“It is as hard for a rich man to enter the kingdom of heaven as a camel to pass through the eye of a needle.” This was one of the pictorial worms inserted in our minds by an earnest and persuasive Sunday School teacher. It was a fantastical image that I turned over in my...Read More

Karl Marx’s prediction was that capitalism would lead to the numbers of wealthy property owners (the bourgeoisie) becoming smaller and smaller, while everyone else sank into an immiserated proletariat, which would eventually revolt to overthrow its masters and introduce a new socialist order. During the century after his death, his analysis was invalidated by two...Read More