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John Paul II On The Moral Basis Of Capitalism

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Tom Woods cites Pope John Paul II on the moral basis of material prosperity:

“According to John Paul II, “The moral causes of prosperity . . . reside in a constellation of virtues: industriousness, competence, order, honesty, initiative, frugality, thrift, spirit of service, keeping one’s word, daring — in short, love for work well done. No system or social structure can resolve, as if by magic, the problem of poverty outside of these virtues.” These are precisely the virtues that the market economy fosters.

These ideas are not foreign to Catholic tradition: The Late Scholastics of the 16th and 17th centuries favored an economy very largely free of government controls, and John Paul II’s Centesimus Annus (1991) reflected an increasing appreciation for the moral and material benefits of non-coerced economic exchange.

The less heed we pay to slogans and propaganda, and the more we study the question on its merits, the more attractive does the market become.”

Tom Woods On Pro-War “Progressives”

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The always thoughtful Tom Woods unmasks so-called “progressives”:

“Just weeks ago, Think Progress, after a one-sentence summary of my career that (as usual) left out the past 16 years, actually quoted Max Boot against me, as if Boot’s opposition to my work was sufficient to bury me forever. So instead of an antiwar libertarian, these progressives prefer neocon Max Boot, who according to Juan Cole “never saw a war he didn’t love, never saw a conquest he didn’t find exhilarating, never saw an occupied land he didn’t think could be handled.”  They approvingly quoted Boot’s dumb-guy propaganda line that “Woods’ sympathy extends not only to slave-owning rebels but also to German militarists” (because, like 99 percent of people who have studied the matter, I think Woodrow Wilson’s conduct during the early years of World War I was based on a double standard between Britain and Germany).  This is the same sense in which Ron Paul “sympathizes” with al-Qaeda because he doesn’t buy U.S. war propaganda. (I did reply to Boot, by the way.)

And these are the progressives”

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