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The Two Churches - Catholicism and Capitalism in the World System (Hardcover)
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The Two Churches - Catholicism and Capitalism in the World System (Hardcover)
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The single most important change now well under way within
Catholicism is its transition from a First World to a Third World
entity. How this enormous shift will affect the Catholic church's
role in the world economy is the subject of Michael L. Budde's
book, the first world systems study of the mutual interaction of
religion and political economy in the 1990s.
Budde's argument here is twofold. He contends that world
Catholicism, led by its Third World majority (most notably in Latin
America), will continue to develop in an increasingly
anticapitalist direction; and he suggests that once-dominant First
World Catholic churches (exemplified by the U.S. Catholic church),
are poorly placed to respond in solidarity with their
coreligionists from the Third World.
Covering a wide range of theoretical and substantive matters, The
Two Churches examines religion as a source of both social
legitimation and social rebellion. It demonstrates the importance
of ecclesiology, a branch of theology dealing with theories of the
church, and it highlights the effect of capitalism on world
Catholicism, as well as the latter's influence on the development
of the capitalist order.
In his original, far-reaching analysis of the Catholic church's
role in world affairs, Budde revises current views of religious
institutions as subordinate social phenomena. By relating
developments in the world political economy to material conditions
in the Third World and in turn to the practice of Catholicism, he
reveals how the Catholic church functions as a worldwide
institution. He also shows how core-periphery conflicts within the
church affect transnational capitalism.
As the Third World becomes more and more volatile, and as its
relations with the First World further complicate the politics of
the Catholic church, the questions addressed in The Two Churches
demand attention with increasing urgency. Timely, thoughtful, and
lucid, this book will inform and enhance our understanding of this
complex, pressing issue.
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