The marketplace is a remarkable social institution that has greatly extended our reach so shoppers in the West can now buy fresh-cut flowers, vegetables, and tropical fruits grown halfway across the globe even in the depths of winter. However, these expanded choices have also come with considerable moral responsibilities as our economic decisions can have far-reaching effects by either ennobling or debasing human lives. Albino Barrera examines our own moral responsibilities for the distant harms of our market transactions from a Christian viewpoint, identifying how the market's division of labour makes us unwitting collaborators in others' wrongdoing and in collective ills. His important account covers a range of different subjects, including law, economics, philosophy, and theology, in order to identify the injurious ripple effects of our market activities.

What is the appropriate criterion to use for distributive justice? Is it efficiency, need, contribution, entitlement, equality, effort, or ability? Globalization and Economic Ethics maintains that far from being rival principles of distributive justice, efficiency and need satisfaction are, in fact, complementary norms in our emerging knowledge economy. After all, human capital plays the central role in effecting and sustaining long-term efficiency in the Digital Age. This book explores the vital link between human capital formation and allocative efficiency using the properties of the market and the knowledge economy as analytical tools. 

Product Description: Albino Barrera argues that Christian thought on economic security offers an effective framework within which to address the consequences of economic compulsion. Markets can often be harsh in compelling people to make unpalatable economic choices any reasonable person would not take under normal conditions...read more

Revisits the question of why a benevolent Creator would permit material scarcity in human existence, which was raised by Thomas Malthus in his celebrated Essay on Population, arguing that scarcity serves as an occasion for God to provide for people through one another and that there are strong metaphysical and scriptural warrants for enacting progressive social policies for a better sharing of the goods of the earth. Simultaneous.

Product Description: As western economies have moved from feudalism to industrialism to the information age, Catholic social thought has kept pace, responding to the economic realities of the day. Linking Catholic social teaching with modern economic theory, Albino F...read more (view table of contents, read Amazon.com's description)