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In this book Peter Sedgwick explores the relation of a theology of justice to that of human identity in the context of the market economy. He focuses on three main themes: how the market economy shapes personal identity, through consumption and the experience of paid employment in relation to the work ethic; the impact of the global economy on local cultures; and the effects of technology and global competition on poverty. Sedgwick recommends that the churches remain part of the debate in reforming and humanising the market economy.
Peter Sedgwick explores the relation of a theology of justice to
that of human identity in the context of the market economy, and
engages with critics of capitalism and the market. He examines
three aspects of the market economy: first, how does it shape
personal identity, through consumption and the experience of paid
employment in relation to the work ethic? Second, what impact does
the global economy have on local cultures? Finally, as
manufacturing changes out of all recognition through the impact of
technology and global competition, what is the effect in terms of
poverty? Drawing on the response of the Catholic Church, both in
the United States and in papal encyclicals, to the market economy
from 1985-1991, Sedgwick argues that its involvement deserves to be
better known. Moreover, he recommends that the Churches remain part
of the debate in reforming and humanizing the market economy.
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