Capitalism, cronyism, and socialism


“Having a heart for the poor isn’t hard. Having a mind for the poor…that’s the challenge.” –Poverty, Inc.
This quote from the documentary Poverty, Inc. highlights the reason why so many people are willing to give their money to foreign aid, without necessarily understanding its harmful effects.  This quote can also shed some light on the recent embrace of socialism by many millennials.
Read more on Capitalism, cronyism, and socialism…

The post Capitalism, cronyism, and socialism appeared first on Acton Institute PowerBlog.

Related posts:
Video: Justice Scalia on Capitalism, Socialism, and Christian Virtue
Jim Wallis, Davos Capitalism, Cronyism, and the ‘New Social Covenant’

Read more at The Acton Institute