical transformation, that capitalism brings about in a society. It did not imply an overthrow of existing regimes and, alas, did not constitute a prediction . . . . Continue Reading »

Editorial: That Encyclical

We do not ordinarily publish official church statements. In fact, we never have before. This issue, however, includes a condensed version of John Paul II’s ninth encyclical, Centesimus Annus (“The Hundredth Year”), issued on the centenary of Leo XIII’s Rerum Novarum (“New Things”).Any . . . . Continue Reading »

The Rich, the Poor, and Reaganomics

When we come to measure the success of a presidency, it matters a great deal whether the administration in question made life better or worse for the poor. A culture whose values spring from Judaism, Christianity, and a compassionate humanism cannot be satisfied unless the poor are well cared for. . . . . Continue Reading »

Race and Urban Politics

The Closest of Strangers: Liberalism and the Politics of Race in New York by jim sleeperw. w. norton, 345 pages, $21.95 Most Americans have the sense that something went terribly wrong in the nation’s big cities sometime in the middle of the 1960s. Since then, urban areas have been perceived . . . . Continue Reading »

Capitalism and the Disorders of Modernity

For most people in America, all those not familiar with the complicated ideological positioning on the right end of the political spectrum, the term “conservative” evokes images of the board room, the country club, and the Episcopal church located not far from the latter. In other words, the . . . . Continue Reading »

Constitutionalism and Modernity

Confronting the Constitution: The Challenge to Locke, Montesquieu, Jefferson, and the Federalists from Utilitarianism, Historicism, Marxism, Freudianism, Pragmatism, Existentialism edited by allan bloom aei press, 552 pages, $24.95 Everywhere the institutions and ethos of democratic governance . . . . Continue Reading »

Christians and Economic Development

The 1980s may well be looked back upon as a decade of intellectual reformation in the so-called North-South debate. A burst of revisionist thinking has affected recent discussions of Third World economic development and may offer a harbinger of better policies vis-a-vis the world’s poor. There . . . . Continue Reading »