Tag: Capitalism
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Is China the new idol for emerging economies? – Dambisa Moyo
TED: Is China the new idol for emerging economies? – Dambisa Moyo "The developed world holds up the ideals of capitalism, democracy and political rights for all. Those in emerging markets often don't have that luxury. In this powerful talk, economist Dambisa Moyo makes the case that the west can't afford to rest on its…
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Max Weber Was Wrong (About Capitalism)
Public Discourse: Max Weber Was Wrong – Samuel Greg … Second, the empirical evidence disproving Weber’s connection between Protestantism and the emergence of capitalism is considerable. Even Catholic critics of modern capitalism have had to concede that “the commercial spirit” preceded the Reformation by at least two hundred years. From the eleventh century onward, the…
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Why the Church Needs Business
Huffington Post: Why the Church Needs Business … Beyond the mess that has been the Vatican bank, the Catholic Church can learn a lot from business. This may seem counterintuitive, but the same church that has (rightly) spoken out so forcefully on the excesses and the limitations of capitalism desperately needs some capitalistic skills. How…
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How Mandela Shifted Views on Freedom of Markets
New York Times: How Mandela Shifted Views on Freedom of Markets When you think about Nelson Mandela, you probably think about freedom — free people, free country, free speech. What may be overshadowed by Mr. Mandela’s extraordinary legacy was his complicated journey to support free markets and a free economy. When Mr. Mandela was released…
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Capitalism and the Kingdom – Bob Lupton
I love Bob Lupton's monthly posts in Urban Perspectives newsletter. I identify with what he writes in his latest installment, Capitalism and the Kingdom. Capitalism is not "biblical" in the sense of being prescribed by God. And in that sense, there is no "biblical" economic system. All economic systems are human constructs that incorporate human…