american enterprise institute

Asked to Embrace Capitalism, the Dalai Lama Demurs

The Dalai Lama, the spiritual leader of Tibetan Buddhism, speaks to the American Enterprise Institute. RNS photo: Lauren Markoe

Some of the brightest pro-business minds in the nation prodded the Dalai Lama on Thursday to offer a warm endorsement of capitalism.

But during an appearance by the spiritual leader of Tibetan Buddhism at the American Enterprise Institute, one of the world’s most stalwart and, in conservative circles, respected free enterprise think tanks, they came up short. 

The Dalai Lama was the star participant in a morning of panels on “moral free enterprise” and “human happiness.”

Asked by AEI President Arthur Brooks and Columbia Business School Dean Glenn Hubbard whether he agrees that the free enterprise system is the most moral of economic systems, and why he thinks the U.S. is the richest nation on earth, the Dalai Lama answered in broken English with his own question: What do you mean by rich?

Is Free Enterprise Moral?

Arthur Brooks, Gordon's President D. Michael Lindsay and Sojourners CEO Jim Wall

Arthur Brooks of the American Enterprise Institute, Gordon's President D. Michael Lindsay and Sojourners CEO Jim Wallis.

On Nov. 30, at Gordon College in Wenham, Mass., Sojourners CEO Jim Wallis and Arthur Brooks of the American Enterprise Institute, debated the question, "Is Free Enterprise Moral?"

The event was sponsored by the Center for Christian Studies and the Jerusalem and Athens Forum at Gordon as part of the college's ongoing "Faith Seeking Understanding" lecture series.

Watch complete video of the debate inside...

A Response to the American Enterprise Institute's Ad in Politico

Today, "Values and Capitalism," a project of the American Enterprise Institute, sponsored a full-page ad in Politico (see page 13) in response to the Circle of Protection. While it is encouraging to see another full-page ad urging our nation's legislators to be concerned about the poor, it is unfortunate that the critique of the Circle of Protection and Sojourners work is based on an error.

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