J.R.’s Zaphne Blog News for 05-06-2018

Capitalism Is Good and Good for You

Fr. Sirico: Faith and free markets work well together. Similarly tedious but necessary is the duty of defenders of free-market capitalism to point out to friends on the left that, no, we do not believe in the Gospel of Gordon Gekko, either. The case for a free economy must be made, as Arthur Brooks has recently written in National Review. Father Sirico’s defense is partly autobiographical. 

From that moment, Sirico continued to think about what kind of society he really did want and what part free markets played in it. As Sirico returned to his childhood Catholic faith, he realized a definite compatibility between the vision of humans assumed by free-market economics and the vision he had been taught in the catechesis of his youth. Made in God’s image, man is a free being who is creative and in mutually dependent relationships with others. Unlike the leftists he was leaving, Sirico realized that justice was indeed important – but so were mercy and charity. The first is that in contrast to Catholics on the left who imply that Democratic budgets are the natural outgrowth of the Nicene Creed, Sirico is not claiming a dogmatic status for any particular belief about free markets; he is only noting congruities between faith and free-market reasoning. 

Capitalism may be the system that produces the most material wealth. What makes Sirico’s defense of a free economy all the stronger is his consistent acknowledgment that a functioning free market neither immanentizes the eschaton, making heaven on earth, nor makes a society virtuous or whole. Homo economicus may be a useful abstraction for certain economics problems, but the human capital of love, loyalty, and sacrifice is the kind of capital required for a successful capitalism. 

Keywords: [“Sirico”,”free”,”Market”]
Source: https://www.nationalreview.com/2012/06/capitalism-good-and-good…

Hope Springs Eternal: Conscious Capitalism In The Cannabis Industry

Unlike any other industry, entrepreneurs in the field of cannabis have had to overcome legal barriers and social stigma in order to pave the road toward a healthier, more sustainable, prosperous future. As we discussed during our interview with Quddus last month, social responsibility is a driving force for many cannabis entrepreneurs who often risk a lot to enter a controversial industry with the eternal hope that, some day, the barriers will be gone. Nowhere is that more evident than in the hemp industry. Now that more states are embracing hemp regulation, hemp is offering new hope for farmers to capitalize on its potential for lucrative returns. It’s providing doctors and scientists with opportunity to transform the field of medicine and save lives with new cures where conventional pharmaceuticals have failed. 

It’s also providing a new generation of innovators with opportunity create sustainable industry by replacing dangerous pharmaceuticals with natural therapies and toxic petrochemicals with a cost-effective, carbon neutral raw material. Not only can hemp drastically reduce our dependence on fossil fuels, it also has remedial applications for restoring carbon, remediating toxic waste and protecting our precious forests, water tables and natural resources. When asked why they risked their own careers, financial security and personal freedom to enter the field of cannabis, chances are most of the industry’s entrepreneurs will say it’s because they believe in its potential to make the world a better place. Most will tell you that it’s the most gratifying career shift they have ever taken. Both are conscious capitalists who entered the realm of cannabis to improve lives and make a difference. 

Keywords: [“hemp”,”industry”,”cannabis”]
Source: https://www.thecannabisreporter.com/hope-springs-eternal-conscious…

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Keywords: [“Download”,”pdf”,”enter”]
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