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Samuel Gregg Remembers the Thoroughly Catholic Capitalist Michael Novak

Acton Line

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The Transformation of Catholic Economic Thought

This chapter examines the journey of a journalist who became a public intellectual during the Second Vatican Council, focusing on his ideological shift from progressive politics to a more capitalist perspective. It discusses the evolving economic landscape of the 1970s, including the rise of neoliberalism, and the impact of Michael Novak's work on Catholic thought and political engagements. The chapter also critiques liberation theology and its reception within the Catholic community, highlighting the significant influence on economic discussions in the wake of the Cold War.

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