• La Civiltà Cattolica
  • Newsletters
  • Podcast
  • Contact us
  • Login
  • Register
SUBSCRIBE
LA CIVILTÀ CATTOLICA
Advertisement
  • Home
  • Church Life
    • Faith
    • Mission
    • People
    • Pope Francis
    • Spirituality
  • Church Thought
    • Doctrine
    • Scripture
    • Theology
  • Culture
  • Politics
  • Editions
  • Authors
  • Donate

No products in the cart.

No Result
View All Result
  • Home
  • Church Life
    • Faith
    • Mission
    • People
    • Pope Francis
    • Spirituality
  • Church Thought
    • Doctrine
    • Scripture
    • Theology
  • Culture
  • Politics
  • Editions
  • Authors
  • Donate

No products in the cart.

No Result
View All Result
LA CIVILTÀ CATTOLICA
No Result
View All Result
     
Home 1806

Toward an Economy of Reconciliation: An alternative to liberalism and nationalism

Matthew Carnes, SJbyMatthew Carnes, SJ
June 15, 2018
in 1806, AFTER THE CANDLELIGHT REVOLUTION IN SOUTH KOREA, Church Life, Church Thought, Edition, Issues, June 2018, Vol. 2, no. 6
0
Toward an Economy of Reconciliation: An alternative to liberalism and nationalism
0
SHARES
34
VIEWS
Share on FacebookShare on Twitter

From the liberal economic model to the proposal of a global economy

Solidarity and shared purpose – both within and across nations – seem to be in short supply in the current world economy. Nevertheless, the current state of affairs may offer an important opportunity for thinking in creative new ways about what an economy based on solidarity and reconciliation might entail.

The year 2016 saw an unprecedented swing in views of worldwide economic relations; at no time in the last 70 years has the basic orientation of the economy been more widely questioned. With the vote of the United Kingdom to leave the European Union and the rise of nationalistic political contenders in many countries, the seeming consensus toward a liberal capitalist model of economic relations – in which open trade and free competition were expected to yield shared prosperity – has shown fundamental fissures. Longstanding concerns about equity and inclusion have been joined by a growing rejection of the cosmopolitan worldview that liberalism seemed to embrace. For the first time, perhaps, thinkers from across the political spectrum have come to see the reigning economic model as broken in either big or small ways.

The liberal model held sway for nearly all of the postwar era, promising to foster efficiency and productivity, and to bind nations together through trade agreements and fluid financial flows. This open model delivered significant growth: at no point in human history have as many people moved out of abject poverty. This is a massive accomplishment.

But the model did not benefit all people equally. Nor did it ensure their stability in better circumstances. Instead, the separation between the most prosperous and least prosperous members of society has grown in the majority of countries around the world. Middle-class status has proven remarkably tenuous, with frequent layoffs and wages subject to volatility and the loss of value through inflation. Thus, the economy that produced such incredible growth was accompanied by a growing increase in social inequality.

This article is reserved for paid subscribers. Please subscribe to continue reading this article
Subscribe

Welcome to
La Civiltà Cattolica !
This article is reserved for paid subscribers
Please login or subscribe to continue reading this article
LOGIN
SUBSCRIBE
What is La Civiltà Cattolica?
 

Tags: brexitCatholic Social JusticeCatholic Social Teachingeconomy of solidarityLiberal World Ordernationalismpopulism
Previous Post

Laudato Si’ and Ethical Business Management in Africa

Next Post

The Legacy of Karl Marx

Matthew Carnes, SJ

Matthew Carnes, SJ

Assoc. Professor, Department of Government and the Walsh School of Foreign Service at Georgetown University

Related Posts

Candida, Other Women and Jesuits in 17th-century China
Biography

Candida, Other Women and Jesuits in 17th-century China

byFederico Lombardi, SJ
March 29, 2023
The famous Mae Klong Railway Market, Samut Songkhram, Thailand.
Church Life

The Real Obstacles to Ecological Transition

byGaël Giraud, SJand1 others
March 27, 2023
Mass in the Shrine of Guadalupe for the opening of the ecclesial Assembly (Photo: Vatican Media).
Church Life

The Latin American Church’s Synodal Conversion: Walking together from blindness to light

byDaniel De Ycaza, SJand1 others
March 24, 2023
What Form Will Future Christianity Take?
Church Life

What Form Will Future Christianity Take?

byJosé Frazão Correia, SJ
March 22, 2023
Photo by Adrià Crehuet Cano on Unsplash
Church Life

Sport for All: The Holy See and the ‘signs of the times’ in the world of sport

byPatrick Kelly, SJ
March 20, 2023
Next Post
Karl Marx

The Legacy of Karl Marx

Subscription Offers

Premium Content

Parliamentary Elections in Germany

Parliamentary Elections in Germany

December 14, 2017
On Inner Abandonment – Canticle V

On Inner Abandonment – Canticle V

August 20, 2021
Japan In The New Imperial Era ‘Reiwa’

Japan In The New Imperial Era ‘Reiwa’

November 21, 2019

Browse by Category

BEATUS POPULUS CUIUS DOMINUS DEUS EIUS

The most respected digital Catholic journal from Rome. A must-read on all the present issues alive in the Church. Discover top Church scholars interpreting the history, politics, culture, science and art in the light of the Christian faith.

Categories

  Editions
  Church Thought
  Authors
  Church 
 
  Culture
  Perspective Series
  Politics & Socitey

 

About Us

   Contact Us
   La Civiltà Cattolica  
   China Forum
   Feedback
   Terms & Conditions
   Privacy Policy
    Email : [email protected]
My IP Address : 34.239.173.144
Facebook Twitter Instagram

© Union of Catholic Asian News 2023 | All Rights Reserved.
Except for any fair dealing permitted under the Hong Kong Copyright Ordinance, no part of this publication may be reproduced by any means without prior permission.

No Result
View All Result
  • Home
  • Church Life
    • Faith
    • Mission
    • People
    • Pope Francis
    • Spirituality
  • Church Thought
    • Doctrine
    • Scripture
    • Theology
  • Culture
  • Politics
  • Editions
  • Authors
  • Donate
SUBSCRIBE

Welcome Back!

Login to your account below

Forgotten Password?
Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Login
  • Sign Up
Forgot Password?
Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.

laciviltacattolica.com uses cookies and similar technologies to optimize the user experience,  analyze site traffic and communicate with subscribers. To read more about how we use cookies and how you can control them click on settings, or click Accept to start browsing our site.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
LA CIVILTÀ CATTOLICA
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.