Description
Magisterial in scope and scrupulous in its investigation and attribution of sources, Church and Ethical Responsibility in the Midst of World Economy is a detailed examination of the history of capitalism, its defenders and its critics, with the aim of developing a theological critique of both the material and spiritual failures of the modern global economy.
Professor Chung traces the development of capitalism from the sixteenth century onwards, how it shaped and was shaped in turn by European colonialism and Enlightment ideas of the Social Contract. He examines the strengths and weaknesses of the Marxist critique of industrial capitalism, and analyses the rise of globalism as a form of economic imperialism underpinned by the ideology of neoliberalism. Although Chung acknowledges the role played by the Christian churches in promoting and defending the capitalist ethos, he points to the existence of theologically-grounded alternative visions of a fairer, more responsible world economy, and defends the view that the promotion of economic justice is a key part of the prophetic mission of the church.
Church and Ethical Responsibility in the Midst of World Economy will take its place as an important document in the ongoing ecumenical debate over economic justice, challenging those who are comfortably complacent about our global economic system and unwilling to be disturbed.