Acton Line

The law of conservation of mass dates from Antoine Lavoisier's 1789 discovery that mass is neither created nor destroyed in chemical reactions. Evidence of the past three decades leads Marvin Olasky to suggest a parallel Law of Conservation of Welfare regarding political reactions. In 1995-1996 the first GOP-majority House of Representatives in four decades changed AFDC (Aid to Families with Dependent Children) into TANF (Temporary Aid to Needy Families) but left alone dozens of other programs. As work requirements and time limits reduced the number of AFDC/TANF recipients, programs such as SNAP, SSI, and SSDI expanded. The conservation of welfare is not good for many recipients who would be much better off with challenging, personal, and spiritual help, but changing the law requires a charge from outside current chemical configurations. 

In this episode of Acton Line, Dylan Pahman, executive editor of the Journal of Markets and Morality, and a research fellow here at Acton, interviews Dr. Anne Rathbone Bradley about her lecture at Acton University on “Corporate Welfare and Inequality.” 

In this conversation, this discuss why  the prices of some goods, like education and healthcare, risen at astronomical rates while others, such as video games, remain fairly unchanged in price despite monumental improvements in quality and steady inflation over the decades. Also, what happens when companies use government privilege to secure special favors that push would-be competitors out of markets? What can be done about the unjust inequalities created by corporate welfare?

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Cronyism, Corporate Welfare and Inequality | Acton University 2023

If you asked people to describe our current cast of politicians in America right now, they might say that some, if not most, are slyly taking advantage of the system. They are hoping no one is savvy enough to notice. 

Matt Lewis, senior columnist at The Daily Beast, believes that today’s politicians are an unsavory lot—a hybrid of plutocrats and hypocrites. And it’s worse (and more laughable) than you can imagine. In his new book, Filthy Rich Politicians: The Swamp Creatures, Latte Liberals, and Ruling-Class Elites Cashing in on America, Lewis introduces you to a crop of ivy league populists, insider traders, trust-fund babies, and swamp creatures as he exposes how truly ludicrous money in politics has gotten.

In Filthy Rich Politicians, Lewis embarks on an investigative deep dive into the ridiculous state of modern American democracy—a system where the rich get elected and the elected get rich. Lewis doesn’t just complain: he articulates how Americans can achieve accountability from their elected leaders through radically commonsense reforms. But many of these ruling-class elites have a vested financial interest in rejecting the reforms so desperately needed to rebuild Americans’ trust in the institutions that once made our nation great.

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Filthy Rich Politicians | Amazon

Kevin Vallier, political philosopher and associate professor of philosophy at Bowling Green State University, joins Dan Hugger to discuss Catholic Integralism and his forthcoming book All the Kingdoms of the World: On Radical Religious Alternatives to Liberalism, which publishes with Oxford University Press in September.

What is Catholic Integralism and what is its relation to Catholic Social Teaching? What is its history and the story of its contemporary rise? How has it caused controversy in the broader Church and world? What is the American Integralist theory of social change?How concerned should ordinary people be about this movement? What fuels this sort of deep discontent with liberalism and modernity?

The conversation then turns what a constructive political-theological vision would look like and Kevin’s future plans.

Trust in a Polarized Age | Acton Line

Immortale Dei

DIGNITATIS HUMANAE

They Have Uncrowned Him | Amazon

The Josias

Adrian Vermeule | Harvard

Vatican II's Declaration on Religious Freedom: Revision, Reform, or Continuity? | Youtube

Selections from Three Works | Liberty Fund

Non Possumus | First Things

The Church's Once-Notorious Seizure of a Jewish Child Is Back. Why? | Mosaic

Against David French-ism | First Things

Integration from Within | American Affairs

Liberalism and the Invisible Hand | American Affairs

Patrick Deneen’s Otherworldly Regime | Religion & Liberty

Patrick Deneen and Our Otherworldly Postliberal “Future” | Acton Unwind

Replace the Elite | First Things

What Is To Be Done? | Wikipedia

All The Kingdoms of the World | Oxford University Press

All The Kingdoms of the World | kevinvallier.com

The Revolt of The Public and the Crisis of Authority in the New Millenium | Amazon

In this episode, Father Roger J. Landry, a priest of the Diocese of Fall River, Massachusetts, and Catholic Chaplain to Columbia University in New York City sits down with Sarah Negri, Research Project Coordinator at the Acton Institute, to discuss the social teaching of Pope John Paul II and especially his emphasis on the vocation of the Christian entrepreneur. Father Landry shares some history on John Paul II’s three most famous social encyclicals and elucidates their importance for the ordinary Christian worker. The discussion centers around the Christian vocation to work as a divine injunction, the subjective and objective elements of work, and how the Christian worker imitates both God as creator and Christ as the perfect human model of holy labor. It also touches on the challenges faced by the human worker, including the possibility of alienation, workaholisim, and the toil that accompanies hard labor, as well as solutions to these challenges.

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The Entrepreneurial Vocation (recorded lecture) – Acton University 2023

The Social Teaching of John Paul II (recorded lecture) – Acton University 2023

Laborem Exercens by Pope John Paul II

Sollicitudo Rei Socialis by Pope John Paul II

Centesimus Annus by Pope John Paul II 

The Entrepreneurial Vocation by Fr. Robert Sirico

This week, we’re bringing you one of the plenary lectures from this year’s Acton University, featuring Bishop Robert Barron speaking on “The Philosophical Roots of Wokeism.”

"Wokeism” is arguably the most influential public philosophy in our country today. It has worked its way into the minds and hearts of our young people, into the world of entertainment, and into the boardrooms of powerful corporations. But what is it precisely, and where did it come from? I will argue in my presentation that “wokeism” is a popularization of critical theory, a farrago of ideas coming out of the French and German academies in the mid-twentieth century. Until we understand its origins in the thinking of Adorno, Horkheimer, Derrida, Marcuse, and Foucault, we will not know how critically to engage this dangerous philosophy.

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Word on Fire Catholic Ministries

One of the campaign themes that launchd Bill Clinton into the White House in 1992 was, “it’s the economy, stupid.” While much of our politics is focused today on the culture war, the economy is the one issue that touches everyone. Much of the last few years have been spent concerned about the crushing effects of inflation. Previously on Acton Line, we’ve discussed the causes of the inflation we’ve experienced over the last few years with David Bahnsen — founder, managing partner, and chief investment officer of The Bahnsen Group. Today, David returns as we take a survey of the current state American and global economy, examine what’s happening now with inflation, discuss the housing and rental market, and then explore the economic effectiveness of conservative culture war boycotts.

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Bahnsen.com

There's No Free Lunch: 250 Economic Truths | Amazon

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Today's episode starts with a clip from the trailer for 2009 comedy/drama “The Informant!,” directed by Steven Soderbergh and starring Matt Damon, Scott Bakula, Joel McHale, and Melanie Lynskey. It’s a wild based-on-a-true-story film about Mark Whitacre. In the early-1990s, Whitacre was the corporate vice president and President of the BioProducts Division of the agro-business giant Archer Daniels Midland. Whitacre would go on to become an informant in the FBI investigation into a conspiracy to price-fix lysine, an essential amino acid. At the same time he was informing on his employer to the FBI, Whitacre was embezzling $9 million from ADM in a kickbacks and money laundering scheme. 

It all came to an end a few years later when ADM settled federal charges for more than $100 million and paid hundreds of millions of dollars more to plaintiffs and customers to settle class-action lawsuits. In 1998, Whitacre pled guilty to tax evasion and fraud and was sentenced to nine years in prison.

But what marked the end of this tumultuous period in Mark Whitacre’s life also marked the beginning of his journey to his Christian faith, redemption, and a series of second chances.

Today, Eric Kohn talks with Mark Whitacre about his time as a corporate executive, his time as an FBI informant, his time in federal prison, and how all of this brought him to his Christian faith that he now integrates into his corporate work.

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The Informant! Trailer

MarkWhitacre.com

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It’s 2007. Spider-Man 3 is the top grossing film at the box office. Beyonce’s “Irreplaceable” is the biggest hit song. American Idol is the most watched TV show.

It was also the last time that the United States was at replacement level fertility, which is 2.1 children born per woman. In the years following, through the ups and downs of the great recession, the 2016 election, and the COVID-19 pandemic, the rate has fallen to 1.66 children per woman. When you zoom out, you’ll see that American birth rates have been falling for decades. But this is far from the phenomenon isolated to the United States. The 2020 fertility rate in the U.K. was 1.6. In Germany it was 1.5. Finland hit 1.4. Denmark and Sweden were both at 1.7. In South Korea, it’s a shocking 0.81.

In response to these long-run trends, some have advocated pro-natalist government policies to incentivize more reproduction, or to at least smooth the way for people who want to have more kids. 

But are the policies effective? 

Elizabeth Nolan Brown, senior editor at Reason magazine, says “no.” In the cover story for the June 2023 issue of Reason, Brown surveys the flagging international reproductive landscape and the government policies that have been enacted to address that problem. In the end, she advocates, at a minimum, not panicking.

Today, Eric Kohn talks to Elizabeth Nolan Brown about the falling birthrates, failing pro-natalist policies, and how we should think about a world when fewer and fewer people are expecting.

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Storks Don't Take Orders From the State | Reason

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Anyone of a certain age will remember the massive hit that was “We Are The World,” the Michael Jackson, Lionel Richie, and Quincy Jones produced charity single by USA for Africa. The considerable profits from the that hit song went to the USA for Africa Foundation, which used them for the relief of famine and disease in Africa and specifically to 1983–1985 famine in Ethiopia.

Even though Africa is an enormous and diverse continent with 54 sovereign countries, many people in the United States, and the west more generally, were left with the impression of Africa as destitute and poverty-stricken.

What they may not realize is the enormous amount of growth and development Africa has been seeing. To help us better understand this growth and development, particularly in the country of Nigeria, today Eric Kohn talks with Wiebe Boer and Danladi Verheijen.

Wiebe Boer is the president of Calvin University, here in Grand Rapids, MI, and Danladi Verheijen is the co-founder and managing partner of Verod Capital Management, a leading West-African private equity investor. Eric talks to them about their experiences growing up in Nigeria, and what they are seeing with the booming growth that country is experiencing.

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