An attack on the poor, who have been most helped by capitalism

Quote of the Day for Thursday, January 27th, 2011: Robert T. Miller, in February’s First Things, criticizing the continuing latent Marxism in the political economy of Alasdair MacIntyre’s thought, in an article entitled Waiting for St. Vladimir: Capitalism efficiently delivers goods and services, but it is not a perfect system—far from it. To be sure, capitalism has costs of various kinds. It is a key insight of modern economics, however, that all solutions to a given problem have costs, and we delude ourselves if we think we can find a perfect (in the ...

The western world is an end state: the comfy couch at the end of history

Quote of the Day for Wednesday, January 19th, 2011: Walter Russell Mead, writing at The American Interest on the on-going decline – and largely unconsidered future – of the structures underpinning modern life in the West: The word ‘developed’ contains an important assumption: that a historical process known as development (closely related to modernization — another problematic word) not only exists throughout the world, it culminates in a known end which has already been reached.  This word implies that countries like France, Canada and our o...