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The Market, Happiness, and Solidarity - A Christian perspective (Paperback)
Loot Price: R1,576
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The Market, Happiness, and Solidarity - A Christian perspective (Paperback)
Series: Routledge Frontiers of Political Economy
Expected to ship within 10 - 15 working days
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The past two decades of market operation has generated welfare and
economic growth in Western countries, but increasing income
inequalities, depletion of the natural environment and the current
financial crisis have led to an intense debate about the advantages
and disadvantages of the free market. With this book, Professor
Graafland makes a valuable contribution to the Christian debate
about the market economy. In particular, it aims to clarify the
links between ethical values, Christian belief and economics, as
well as informing theologians and economists about recent economic
insights into market operation. The book investigates the effect of
free market operation on welfare and well-being, calling into
question why one would favour more market competition as a means of
increasing happiness. As well as this, Professor Graafland examines
how free market competition relates to principles of justice and
looks at whether it enforces or crowds out Christian virtues like
love, humility and temperance. Books that systematically link
biblical teaching about the economy to recent theoretical and
empirical research in economics on free market operation are rare.
Most Christian books on the market system are theologically
oriented, lacking a sound basis in the extensive knowledge of the
recent economic literature on market operation. This book confronts
Christian ethical standards with current economic literature on the
effects of market operation on welfare, happiness, human rights,
inequality and virtues in order to develop a well-based and
balanced view of the pros and cons of market operation. This book
will be of interest to both undergraduate and postgraduate students
of economics, philosophy and theology.
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