Suscribe to Weekly RiverCitiesReader.com Updates
* indicates required

View previous campaigns.

items tagged with capitalism

World’s Poor: “We Want Capitalism”
Written By: Jeff Ignatius
Section: Commentary/Politics

Category: Guest Commentaries

2015-09-03 13:37:25

In the forests of India, something exciting is going on. Villagers are regaining property taken from them when the British colonial authorities nationalized their forests. Just as exciting, in urban Kenya and elsewhere, people are doing away with the need for banks by exchanging and saving their money digitally. All over the world, poor people are discovering the blessings of bottom-up capitalism.

Sadly, though, developed-country governments and anti-poverty activists ignore this fact and insist that developing nations need a paternalistic hand up. Both are missing an opportunity, because there are billions of capitalists in waiting at the bottom of the pyramid.

Later this month, the United Nations will formally announce the successors to its Millennium Development Goals, the global body’s approach to poverty alleviation since the year 2000. These new goals will be touted as “sustainable.” The event will coincide with a visit by the pope, at which he is expected to concentrate on climate change and materialism as the greatest threats to the welfare of the people of the developing world.

Don’t expect to hear much on the way people in the Western world lifted themselves out of poverty: free-market capitalism.


Read More About World’S Poor: “We Want Capitalism”...


The Libertarian and Catholic Social Teachings
Written By: Jeff Ignatius
Section: Commentary/Politics

Category: Guest Commentaries

2014-06-25 19:13:24

Roman Catholic leaders from Cardinal Óscar Andrés Rodríguez Maradiaga to Pope Francis himself have made news this year in their criticisms of supposed free-market economies, likening them to a form of idolatry that exploits and denies access to the poor. Because Catholic social teachings emphasize stewardship and aid to the less fortunate, clergymen such as Maradiaga have taken aim at perceived “structural causes for poverty.”

It is in identifying these causes that the cardinal’s fulminations against free markets become problematic. While he can hardly be blamed for supposing that something in relations between rich and poor is amiss, it is his faith in the positive interventions of the state that is the “deception.” Ironically, the “free market” that Maradiaga so sincerely denounces is itself a product of deep and sustained state coercion on a scale not often recognized for what it is. We must therefore distinguish between two ways of employing the phrase “free market,” lest we fall into the trap that caught Maradiaga – the trap of opposing libertarianism in principle without actually understanding the economic system it prescribes.


Read More About The Libertarian And Catholic Social Teachings...


Ted Rall: A Feature, Not a Flaw
Written By: Jeff Ignatius
Section: Lifestyle

Category: Ted Rall

2014-02-12 11:53:14



Ted Rall: Capitalism Transforming China
Written By: Jeff Ignatius
Section: Lifestyle

Category: Ted Rall

2012-04-18 11:58:42



Ted Rall: Capitalism Made Perfect
Written By: Jeff Ignatius
Section: Lifestyle

Category: Ted Rall

2009-08-04 16:22:58





There are 5 items tagged with capitalism. You can view all our tags in the Tag Cloud

<< Start < Previous 1 Next > End >>
Page 1 Of 1