TITLE

An Apology for Democratic Capitalism

AUTHOR(S)
Novak, Michael
PUB. DATE
January 2009
SOURCE
First Things: A Monthly Journal of Religion & Public Life;Jan2009, Issue 189, p39
SOURCE TYPE
Periodical
DOC. TYPE
Essay
ABSTRACT
An essay is presented discussing the viability of free markets and democratic capitalism. It discusses how socialistic responses to the 2008 financial crisis are inappropriately reactionary vis-à-vis the long-term success of capitalist societies in lifting people out of poverty. Subjects under discussion include Catholic social thought in regard to economic philosophies, the threat of over-regulation, the impact of derivative securities, and the moral implications of a nationalized economy.
ACCESSION #
35870936

 

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