The Crisis of Global Capitalism
Cód:
491_9781608993680
Synopsis:This collection of essays outlines a new political economy. Twenty years after the demise of Soviet communism, the global recession into which free-market capitalism has plunged the world economy provides a unique opportunity to chart an alternative path. Both the left-wing adulation of centralized statism and the right-wing fetishization of market liberalism are part of a secular logic that is collapsing under the weight of its own inner contradictions. It is surely no coincidence that the crisis of global capitalism occurs at the same time as the crisis of secular modernity. Building on the tradition of Catholic social teaching since the groundbreaking encyclical Rerum Novarum (1891), Pope Benedict XVIs Caritas in Veritate is the most radical intervention in contemporary debates on the future of economics, politics, and society. Benedict outlines a Catholic third way that combines strict limits on state and market power with a civil economy centered on mutualist businesses, cooperatives, credit unions, and other reciprocal arrangements. His call for a civil economy also represents a radical middle position between an exclusively religious and a strictly secular perspective. Thus, Benedicts vision for an alternative political economy resonates with people of all faiths and none.Endorsements:The current economic crisis is in fact a deeper crisis of cultural imagination and civilizational ethics. This collection of bold and provocative readings of Caritas in Veritate displays an intellectual verve unafraid to think beyond the fragmentations of modernity. By fully exploring the ontology of communion and gift, I believe this collection bears witness to the kind of daring discourse Pope Benedict XVI wanted to ignite. What is more, I believe the essays exemplify the kind of fruitful dialogue needed, not only for an adequate response to the crisis of Western civilization, but also to realize an economy that would facilitate the flourishing of the hu
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