We are not alone in our suspicions that this restless spirit of frenetic intemperance has long been at work gnawing at the bowels of Western economy.
So clearly does it appear that many have observed the effects of this mysterious drive and tried to
identify it. Pius XI associates it with the force of “disordered passions.”[2] Still others, like Max Weber, refer to activities of an “irrational and speculative character.”[3] Sociologist Robert Nisbet complains of a
“mental feverishness,”[4] while on the other end of the spectrum economist Robert Heilbroner speaks of a “restless and insatiable drive.”[5] Hyman Minsky refers to an “inherent and inescapable” instability.[6]
These are a few of many who have all sought to label this force without naming its cause.
We contend that the cause of this terrible force does have a name: it is called Revolution.[7]
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“[2] Pius XI, encyclical Quadragesimo Anno (1931) in The Papal Encyclicals ed. Claudia Carlen (Raleigh, N.C.: McGrath, 1981), vol. 3, p. 436, no. 132.
[3] Max Weber, The Protestant Ethic and the Spirit of Capitalism, trans. Talcott Parsons (New York: Charles Scribner’s Sons, 1958), 20-21.
[4] Robert A. Nisbet, Twilight of Authority (Indianapolis: Liberty Fund, 2000), 90.
[5] Robert Heilbroner, The Nature and Logic of Capitalism (New York: W. W. Norton, 1985), 42.
[6] Hyman P. Minsky, Stabilizing an Unstable Economy (New York: McGraw Hill Companies, 2008), 134.
[7] See Plinio Corrêa de Oliveira, Revolution and Counter-Revolution, 3rd ed. (York, Pa.: The American Society for the Defense of Tradition, Family and Property, 1993).”
Excerpt From: John Horvat. Return to Order