The truth is that all human societies require both liberty and solidarity. Humans are individual and free by nature. But we are also social creatures who need others. The real question is how we realize both dimensions of human existence in the economy.
The November congressional elections are not so much a referendum on the Obama administration as a check on whether President Barack Obama’s implementation of a Bismarckian vision of government will continue.
It was a tough few days last week in Radio Wobegone. And it promises to get tougher in the days, weeks and months ahead. The base of operations for Prairie Home Companion and Car Talk is in serious hot water. National Public Radio dismissed newsman Juan Williams for an on-air discussion he conducted with Fox News host Bill O’Reilly in which Williams confessed discomfort when observing fellow airline passengers dressed in Muslim garb. Although the conversation occurred on another network, NPR’s reaction was swift: Williams was fired, and a hailstorm ensued.
If the recent analysis by the New York Times on the success of the tea party movement is correct, the influence of this movement favoring limited government and low levels of taxation may have a decided impact in the upcoming elections, particularly in holding the Republican leadership’s feet to the fire on a variety of related issues.
This year’s Nobel economics prize was awarded to two Americans and a British-Cypriot for developing a theory that helps to explain why unemployment can persist even when job openings are available.
During September this year, much of Europe descended into mild chaos. Millions of Spaniards and French went on strike (following, of course, their return from six weeks vacation) against austerity measures introduced by their governments. Across the continent, there are deepening concerns about possible sovereign-debt defaults, stubbornly high unemployment, Ireland’s renewed banking woes, and the resurgence of right-wing populist parties (often peddling left-wing economic ideas).
Twenty years ago this Sunday, East and West Germany reunited, capping one of the most extraordinary transformations in modern history. Communism in the Soviet Union and its eastern European satellites had collapsed; the oppressed nations of Europe rejoined the “free world.”
The “creative minorities,” Toynbee held, are those who proactively respond to a civilizational crisis, and whose response allows that civilization to grow. One example was the Catholic Church’s reaction to the Roman Empire’s collapse in the West in the fifth century A.D.
Where union membership is compulsory and the unions themselves are supported by government subsidy, the rightful purpose of labor unions as recognized in Christian social thought is undermined.
The anti-Federalists' works need to be read alongside the more famous Federalist Papers and James Wilson's oratory if Americans hope to restore a sane balance between state and federal power.
Amid the threat of a “double-dip” recession, and the ongoing plight of joblessness across America, this Labor Day is bittersweet for many. For those who have the gift of employment, the right to work can seem more like a privilege. And for those looking for work, the hope of being hired soon can sometimes seem more like a fantasy. But it is precisely in this kind of challenging economic environment that we can most clearly see the blessing that work is both to ourselves and to one another.
Since 2008, there has been much discussion about the contribution of unethical behavior to our present economic circumstances. Whether it was borrowers’ lying on mortgage-applications or Fannie Mae and Freddie Mac’s politically-driven lending policies, there seems to be some consciousness that non-economic factors played a role in facilitating what we already call the Great Recession.