Free Market
Thomas Woods and His Critics, The Austrian vs. Distributist Debate Among Catholics
Christopher Blosser:
As a young convert I was very much intrigued by the ongoing discussion between Richard J. Neuhaus, George Weigel, Michael Novak and Fr. Robert Sirico — and their critics, ranging from David Schindler (editor of Communio) to Tracey Rowland and Alisdair MacIntyre. This has sometimes been described as a debate between ‘Catholic neocons’ and ‘Catholic paleocons’; ‘Whig-Thomists’ vs. ‘Augustinian Thomists’ (the latter by Tracey Roland in a famous two-part interview with Zenit).
The discussion was centered on such questions as:
One of my chief sparring partners online was David Jones, founder of the blog la nouvelle theologie. While my time of late has been preoccupied with readings in other subjects (and other pursuits), David has kept up with new developments in this ongoing discussion. Among them, the recent exchanges between Catholic-traditionalist-turned-libertarian Dr. Thomas Woods and his chief critics, Thomas Storck and Christopher Ferrara (of The Remnant)– about which David would like to offer the following remarks in a guest post:
Markets and Morality: Ron Paul and Wilhelm Ropke
The relationship between markets and morality has been the subject of analysis and sometimes intense debate for centuries, since Aristotle wrote chapter 1 of The Politics and possibly sooner. I myself have participated in many of these debates, and the position I would typically take is that markets were either amoral at best, or a cause of vice at worst. There are many Catholics and many Distributists who probably share the same view. They will concede and even embrace the fact that the Papacy has not categorically condemned market activity, but they will spend the majority of their time highlighting why markets ought to be regulated and taxed, why we need welfare programs, labor unions, and all of the rest.
I have written extensively against a phenomenon called consumerism, which is also heavily critiqued in the Papal encyclicals. But it would be wrong to associate consumerism, which is a byproduct of mass production and communications technology, with market activity as such, since it pre-dates industrial society by thousands of years.
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