Greed isn’t good but capitalism is. And, no, contrary to what Hollywood stereotypes like Gordon Gekko might have us believe, capitalism is not synonymous with greed. Greed, of course is a sin. But Reverend Robert Sirico, the Catholic priest who founded the Acton Institute for the Study of Religion and Liberty says the principles capitalism and morality to be perfectly in sync. In fact, one of his organization’s key projects is PovertyCure – From Aid to Enterprise, an initiative built on the idea that entrepreneurial solutions are more apt than government programs to lift people out of economic distress. “What is better for people in developing countries?” Sirico asks, “Is it trade or is it aide?”
Reverend Sirico is also the author of Defending the Free Market: The Moral Case for a Free Economy in which he argues that, no matter what Hollywood may tell you in its movies and TV shows, a free economy actually promotes virtues like charity, selflessness, and kindness.
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