The Market Economy and Christian Ethics [Paperback]

Focuses on cultural and ethical implications of market economics in the modern world.In this book Peter Sedgwick explores the relation of a theology of justice to that of human identity in the context of the market economy. He focuses on three main themes: how the market economy shapes personal identity, through consumption and the experience of paid employment in relation to the work ethic; the impact of the global economy on local cultures; and the effects of technology and global competition on poverty. Sedgwick recommends that the churches remain part of the debate in reforming and humanising the market economy.In this book Peter Sedgwick explores the relation of a theology of justice to that of human identity in the context of the market economy. He focuses on three main themes: how the market economy shapes personal identity, through consumption and the experience of paid employment in relation to the work ethic; the impact of the global economy on local cultures; and the effects of technology and global competition on poverty. Sedgwick recommends that the churches remain part of the debate in reforming and humanising the market economy.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 19851991, Sedgwick argues that its involvement deserves to be better known. Moreover, he recommends that the Churches remainl1