Capitalism and morality.(Thirtieth Anniversary Issue) Public Interest | September 22, 1995| | COPYRIGHT 1995 The National Affairs, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information) Copyright

Twenty-five years ago, the two founding editors of this magazine published important essays on the cultural and moral status of capitalism.(*) Irving Kristol worried that the most intelligent contemporary defenders of capitalism were now mostly libertarians who praised the market because it produced material benefits and enhanced human freedom but who denied that markets had anything to do with morality. Friedrich Hayek, for example, had written that in a free society it is neither desirable nor practicable that material rewards should be made generally to correspond to what ...

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