Magazine August 13, 2012, Issue

What Can Capitalism Do for Me?

(Win Mcnamee/Getty)
It’s the voter question Romney must answer

The presidential campaign has become, almost by accident, a debate about the future of capitalism. What it is not yet, and may not become, is an honest, intelligent, or productive debate.

Perhaps one should not expect more, given that the debate was set off by cheap shots and a gaffe. Both were President Obama’s, and they dominated the political conversation of mid-July. The president has been hammering Mitt Romney for enriching himself by immiserating other Americans: closing plants, laying people off, sending jobs overseas, all while putting his own money in a Swiss bank account. The Obama campaign is demanding that

Ramesh Ponnuru is a senior editor for National Review, a columnist for Bloomberg Opinion, a visiting fellow at the American Enterprise Institute, and a senior fellow at the National Review Institute.

In This Issue

Articles

Politics & Policy

Calling Cal

Republicans often ask what Reagan would do, but it is hard to answer that question about our current budgetary situation. When Reagan won the presidency in 1980, the federal debt ...
Politics & Policy

The Enemy of My Friend

Presidents who believe in the greatness of America project that greatness in their foreign policy. They cultivate alliances with countries that share American values, confront adversaries that oppose them, and ...

Features

Politics & Policy

Unleash the Mind

America’s wealth is not an inventory of goods; it is an organic entity, a fragile pulsing fabric of ideas, expectations, loyalties, moral commitments, visions. To vivisect it for redistribution is ...
Politics & Policy

Who Gave Us Obamacare?

‘We can no longer afford to put health-care reform on hold.”             It was on February 24, 2009, a little over a month after he assumed office, that President Obama spoke ...

Books, Arts & Manners

Politics & Policy

A Knight to Remember

Where the Batman movies are concerned, I tend toward the contrarian. I’m one of the few people who prefer Tim Burton’s garish Art Deco caricatures to Christopher Nolan’s broody, self-serious ...
Country Life

Flash of Light

During Jack Kerouac’s lifetime, haiku went from being a countercultural affectation to a staple of high-school literary magazines. Kerouac wrote good ones, partly because he loosened the 5-7-5 syllable corset, ...
Politics & Policy

Green Shift

This review should begin with a confession: I badly underestimated Roger Scruton. When I heard two years ago that Scruton was coming to the American Enterprise Institute to write a book ...
Politics & Policy

The Obama Failure

The political timing for Debacle is not coincidental, and Grover Norquist and John Lott’s book may well become the most important arrow striking President Obama’s economic policy. They have written ...

Sections

Politics & Policy

Letters

Must We Think of the Author to Read? I admired Ryan T. Anderson’s review of Natural Law and the Antislavery Constitutional Tradition (“Written on the Mind,” June 25), but I found ...
Politics & Policy

The Week

‐ They’ll stop at nothing, those Republicans — even quoting the president’s words. ‐ At the moment, the Obama campaign’s major message appears to be that Mitt Romney is an outsourcer ...
Athwart

Funeral Audit

Wandered through a few European museums last month. You find yourself looking at the 435th Annunciation, this time by Giovanni Battisti Garbonzo DiLavatrini, and the eyes start to glaze. If ...
Politics & Policy

Poetry

IMAGINE THE UNFALLEN If this old fallen world can look so great, If even fallen birds can have such state They land their narrow fingers on a tree, And make a stem a stage ...
Happy Warrior

In Search of ‘Why’

The media conventions are pretty much chiseled in concrete by now. If a guy guns down large numbers of people while shouting “Allahu akbar!” don’t worry, it’s a one-off, part ...

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