Monday, June 25, 2012

Christian Theology and Free market fundamentalism, Current affairs, NewAgeIslam.com

Current affairs
Christian Theology and Free market fundamentalism
Putting a godly gloss on Mammon’s ravenings
By Peter Laarman
May 13, 2009

Even after the “revelation” that letting unregulated moneymen run the country isn't a good idea the neoliberals at the Heritage Foundation are still churning out the message, like the latest book by “theologian” Jay W. Richards, Money, Greed, and God: Why Capitalism is the Solution And Not the Problem.

Please remember Frederick Douglass.

That is to say, remember the Frederick Douglass of “power concedes nothing without a struggle.” And I’m not sure that the struggle with market fundamentalism has even been joined yet, at least not at the level of principle where it most needs friends.

Like old Simeon in Luke’s gospel, I am one who hopes to live long enough to see the consolation of Israel. Only in my case that consolation would take the form of deliverance from the malignant free-market madness that U.S. conservatives have successfully promoted for four decades. Known (and much loathed) abroad as the “American model,” or the “Washington consensus,” this is the Friedman-Greenspan regime of total deregulation wherein the public, in effect, subsidizes big capital to work its high-growth wonders to the ostensible benefit of us all—that chimera known as the trickle-down effect.

http://newageislam.com/christian-theology-and-free-market-fundamentalism---/current-affairs/d/1400


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