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Our economic age of anxiety
Our economic age of anxiety
Jul 9, 2025 7:46 AM

“Developed nations are increasingly haunted by doubts about the legitimacy of their economic structures,” says Victor V. Claar and Greg Forster in this week’s Acton Commentary. “This paralyzing anxiety crosses all lines of ethnicity, religion, class, party and ideology.”

This is not a mere selfish concern about who gets how much of what. It is a moral anxiety, a concern about what kind of people we are ing. Is America still a country where it pays to “work hard and play by the rules,” in Bill Clinton’s famous phrase? Or have we e the kind of place where cheaters consistently get ahead and slackers get a free ride—where working hard and playing by the rules is for chumps?

The full text of the essay can be found here. Subscribe to the free, weekly Acton Commentary and other publications here.

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