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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.


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.


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.


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.


Business and Economic Ethics

Business and Economic Ethics
Author: Arthur Rich
Publisher: Peeters Publishers
Total Pages: 736
Release: 2006
Genre: Christian ethics
ISBN: 9789042914391

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This book is a fundamental and unique masterpiece which reflects the discussions on business and economic ethics over decades in German-speaking countries, and does so by systematically developing an Ethics of Economic Systems from a Christian-theological perspective with a firm foundation in the western philosophical and economic literature. Neither in German-speaking nor English-speaking regions has this complex theme been dealt with in such a comprehensive and thorough manner. Ethics is a matter of doing justice to the human without twisting the facts and ignoring the constraints. The study introduces seven criteria of human justice, that fundamentally relate to the Christian revelation and, at the same time, establish a humanistic and universal approach. Subsequently it focuses on the concrete economic systems and their problems. It describes and analyses various models of market and centrally-planned economies, and evaluates them in the light of middle-level principles, which are informed by both ethical criteria and economic knowledge. Thus the most legitimate economic system is the one which offers the most potential for reforms and self-critique. The merits of this approach are considerable: if the system of the market economy has the advantage of being thoroughly reformable, it also requires regulations which are equitable and responsible. In this view, one better understands the inescapable failure of Marxism but also the ethical ramifications of savage deregulations. Arthur Rich (1910-1992) was Professor of Systematic Theology and Director of the Institute of Social Ethics at the University of Zurich, Switzerland. He worked in the field of business and economic ethics for nearly 40 years. Georges Enderle is Arthur and Mary O'Neil Professor of International Business Ethics at the Mendoza College of Business, University of Notre Dame (Indiana, USA), and President of the International Society of Business, Economics, and Ethics (2001-2004), which organizes the ISBEE World Congress of Business and Economic Ethics every four years.


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.


Distant Markets, Distant Harms

Distant Markets, Distant Harms
Author: Daniel K. Finn
Publisher: Oxford University Press, USA
Total Pages: 289
Release: 2014
Genre: Business & Economics
ISBN: 0199371008

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Distant Harms, Distant Markets looks at moral complicity in markets, employing resources from sociology, early Christian history, feminism, legal theory, and Catholic moral theology today. The author skillfully explores the causal and moral responsibilities which consumers bear for the harms that markets cause to distant others.


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.