70 Year Magazine Archive

Economic Reds: A Diagnosis

by Michael Novak

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MORE amusing than apocalyptic Greens are economic Reds. An economic red is not necessarily a socialist; he does not necessarily believe in, for instance, the abolition of private property, the planned economy, or treating profit as an anti-social crime.

He does not necessarily think being rich is evil; in fact, some economic reds are quite rich themselves, and enjoy being rich. He is, however, gripped by three seductive fascinations – the views that 1) government is motherly and warm, 2) a halo attaches to the “leveling” of economic differences, and 3) there exists in corporations and in those who profit from commerce a residual stench of evil.

Michael Novak

About the Author

Michael Novak

Michael Novak was a Catholic philosopher, journalist, novelist, and diplomat.

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