A capitalist (priest) reads ‘Magnifica Humanitas’
I am a capitalist. As a graduate of the Wharton School of the University of Pennsylvania who studied finance, accounting and economics (and worked in corporate finance before entering the Jesuits), I believe that capitalism is the economic system that most efficiently distributes goods and services. Adam Smith’s image of the “invisible hand,” in which self-interest and the desire to make money naturally drive people to respond to market forces in a more efficient way than in any other system, has always made sense to me. And the market (or economy) does best when left alone, not managed by the state. This notion, sometimes called “free-market capitalism,” “laissez-faire capitalism” or “neo-liberalism,” has always rung true.
