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The spirit of capitalism

lawliberty.org

“A spectre is haunting capitalism,” says Paul Mueller – “the spectre of ‘higher things’.” An increasing number of thinkers on the right say that free enterprise and free trade have failed to deliver “cultural and spiritual goods” to large swathes of the population. Capitalism lacks soul, they say – we need “common-good capitalism” instead, a system that doesn’t glorify materialist consumption and greed, but gives virtue, justice, community and worship their proper place.

This makes the same mistake as some religious ascetics. Humans are both physical and spiritual beings, and it’s a mistake

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