Religious Leaders Bash the Global Market

Wednesday, September 13, 2006
Why do so many clergy and religious activists reflexively attack the free market? Kishore Jayabalan takes a look at recent anti-business campaigns. “The very concepts of business and profit motive are often reason enough for religious leaders to condemn an activity as immoral and unethical, and criticisms of multinational corporations are just the same condemnations on a larger scale,” he writes.

However, large multinational corporations are one of the most able and efficient means of improving the economies of developing nations. Multinational corporations fight government corruption, establish banking and legal services, help to ensure basic eduation and are proven to raise the standard of living in the nations that they “invade.”

Read the commentary here.
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