Michael Novak Rebuts Progressive Religious Critiques of Capitalism
Over the past three weeks, on the First Things website, Michael Novak has posted an impressive series of rebuttals to progressive religious critiques of the American economy.
- "Christian Socialism Is Dead! Long Live Christian Anti-Capitalism!" makes the supply-side economic case for low taxes.
- "Religion and Economics, Again" examines the claim that the top 1% of American have increased their income.
- "Religion and Economics III: The Hoary Objections to Capitalism" rebuts recycled criticisms of capitalism based on energy consumption, income inequality, and globalization.
Each of these rebuttals is well worth reading.