Posts tagged with: globalization

Kishore Jayabalan, Director of Istituto Acton in Rome, was tapped by BBC World News last week for his analysis of the meeting between Pope Francis and President Obama at the Vatican. We’ve got the video, and you can watch it below.

Here’s a key section from a speech given by Nelson Mandela in 1998 at the World Council of Churches:

At the end of a century that has taught that peace is the greatest weapon in development, we cannot afford to spare any effort to bring about a peaceful resolution of such conflicts.

Nor can we allow anything to detract from the urgent need to cooperate in order to ensure that our continent avoids the negative consequences of globalization and that it is able to exploit the opportunities of this important global advancement.

That means working together to ensure that the legacy of underdevelopment does not leave Africa on the margins of the world economy.

That means finding ways to deal with the world’s highest incidence of AIDS, to advance and entrench democracy, to root out corruption and greed, and to ensure respect for human rights.

It means together finding ways to increase the inward flow of investment, to widen market access, and to remove the burden of external debt which affects Africa more than any other region.

It means cooperating to reorient the institutions that regulate the international trade and investment system, so that world economic growth translates into the benefits of development.

It means finding ways of ensuring that the efforts of countries to put their economies on a sound basis in order to uplift their people are not set back by huge flows of finance as they move across the globe in search of quick profits.

The challenge facing today’s leaders is to find the ways in which the prodigious capacity of the contemporary world economy is used to decisively address the poverty that continues to afflict much of humanity.

As I outline in Ecumenical Babel, this kind of a platform for ecumenical engagement of the issues surrounding globalization would have been much more positive, constructive, and promising than the course that was pursued by the mainline ecumenical organizations. Mandela’s words here provide a much more balanced and nuanced assessment of globalization than is often found in ecumenical pronouncements, including the deliberations that ended up leading to the Accra Confession of 2006.

Ecumenical Babel: Confusing Economic Ideology and the Church's Social Witness

Ecumenical Babel: Confusing Economic Ideology and the Church's Social Witness

Arguing for the continuing importance of Christian ecumenism, Jordan J. Ballor seeks to correct the errors created by the imposition of economic ideology onto the social witness of ecumenical Christianity .
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If you’ve raised multiple children, you’ve dealt with sibling bickering, particularly if said children are close in age. With a three-year-old boy and a two-year-old girl, both just 13 months apart, our family has suddenly reached a stage where sibling play can be either wholly endearing or down-right frightening. Alas, just as quickly as human love learns to bubble up and reach out, human sin seeks to stifle and disrupt it. If that’s too heavy for you, “kids will be kids.”

twotoddlersfightingThe areas of contention vary, but most of it comes down to that age-old challenge of sharing, or, as others might frame it, the classic economic problem of scarcity. There is only one fire truck, one soccer ball, and one Buzz Lightyear, even when, in reality, there may be two or three or four. If Toddler X wants to play with Toy Z, no matter how many alluring gizmos and gadgets sit idly by, Toddler Y will all of a sudden long for Toy Z as well. Did I mention the Fall of Man?

My wife and I have done our best to teach proper behavior, maintain order, wield discipline accordingly, and love and hug and encourage along the way. When it comes to sharing, it’s no different. We promote generosity, emphasize patience, teach to inquire politely about the prospects of “collaborative consumption,” seize items when peace is rendered impossible, enforce property rights and ownership where fair and applicable, and so on.

Yet, as any parent knows, toddlerhood is characteristically suited to making a mockery of one’s parenting philosophy, whatever it may be. Just when you think you’ve trained your child to sit quietly when silence is appropriate — teaching manners, establishing authority, setting boundaries, padding the circumstances with (sugary) incentives, etc. — junior will kindly decide that he’d rather forget about all that and shout something about lavatories or Dad’s big bald head. (more…)

This is a guest post by Michael Hendrix, following up on his previous post on the economic challenges of millennials, and my own post on the deeper vocational questions that persist for Christians. Michael serves as the director for emerging issues and research at the U.S. Chamber of Commerce in Washington, D.C. He is a graduate of the University of St. Andrews and a Texas native.

By Michael Hendrix

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Twenty years from now, we will see an America where merit and reward are intertwined more than ever before. As I’ve written recently, those who win the future will significantly outpace their peers, leaving the rest to fight over the scraps until organizational innovations and human capital catches up once again.

If true, such a reality must be reckoned with. So what about those left behind? What will their futures look like? With decreases in gainful employment and the increasing disconnect between vocational aspirations and actual occupations, what other risks persist — economic, social, spiritual, and otherwise? Assuming we are not comfortable with such a future, what should we do about it?
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Blog author: ehilton
posted by on Friday, August 30, 2013

global handsAs we approach Labor Day here in the U.S., it’s good to ponder “work”, that most ordinary feat nearly all of us perform every day. We get up, get dressed, and do our jobs. It’s quite simple…and quite amazing. There is a lovely reflection on this from Don Boudreaux at Cafe Hayek:

Ponder this astonishing fact: Each and every thing that we consume today in market societies is something that requires the coordinated efforts of millions of people, yet each of us is able to command possession and use of these things in exchange for only a small fraction of our work time.

Why aren’t more people blown away with the pure splendor and marvelousness of it all?!

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I’ve been a Craigslist fan for years, using it for everything from snagging free goods to securing new jobs to buying baby strollers to selling baby strollers—you name it. Yet even as I’ve become somewhat of a Craigslist veteran, swapping this for that and that for this, each experience brings with it a new set of surprises and takeaways, particularly when it comes to the way I view trade and exchange.

craigslist screen

Alas, in today’s giant global economy, it can be all too easy to feel like robotic worker bees or petty consumer fleas in a big, blurry economic order. We shouldn’t need reminders that daily tools like pencils and smartphones don’t just appear out of thin air, but based on the protectionist ethos that dominates our discussions on trade, it appears that we do.

In a way it’s understandable, what with all the conglomerates conglomerating and such. The bulk of Western society is no longer confined to bartering at the village market, nor are we bound to spend our days planting seeds and reaping harvests in a badda-bing badda-boom sort of way. Value creation, even at its largest margins, is increasingly difficult to spot.

And it is precisely here, I would argue, that bottom-up trading tools like Craigslist serve a bigger purpose than ridding our attics of stinky old mattresses. There’s something special about hum-drum personal exchange that reacquaints our economic imaginations with basic beauty of it all, cutting through and tearing down whatever pessimistic zero-sum mythologies we may be constructing. (more…)

Anyone who’s driven across the American landscape knows that there will be a familiar string of fast-food chains, gas stations and box stores along the expressways. You could virtually eat the same meal as you drive from one coastline of fast-food-exit-signAmerica to the other. Michael Matheson Miller, Research Fellow and Director of PovertyCure at the Acton Institute, takes up this issue, asking, “Does capitalism destroy culture?”

[S]ince the cultural critique comes from political observers at almost every point on the political spectrum, and since the bureaucratic-capitalist economies of the world really are cultures in crisis, the criticism is worth attending to seriously.

If we are going to analyze the cultural effects of market economies then I think the one of the first things we need to do is distinguish between those things Peter Berger called “intrinsic” to capitalism and those “extrinsic” to it. We need to distinguish among at least three things:

  • the cultural effects caused by capitalism,
  • effects aided and abetted by capitalism,
  • and those things that exist alongside capitalism and are often conflated with capitalism, but that are distinct from it.

I will say from the outset that I support open, competitive economies that allow for free exchange, but I would not call myself a “capitalist.” Capitalism is generally a Marxist term that implies a mechanistic view of the economy and a false dichotomy between “capital” and “labor.” Capitalism also comes in a variety of forms and can mean many things. There is corporate capitalism, oligarchic capitalism, crony capitalism, and managerial-bureaucratic capitalism, such as we have in the United States. However, cultural critics of capitalism usually don’t make those distinctions and, even if they did, many would still be critical of an authentically free market. So without trying to tease apart all of these strands at the outset and so risk never getting anywhere let me use the term “capitalism” and ask and answer the question with the broadest of brushstrokes. Does capitalism corrode culture?  I think the answer is yes and no.

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Blog author: jsunde
posted by on Tuesday, December 18, 2012

Work: The Meaning of Your LifeI recently pondered what might come of the global economy if we were to to put God at the forefront of our motives and decision-making. The question came as a reaction to Tim Keller, whose recent book calls on Christians to challenge their views about work. By re-orienting our work to be a “servant” instead of a “lord,” Keller argues, we will actually find more fulfillment in the work that we do.

Keller’s main point in the video I discussed was to caution against our human preferences for idol carving. Although this is a valuable word of warning, it’s also worth noting that in a more basic sense, our work is already service.

The extent to which this is practically true will depend on a variety of factors — the type of work we’re doing, the type of economic system we’re engaged in, the levels of cronyism, artificiality, and misinformation in the economic environment that surrounds us — but by and large, our work is concentrated on actually fulfilling the particular needs of particular persons. As Lester DeKoster writes in Work: The Meaning of Your Life: “Work is the form in which we make ourselves useful to others.”

Through this understanding, perhaps a clearer way of expressing things is that work is less about whether we’re serving and more about who we’re serving. At the core, this simply rehashes Keller’s original point, prodding us to ask ourselves whether we’re serving God or something else (i.e. anything else). But beyond this, in those rougher, hazier areas of human discernment, it also empowers us to ask some other productive questions.

For example, in examining the ways in which trade and exchange impact human relationships across broader society, DeKoster contrasts life in the African bush with life in Western civilization, noting that the primary difference lies in work: “The bush people have to do everything for themselves. Civilization is sharing in the work of others.”

As DeKoster goes on to explain:

Our working puts us in the service of others; the civilization that work creates puts others in the service of ourselves. Thus, work restores the broken family of humankind… Through work that serves others, we also serve God, and he in exchange weaves the work of others into a culture that makes our work easier and more rewarding…As seed multiplies into a harvest under the wings of the Holy Spirit, so work multiplies into a civilization under the intricate hand of the same Spirit. (more…)

On Nov. 28, the Canada-based Fraser Institute released the eighth edition of its annual report, Economic Freedom of North America 2012, in which the respective economic situation and government regulatory factors present in the states and provinces of North America were gauged.

Global studies of economic freedom, such as the Heritage Foundation’s 2012 Index of Economic Freedom and the Fraser Institute’s Economic Freedom of the World 2012, rank the United States and Canada as two of the most economically free countries in the world. But, as data from the North America report shows, not all sections of the countries are experiencing an equal level of economic freedom and it is important to look at areas in which this falters.

States and provinces were evaluated and ranked within three categories: 1) Size of Government; 2) Takings and Discriminatory Taxation; and 3) Labor Market Freedom. The Canadian province, Alberta, claimed the top spot as most economically free, followed closely by Delaware. New Mexico placed 59th, making it the least economically free state, followed by Prince Edward Island of Canada, notching the rank of least economically free area in North America (between the United States and Canada).

The Economic Freedom of North America 2012 report draws a clear link between prosperity and economic freedom, through a comparison of states and provinces. “In the United States, the relatively free Georgia does much better than the relatively unfree West Virginia. In Canada, British Columbia, where economic freedom has been increasing in recent years, has been experiencing considerably greater growth on a per-capita basis than Ontario, where economic freedom has been decreasing in recent years.” (more…)

Poverty, development, and stewardship tend to be topics both of discussion and personal reflection as we are reminded to count our blessings around this time of year. If similar ideas have been on your mind, you may be interested in Globalization, Poverty, and Development, an AU Online lecture series that explores the theme of human flourishing and its relation to poverty, globalization, and the Church in the developed world. Join Mr. Brett Elder, a director at Acton Institute and creator of the NIV Stewardship Study Bible and Dr. Victor Claar, a professor of economics at Henderson State University, for online sessions scheduled for Tuesday, December 11 and Thursday, December 13 at 6:30 pm EST.

Everyone who registers for the Globalization, Poverty, and Development series (or subscribes for an All Access Membership) has access to the recordings and resources shared on the course page. This means you can still register for the course even if you won’t be able to join us for the live sessions. Visit auonline.acton.org for more information and to register.