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The Market Economy and Christian Ethics

The Market Economy and Christian Ethics
Author: Peter H. Sedgwick
Publisher: Cambridge University Press
Total Pages: 339
Release: 1999-10-07
Genre: Religion
ISBN: 1139425145

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Peter Sedgwick explores the relation of a theology of justice to that of human identity in the context of the market economy, and engages with critics of capitalism and the market. He examines three aspects of the market economy: first, how does it shape personal identity, through consumption and the experience of paid employment in relation to the work ethic? Second, what impact does the global economy have on local cultures? Finally, as manufacturing changes out of all recognition through the impact of technology and global competition, what is the effect in terms of poverty? Drawing on the response of the Catholic Church, both in the United States and in papal encyclicals, to the market economy from 1985–1991, Sedgwick argues that its involvement deserves to be better known. Moreover, he recommends that the Churches remain part of the debate in reforming and humanizing the market economy.


The Market Economy and Christian Ethics

The Market Economy and Christian Ethics
Author: Peter H. Sedgwick
Publisher:
Total Pages: 325
Release: 1999-10-07
Genre: Business & Economics
ISBN: 9780521470483

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Focuses on cultural and ethical implications of market economics in the modern world.


Market Complicity and Christian Ethics

Market Complicity and Christian Ethics
Author: Albino Barrera
Publisher: Cambridge University Press
Total Pages: 325
Release: 2011-01-06
Genre: Religion
ISBN: 1139495518

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The marketplace is a remarkable social institution that has greatly extended our reach so shoppers in the West can now buy fresh-cut flowers, vegetables, and tropical fruits grown halfway across the globe even in the depths of winter. However, these expanded choices have also come with considerable moral responsibilities as our economic decisions can have far-reaching effects by either ennobling or debasing human lives. In this book, Albino Barrera examines our own moral responsibilities for the distant harms of our market transactions from a Christian viewpoint, identifying how the market's division of labour makes us unwitting collaborators in others' wrongdoing and in collective ills. His important account covers a range of different subjects, including law, economics, philosophy, and theology, in order to identify the injurious ripple effects of our market activities.


Defending the Free Market

Defending the Free Market
Author: Robert Sirico
Publisher: Simon and Schuster
Total Pages: 226
Release: 2012-05-21
Genre: Political Science
ISBN: 1596988118

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Thirty years ago, the economic system of the Soviet empire—socialism—seemed definitively discredited. Today, the most popular figures in the Democratic Party embrace it, while the shapers of public opinion treat capitalism as morally indefensible. Is there a moral case for capitalism? Consumerism is an appalling spectacle. Free markets may be efficient, but are they fair? Aren’t there some things that we can’t afford to leave to the vicissitudes of the market? Robert Sirico, a onetime leftist, shows how a free economy—including private property, legally enforceable contracts, and prices and interest rates freely agreed to by the parties to a transaction—is the best way to meet society’s material needs. In fact, the free market has lifted millions out of dire poverty—far more people than state welfare or private charity has ever rescued from want. But efficiency isn’t its only virtue. Economic freedom is indispensable for the other freedoms we prize. And it’s not true that it makes things more important than people—just the reverse. Only if we have economic rights can we protect ourselves from government encroachment into the most private areas of our lives—including our consciences. Defending the Free Market is a powerful vindication of capitalism and a timely warning for a generation flirting with disaster.


Is the Market Moral?

Is the Market Moral?
Author: Rebecca M. Blank
Publisher: Rowman & Littlefield
Total Pages: 169
Release: 2003-12-31
Genre: Business & Economics
ISBN: 0815796285

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In the great tradition of moral argument about the nature of the economic market, Rebecca Blank and William McGurn join to debate the fundamental questions—equality and efficiency, productivity and social justice, individual achievement and personal rights in the workplace, and the costs and benefits of corporate and entrepreneurial capitalism. Their arguments are grounded in both economic sophistication and religious commitment. Rebecca Blank is an economist by training and describes herself as "culturally Protestant in the habits of mind and heart." She has also chaired the committee that wrote the statement on Christian faith and economic life adopted by the United Church of Christ. Addressing market failure, for her, requires that sometimes "freedom to choose" give way to other human values. William McGurn, a journalist and a Roman Catholic, uses his expertise in economics to reflect on the teachings of the church concerning the morality of the market. For McGurn, humans reach their fullest potential when they are free from the constraints of others. He writes that "our quarrel is not so much with Adam Smith or Milton Friedman but with the Providence that so clearly designed man to be his most prosperous at his most free." This book grapples with the new imperatives of a global economy while working in the classic tradition of political economy which always treated seriously the questions of morality, justice, productivity, and freedom.


Christian Economic Ethics

Christian Economic Ethics
Author: Daniel K. Finn
Publisher: Fortress Press
Total Pages: 346
Release: 2013-08-01
Genre: Religion
ISBN: 1451452284

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What does the history of Christian views of economic life mean for economic life in the twenty-first century? Here Daniel Finn reviews the insights provided by a large number of texts, from the Bible and the early church, to the Middle Ages and the Protestant Reformation, to treatments of the subject in the last century. Relying on both social science and theology, Finn then turns to the implications of this history for economic life today. Throughout, the book invites the reader to engage the sources and to develop an answer to the volume's basic question.


The Church and the Market

The Church and the Market
Author: Thomas E. Woods
Publisher: Lexington Books
Total Pages: 275
Release: 2015-01-15
Genre: Business & Economics
ISBN: 0739188011

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The Church and the Market is a vigorous and lively defense of the market economy and a withering attack on all forms of state intervention. It covers labor unions, monopoly, money and banking, business cycles, interest, usury, and much more. Although it makes a particular point of noting the moral arguments of the market economy and that Catholics are of course perfectly at liberty to support it, its audience is much broader than Catholics alone. Readers of all religious traditions and none at all have praised The Church and the Market, first-place winner in the 2006 Templeton Enterprise Awards, as one of the most compelling and persuasive defenses of capitalism against its critics ever written.


After the Market

After the Market
Author: Malcolm Brown
Publisher: Peter Lang
Total Pages: 328
Release: 2004
Genre: Business & Economics
ISBN: 9783039101542

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The market economy is dominant in people's lives today and undermines much Christian comment and church practice. This book critiques much of the churches' recent work on economic issues and proposes a renewed theological seriousness for mission in the economy.


Economic Compulsion and Christian Ethics

Economic Compulsion and Christian Ethics
Author: Albino Barrera
Publisher: Cambridge University Press
Total Pages: 284
Release: 2005-09-08
Genre: Business & Economics
ISBN: 9780521853415

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Barrera addresses adverse effects of market operations on individuals from the viewpoint of Christian ethics.


The Market, Happiness, and Solidarity

The Market, Happiness, and Solidarity
Author: Johan J. Graafland
Publisher: Routledge
Total Pages: 319
Release: 2010-04-05
Genre: Business & Economics
ISBN: 1136998233

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The past two decades of market operation has generated welfare and economic growth in Western countries, but increasing income inequalities, depletion of the natural environment and the current financial crisis have led to an intense debate about the advantages and disadvantages of the free market. With this book, Professor Graafland makes a valuable contribution to the Christian debate about the market economy. In particular, it aims to clarify the links between ethical values, Christian belief and economics, as well as informing theologians and economists about recent economic insights into market operation. The book investigates the effect of free market operation on welfare and well-being, calling into question why one would favour more market competition as a means of increasing happiness. As well as this, Professor Graafland examines how free market competition relates to principles of justice and looks at whether it enforces or crowds out Christian virtues like love, humility and temperance. Books that systematically link biblical teaching about the economy to recent theoretical and empirical research in economics on free market operation are rare. Most Christian books on the market system are theologically oriented, lacking a sound basis in the extensive knowledge of the recent economic literature on market operation. This book confronts Christian ethical standards with current economic literature on the effects of market operation on welfare, happiness, human rights, inequality and virtues in order to develop a well-based and balanced view of the pros and cons of market operation. This book will be of interest to both undergraduate and postgraduate students of economics, philosophy and theology.