The Crisis of Global Capitalism Book Reviews

AUTHOR
Adrian Pabst
SCORE
0
TOTAL RATINGS
6

The Crisis of Global Capitalism by Adrian Pabst Book Summary

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 XVI's 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, Benedict's vision for an alternative political economy resonates with people of all faiths and none.

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Book Name The Crisis of Global Capitalism
Genre Christianity
Published
Language English
E-Book Size 546.8 KB

The Crisis of Global Capitalism (Adrian Pabst) Book Reviews 2024

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Summary of The Crisis of Global Capitalism by Adrian Pabst

The The Crisis of Global Capitalism book written by Adrian Pabst was published on 10 November 2011, Thursday in the Christianity category. A total of 6 readers of the book gave the book 0 points out of 5.

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