Tag Archive for ‘capitalism’
Should Mitt Romney be nominated, he will need to make a national address defending his career at Bain Capital with the same conviction and passion with which he defended his faith in the campaign of 2008.
It is difficult to convey the effect these now familiar paradoxes must have had upon Jesus’ listeners. The conventional wisdom (not just of Jews but of Greeks and Romans) is turned on its head. Success is what mattered in the ancient world. Good fortune, wealth, and power were signs of divine favor.
This very limited discussion of Epictetus is intended as a contribution to the wider discussion of capitalism and Christianity. I do not intend to explore the intricacies of Stoic thought, either its merits or errors, but to show quite simply that, quite apart from Christianity, there is an ancient and distinguished tradition of moral philosophy that provides a severe critic of the consumerist ethos.
Libertarians and capitalists write as if there were some natural or divine force known as “the market.” There is no such thing. There is no MARKET, only markets, and a market is a place where people exchange goods and services, sometimes but not always for money.