Entries from What's Wrong with the World tagged with 'Capitalism'
Distributism and the American political economy.
In light of the excellent recent posts on the question of political economy from Tony and Jeff, it may be well to review some of the observations and principles which form a wise basis for evaluating that tangled question. Readers...
Posted by Paul J Cella on October 9, 2015 3:09 PM
Brazilian Magnates Inflict Dreadful Austerity on American Workers
Okay, that’s a highly tendentious headline for an article full of interest. It furnishes the canny observer with another aspect of the austerity puzzle. A key ingredient in 3G Capital Partners LP’s recipe for reshaping the U.S. food industry —...
Posted by Paul J Cella on March 27, 2015 4:58 AM
Zippy Catholic on Usury
Our old friend Zippy Catholic has devoted assiduous labor to the study of usury. His great patriotic service to the Republic is opening this field of understanding. Reading it, my mind goes instinctively to one of my favorite quotations...
Posted by Paul J Cella on March 17, 2015 9:05 AM
Criticisms of "capitalism"--in search of a contrast class
A persistent problem that I see in criticisms of "capitalism" is the unclarity in the use of that term, which in turn seems to be a result of the absence of a clear contrast class. Let's take, for example, a...
Posted by Lydia McGrew on July 29, 2013 12:36 PM
A fruitful conversation
I find it remarkable how essentially aesthetic elements keep creeping into the discussion of political economy. Sharp-elbowed dialectics could, of course, present these elements in a harshly critical light — distributists with their romance of small property, hard-currency men with...
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Posted by Paul J Cella on February 20, 2012 8:48 AM
Cianfrocca on the usury crisis
Here is a brilliant post by Francis Cianfrocca on the continuing credit crisis. His analysis ranges widely, from Europe to America and back, while still effectively focusing on certain points of shared emphasis. One is that so much of world...
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Posted by Paul J Cella on June 13, 2011 11:40 AM
Capitalism and hatred of debt
Lydia writes, in the gratitude thread below: I wonder sometimes if it is sufficiently appreciated: A strong free market advocacy combined with a hatred of debt (both individual and national), a tough-love, no-bailouts attitude, and praise for independence and self-reliance...
Posted by Paul J Cella on May 18, 2011 11:50 PM
Cianfrocca takes on all comers
It will be no surprise to anyone that I judge Francis Cianfrocca to be in the top rank of commentators on the American crisis. Without him I would be flying blind in this thing. But note well, my friends who...
Posted by Paul J Cella on August 27, 2010 5:13 PM
Cella series on American Exceptionalism.
Some weeks ago two editors at National Review wrote a striking essay about American Exceptionalism. Today inaugurates a four-part series of mine in response to that essay at The New Ledger, whose generous and intrepid editors have permitted me to...
Posted by Paul J Cella on May 4, 2010 6:29 PM
Fragment on Capitalism and Free Enterprise
Is there a useful distinction between Capitalism and Free Enterprise? I am convinced that the answer to that is an emphatic yes; and that the distinction is vital to a proper understanding of the wreck of our political economy. Free...
Posted by Paul J Cella on December 30, 2009 11:58 AM
Cohen on Kristol
Writing in the latest number of National Affairs, Eric Cohen ably memorializes the “moral realism” of the late Irving Kristol, greatest of the neoconservatives. Cohen’s focus for most of the essay is Kristol’s searching examination of capitalism, which featured prominently...
Posted by Paul J Cella on December 29, 2009 9:38 AM
A Utopia of Usurers*
Michael Lewis has a long article reporting the story of the rise and fall of AIG, the institution that over the course of a single day — Monday, September 15, 2008 — faced collateral calls on its derivatives portfolio...
Posted by Paul J Cella on August 5, 2009 6:31 PM
Morbid optimism, from banks to the streets.
Out amongst the usual street theater that follows a meeting of world economic powers like that held last week in London, the observer will behold a good sample of debased political idiom. The banners read like cant on stilts: "Abolish...
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Posted by Paul J Cella on April 7, 2009 5:28 PM
Technicals and the modern error.
Keynes (right) with Harry Dexter White I was just too stubborn to ever be governed by enforced insanity. I hope one day to be able to say that truthfully. Because right now the Keynesian economic prescriptions I hear everywhere,...
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Posted by Paul J Cella on December 26, 2008 7:55 AM
An encomium to ziploc bags
Lest anyone should think that I've grown tepid in my enthusiasm for the free market from any of my recent comments or from any coming soon, here is a post at my own blog on the greatness of ziploc bags...
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Posted by Lydia McGrew on May 11, 2008 4:02 PM
This is not what capitalism should be
I have said elsewhere that, though it is too vague as it stands, the following slogan seems to me to express an important truth: Things should be themselves. I've even gone so far as to imply that this slogan applies...
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Posted by Lydia McGrew on April 27, 2008 4:05 PM
Chesterton on Defining 'Capitalism' and 'Socialism'
Presented without commentary or emendation: I assure the reader that I use words in quite a definite sense, but it is possible that he may use them in a different sense; and a muddle and misunderstanding of that sort does...
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Posted by Jeff Martin (Maximos) on January 7, 2008 4:32 PM
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