Jul 24, 2019

National Review defends central planning... in the name of defending capitalism

The tensions that arise among the demands of these different institutions [family, religion, schools, civic associations, political bodies, and more] and the commitments that constitute our social order can often be addressed by individuals setting priorities in their own lives. But there are also instances when dealing with such tensions requires politics. This means that sometimes our economic policy has to be determined by more than purely economic considerations — by our sense of the kind of society we want to be and the kinds of goals we want to pursue together. Overall economic growth is one such vital goal, as surely everyone agrees. But there are other goals that matter, including equity, cultural vitality, social order, family formation, piety and religious liberty, individual and national self-sufficiency, personal liberty and communal self-determination, and moral traditionalism and moral pluralism, among many others. Ordering these frequently competing or contradictory ends in hard cases is part of what our politics is for, and the argument for capitalism cannot be an argument for putting economics above all else.

To suggest that our commitments to market ideals must be moderated in this way, and also that they should be allowed to moderate some of our other commitments, is not to attack capitalism, but to defend it... [C]apitalism needs conservative defenders, and deserves to have them.

~ Yuval Levin, "The Free-Market Tradition," National Review, May 2, 2019

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