Home
/
RELIGION & LIBERTY ONLINE
/
Samuel Gregg: Free Market Stars in Debate
Samuel Gregg: Free Market Stars in Debate
Jul 6, 2025 7:12 PM

Director of Research Samuel Gregg’s thoughts on the debate are up at The Corner. He sees a parallel between the Italian crisis unfolding across the ocean and the problems facing the United States — particularly in Michigan, where this debate was held. The collapse of Italy would certainly be a dramatic illustration of the ings of crony capitalism, and Gregg thinks a candidate could find a majority of voters who don’t want that to happen.

With the Italian-flavored shadow of the European Union’s ongoing financial implosion overhanging the United States, it was expected that America’s own fragile economic state would be front-and-center at this debate.

This time, however, there was less argument among the GOP candidates. Instead, there were far more direct critiques of (1) President Obama and (2) the pattern of crony capitalism with which more and more Americans are visibly losing patience. The debate’ssetting— the state of Michigan — is a living exemplar of all the fallacies of bailouts and business-union collusion, as well as a failure to promote the type of innovation that produces wealth but that also threatens businesses (like the panies) that don’t petition.

Also noticeable was the increased willingness of the candidates to advocate market solutions to any number of problems, the most prominent being America’s ongoing mortgage farce, the looming crisis of student debt, and the inexorable rise in health-care costs. That’s a e development. If this trend keeps up, maybe one of them will make the dismantling of crony capitalism a central plank of his platform. That won’t please the likes of General Electric and the City of Chicago, but there are surely votes there.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
African Bishop: ‘Our Values Are Not For Sale’
Bishop Emmanuel Badejo of Oyo, Nigeria and newly appointed Chairman of Communications for the African bishops, has some strong words for the West. Bishop Badejo believes help for Nigeria in fighting Boko Haram has been withheld because of Nigerians refusal to accept population control tactics from the Western world. In a lengthy interview given in Rome, Badejo discusses his thoughts the Nigerian government, Boko Haram and Western policies and values. In Yorubaland, human dignity and human life are sacred. Christianity...
A Week Of Hellish Religious Persecution
Last week was a nightmarish week. Each day brought forth new violence, visited upon men and women of faith. Attacks against Christians were carried out by both Boko Haram and the Islamic State. Stephen Hicks, a non-believer, shot and killed three young Muslims in North Carolina. Al Qaeda continues to terrorize people in Yemen, and in Copenhagen, a synagogue was the target of a gunman during a bat mitzvah. In November 2012, then-Pope Benedict XVI spoke to members of INTERPOL...
5 Things You Should Know About Washington’s Birthday
Today in the United States is the federal holiday known as Washington’s Birthday (not “Presidents Day—see item #1). In honor of George Washington’s birthday, here are 5 things you should know about the day set aside for our America’s founding father. 1. Although some state and local governments and private businesses refer to today as President’s Day, the legal public holiday is designated as “Washington’s Birthday” in section 6103(a) of title 5 of the United States Code. The observance of...
New Report: Orthodox Monastic Communities in the United States
The Assembly of Canonical Orthodox Bishops of North and Central America has published a new report on Orthodox Monastic Communities in the United States (here). The report contains a lot of great information (“great” for nerds like me, anyway), including a whole section entitled, “‘Monastic Economy:’ Ownership of Property and Sources of e in US Orthodox Monasteries.” According to the report, In summary, the three mon sources of e in US Orthodox monasteries are: Occasional private donations including bequests and...
Battlefield Entrepreneurs: The Secret of Israeli Innovation?
Over the past 60+ years, Israel has emerged as an economic powerhouse despite all odds. With only 7.1 million people, no natural resources, and surrounded by enemies and constant threats, it has somehow managed to attract nearly $2 billion in venture capital. It produces more panies than large countries like Japan, India, Korea, and the United Kingdom, and has panies on the NASDAQ than any country other the United States. Given its range of challenges, how can this be? In...
Unemployment Tied to One in Five Suicides
Unemployment is a spiritual problem. When a person loses their job, they’ve lost a means to provide for their family, an important aspect of their human flourishing, and the primary way they serve their neighbors. With the loss in es a loss in meaning. Not surprisingly, unemployment can have long-term negative effects munities, families, and a person’s subjective well-being and self-esteem. The most disturbing effect of unemployment is the despair that can lead people to take their own lives. One...
Entering The Dark Web To Hunt Human Traffickers
We all use search engines every day. Don’t know a word? Google it. Can’t remember exactly what that restaurant’s address was? Yahoo will know. These search engines (and others) are extremely helpful for our everyday lives; they help us shop, do our jobs, attend to school work and link us to entertainment and games. However, they only scratch the surface of the world wide web. Under that surface is the Dark Web, and it is the playground of human traffickers....
Would Kuyper go to Mars?
In his otherwise excellent work The Problem of Poverty, the Dutch theologian Abraham Kuyper, as a man of his time (the late-nineteenth and early twentieth mended the merits of colonialism as if there were not already people in other lands with their own calling to “till the earth” that God had made. While unfortunate for his time and context, recent events may open up a case in which colonization may be the Christian duty Kuyper believed it to be: Mars....
Rev. Robert Sirico: Remembering The Faith of Oscar Romero
The Rev. Robert Sirico, in The Detroit News today, remembers the faith of slain Archbishop Oscar Romero, whom Pope Francis recently declared a martyr. Rev. Sirico recalls his trip to the church where the Salvadoran archbishop was killed. While on a lecture tour of El Salvador about a year ago, I asked my hosts if it were possible to visit the church where Oscar Romero celebrated his last Mass in 1980. The Salvadorian archbishop was assassinated by a government hit...
Coptic Orthodox Bishop on the Islamic State Mass Murder of Christians in Libya
When asked by the BBC interviewer what he would say to the terrorists if they were sitting in the studio at that moment, the bishop replied: I would say that any religion starts from a premise of a sanctity of life. And no matter what differences there are, this doesn’t justify by any means the taking of a life and especially so horrifically. I pray for them and I pray that somehow hearts are touched. I’m sure that not everyone...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved