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Bibliographic Details

Title: How Just is the Market Economy? (Risk Book)
Publisher: World Council of Churches (WCC Publications) 01/12/2003
Publication Date: 2003
Language: English
ISBN 10: 2825413992
ISBN 13: 9782825413999
Binding: Paperback
Condition: Very Good

About this title

Synopsis

This theologically informed study in economic ethics focuses on the "world market" as an ideology, a formal theory and a practical device. It analyzes the tendency of economists to elaborate and impose market theory as dogma. Such approaches are contrasted with principles of justice found in the Sermon on the Mount (Matthew 5-7), the parable of the sheep and goats (Matthew 25:31-46) and the Reformed Protestant social theory of 16th-century theologian John Calvin. The author concludes that market mechanisms must be supplemented by additional tools to ensure that world needs are fairly and correctly met.

About the Author

Edward Dommen is an economist, retired following two decades of service to the United Nations Conference on Trade and Development (UNCTAD).

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