America Archives - Page 58 of 58 -

The First Step in our “Return to Order”

by John Horvat II March 23, 2021November 14, 2012

As a solution to our alarming socio-economic crisis, we have proposed “a return to order.”

In so doing, we have endeavored to look beyond the impending collapse and outline the timeless principles of an Organic Christian order that addresses certain yearnings that modern man senses in the depths of his soul.

Such a depiction cannot fail to suggest the figure of the Prodigal Son who, having left his father’s house for the “frenetic intemperance” of a dissolute life, realizes the gravity of his error and longs to return. In looking for our solution, we believe we must follow a similar path.

Like the Prodigal Son, our first step must be to realize that we have erred. We have followed a path to ruin amid the din of the great party of frenetic intemperance.

In the course of these considerations we have sought to show how we have erred. Our error was not the fact that we enjoyed the enormous bounty of our great land but rather it was our flight from temperance.

The Credit Binge: An Example of Frenetic Intemperance

by November 21, 2013November 12, 2012

A concrete example of frenetic intemperance can be seen on the part of consumers who seek to free themselves from all restraints so as to gratify instantly their desires.

The most common manifestation of this can be found in the explosion of easy credit. According to marketing professor James A. Roberts, the average American consumer has a total of thirteen credit obligations which include mortgages, car loans, student loans and an average of nine credit cards (including store cards).

This is the Vice that Drags Down our Economy

by November 29, 2016November 10, 2012

Frenetic intemperance is a term we coined to describe a restless and reckless spirit inside certain sectors of modern economy that foments a drive to throw off legitimate restraints and gratify all desires.

Perhaps the most obvious example of frenetic intemperance is that of the speculative
bubble of the 2008 sub-prime mortgage crisis. It is a textbook case of what can go wrong in modern economy.

Free Book: Return to Order: From a Frenzied Economy to an Organic Christian Society—Where We’ve Been, How We Got Here, and Where We Need to Go

Financial Crisis

What happened during this crisis? All the parties involved simply threw caution to the wind and succumbed to spirit of reckless abandon. Homebuyers took out loans, which were called them “liar loans” since the prospect did not have to provide proofs for the information on the loan application. These homebuyers took out these loans without any money down and sufficient income to pay.
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Bankers and mortgage companies recklessly extended loans to prospects knowing them to be risky and even encouraging risks to make more profits by selling them to brokers. Brokers bundled up these mortgages and sold them to investors knowing that many of them were risky or “sub-prime.” Many brokers simply did not care about these dangers since they merely charged brokerage fees and passed the risk on to investors.

What Happened on Election Day

by John Horvat II January 19, 2017November 9, 2012

Usually we go to polls to decide which of the two parties will best represent us as a nation. However, on this Election Day, it was as if two nations battled it out and we decided on which one would rule over the other.

This is something that has been building up for decades. The red and blue states have solidified into defined regions to the point we have grown accustomed to seeing maps of our vast red heartland and our blue-spotted urban seaboards. In addition, a Culture War has long divided the nation over the hot button issues of abortion and homosexuality.

However, in past elections, there was a concerted attempt to patch over these differences. Back then, we had recourse to an American consensus that says that despite our differences we must all get along. It used to be that everyone tried to speak in a common patriotic language and follow a vaguely universal American culture. It was always believed that if everyone could just rally in their own way around the triple banner of God, family and country, we could happily remain one indivisible nation.

Economy without the Human Element

by John Horvat II November 21, 2013November 7, 2012

In today’s frenetic globalism, the rusty steel girders of the industrial age have now become barriers themselves and are being hurled down and scrapped. From the ruins of our rust belts, fiber optics cables are spinning the web of a new networked global society radically different from our own.

Such advances break down not local but national trade, political and economic barriers and create ever bigger global networks and structures. At the same time, the cables that connect also bind since all are tethered to these giant networks and are subject to their rules.

Thus, we see the framework of a global economy being built where huge markets are opened, but the regulations of new supranational structures impose themselves upon the nations as can be seen in global trade rules, monetary unions or even the Kyoto protocols.

Likewise, the same technologies that supposedly empower the individual to pursue his own happiness, also power the massive databases of intrusive government that pry into the private lives of individuals, record his every movement and monitor the operation of markets.