Sunday, July 5, 2015

Week 4: Economic Justice and Social Responsibility

The economy is a key arena in which debates over social justice take place.  Who is entitled to what-- by what standard should economic distribution be evaluated?  Who decides what standard is to be used?  How should societies be organized, and what is a society’s responsibility toward those at the bottom of the economic ladder?  Cultural perspectives guide how societies are organized and what values are elevated above others; this has major implications for issues of economic justice. 

As many of your projects are exploring, economic liberalism is in question.  Does free market capitalism creates the most just society?  There are those who argue that it does (Friedman, and the Economist article for this week), while there are also critiques of this model coming from a variety of angles (Klein, Qutb, and Agnivesh this week). 

Max Weber’s The Protestant Ethic and the Spirit of Capitalism (wiki page here) posited that Protestant Christianity had much to do with the growth of capitalism in the West.   In many ways, then, capitalism can be viewed as a culture in and of itself.  It did not emerge out of nowhere, and is certainly bolstered by a number of ideologies that argue for individual achievement and freedom.  Capitalism currently enjoys dominance in the global economic system, but, of course, it comes with its own lot of issues.  Occupy movements around the globe are challenging the current economic system, and many religious and cultural voices have sought to question the status quo, particularly as it relates to the people who are least privileged by whatever economic system is dominant.  


The assignments for this week explore these issues from a variety of perspectives.  In reading, watching and examining these perspectives, pay close attention to how cultural values and norms underlie some of the arguments. 

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