Pope Francis, November 20, 2015 (Drop of Light/Shutterstock.com).Reno’s Critique of Globalism Doesn’t Solve Anything
Michael NovakEditor’s note: This essay appeared in Capitalism and the Common Good According Michael Novak: A Law and Liberty Symposium on First Things
For the past 20 years or so, conservatives of all stripes—neo-, paleo-, traditional, libertarian, and more or less everyone in between—have been engaged in a lively debate about the meaning and matter of conservativism. Diverse think tanks, magazines, and symposia, not to mention innumerable blogs of every description, have devoted considerable energy to the task, addressing topics of grand theoretical import no less than practical disputes about candidates, parties, and elections.
Among the more important of these debates are those that occur at the intersection of religion, politics, culture, and political economy. Not so long ago, there was a rough consensus on such matters, not refined enough to satisfy all comers, to be sure, but sufficient to permit operational tactical agreement in opposition to the moral and political threat posed by an aggressive Soviet Union. Michael Novak’s The Spirit of Democratic Capitalism, published in 1982, neatly captured that workable consensus while furnishing a philosophical framework that, among other things, brought depth and breadth to the policies that made Ronald Reagan and Margaret Thatcher such successful politicians. Many of Novak’s arguments even made their way into John Paul II’s remarkable 1991 encyclical, Centesimus Annus.
Getting Global Markets Wrong
Editor’s note: This essay appeared in Capitalism and the Common Good According Michael Novak: A Law and Liberty Symposium on First Things
First Things editor R.R. Reno, a good friend of 25 years, is surely right that Michael Novak’s classic book, The Spirit of Democratic Capitalism (1982), is a work birthed in response to intellectual trends of the 1960s and 1970s.
Capitalism and the Common Good According to Michael Novak: A Law and Liberty Symposium on First Things
Novak-as-Liberationist Won’t Fly
By Michael Matheson Miller
In his recent essay on the legacy of Michael Novak, First Things editor Rusty Reno has explained to longtime subscribers to Richard John Neuhaus’ old magazine where Reno is going with it and why. Observers such as John Zmirak and Joe Carter have wondered at several First Things pieces that shyly or openly make defenses of socialism.
Reno’s piece makes it clear that he disagrees with Michael Novak, and perhaps by implication Father Neuhaus, on the viability of a dynamic, open society—and the economic system that underpins such a system. He is looking for some alternative to the market economy. For him, that involves a number things including succumbing to the allure of what I’ll call “managerial capitalism.”
The merit of Reno’s piece is to provoke discussion about complex issues and to highlight some of the problems we face in the current system of global capitalism. I share some of his worries. Unfortunately, he seems to have let his desire to be provocative overcome a fair and reasonable assessment of Novak, and his analysis of the current state of affairs reveals less about Novak’s flaws than his own. Continue Reading Here
Capitalism According to Michael Novak
I met the late Michael Novak as the lone Protestant attending the first Tertio Millennio Seminar. The first year it was a month-long seminar held in Liechtenstein. The basic form continues today, with around ten U.S. students joining around twenty European students. The European students that first year were mainly eastern Europeans; it was just a few years after the wall fell. Joining Novak in organizing the first seminar were George Weigel, Fr. Richard John Neuhaus, Rocco Buttiglione, and Fr. Maciej Zieba, OP.
The centerpiece of the seminar was focused study of Pope John Paul II’s encyclical, Centesimus Annus and, more broadly, Catholic social doctrine and teaching. Several American works were included at the time as well, including a couple of essays from The Federalist and a few selections from Novak’s book, The Spirit of Democratic Capitalism.
Can Social Justice Be Rescued?
The book Social Justice Isn’t What You Think It Is isn’t what you think it is. The dust jacket of the latest from Michael Novak (with coauthors Paul Adams and Elizabeth Shaw) promises to rescue the term from “its ideological captors” by clarifying “the true meaning of social justice.”
Show Me the Way to Poverty
Pope Francis (L) speaks with Bolivian President Evo Morales during the Second World Meeting of the Popular Movements at the Expo Feria Exhibition Centre, in Santa Cruz, Bolivia, on July 9, 2015. Pope Francis called on a million faithful to reject today's consumer society, at an open-air mass in Bolivia, South America's poorest nation. (CRIS BOURONCLE/AFP/Getty Images)In a recent speech in Bolivia, Pope Francis voiced his indictment of what he calls “the globalization of exclusion and indifference.” Speaking of what he believes to be problems universal to Latin America, he wishes, “May the cry of the excluded be heard in Latin America and throughout the world.” But who, I wonder, are they listening to?
Is the Pope’s Capitalism Catholic?
What would you think of capitalism if you were born in a country that had developed a market economy by the dawn of the 20th Century and was ranked among the ten wealthiest nations per capita in the world—but one hundred years later had dropped to seventieth with little of that wealth having trickled down to the poorest in society? Such was Pope Francis’ experience with capitalism in Argentina and his pastoral letter Evangelii Gaudium cannot be understood without it. We all begin with our culture and his would discourage anyone, especially someone so moved by concern for the poor.
