![]() How exactly government policies will be used to mold capitalism into achieving these goals - many of which go further than economics - is unclear. Its advocates claim it’s an alternative form of conservative governance meant to promote things like tradition, workers’ dignity, religion, order and families, rather than the singular free-market focus of personal liberties and economic freedom. The common good is, of course, a vague and subjective concept, the details of which are hard to pin down. While there are different strains of common-good capitalism, they all have in common the goal of producing a more balanced and stable economy that better serves the nation and its people. ![]() Marco Rubio, R-Florida, at Catholic University in 2019. The wider adoption of the term Common-Good Capitalism (CGC) can be traced back to a speech given by Sen. If common-good capitalism’s criticisms of the free-market and prescriptions for its improvement were ice cream, it would be identical in all but its serving container to what much of the left has been dishing up for decades. As far as I can tell, it’s a lovely-sounding name for imposing one’s preferred economic and social policies on Americans while pretending to be “improving” capitalism. ![]() But what exactly is it, you may ask? That’s a good question. “Common-good capitalism” is all the rage these days with national conservatives.
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