The Crisis of Global Capitalism
eBook - ePub

The Crisis of Global Capitalism

Pope Benedict XVI's Social Encyclical and the Future of Political Economy

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eBook - ePub

The Crisis of Global Capitalism

Pope Benedict XVI's Social Encyclical and the Future of Political Economy

Book details
Table of contents
Citations

About This Book

This collection of essays outlines a newpolitical economy. Twenty years after the demise of Soviet communism, the globalrecession into which free-market capitalism has plunged the worldeconomyprovides a unique opportunity to chart analternative path. Both the left-wing adulation of centralized statism and theright-wing fetishization of market liberalism are part of a secular logicthatis collapsing under the weight of its own inner contradictions. It issurelyno coincidence that the crisis of global capitalism occurs at the same time asthe crisis of secular modernity.Buildingon the tradition of Catholic social teaching since the groundbreakingencyclicalRerum Novarum(1891), PopeBenedict XVI'sCaritas in Veritateis the most radical intervention in contemporarydebates on the future of economics, politics, and society.Benedict outlines aCatholic third way that combines strict limits on state and market power witha civil economy centered on mutualistbusinesses, cooperatives, credit unions,and other reciprocal arrangements. Hiscall for a civil economy also representsa radicalmiddle position between an exclusively religious and a strictlysecular perspective. Thus, Benedict's vision for an alternative politicaleconomy resonates with people of all faiths and none.

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Information

Publisher
Cascade Books
Year
2011
ISBN
9781621891055
Topic
Theology & Religion
Subtopic
Religion

Table of contents

  1. The Crisis of Global Capitalism
  2. Contributors
  3. Acknowledgments
  4. Introduction
  5. Part 1: Christianity and Capitalism
  6. Part 2: Christianity and Socialism
  7. Part 3: Civil and Political Economy
  8. Part 4: Caritas in Veritate and Traditions of Christian Social Teaching
  9. Part 5: Distributism and Alternative Economies
  10. Bibliography
  11. Index