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Economics

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University of Massachusetts Boston

2003

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Moral Value And Market Values: The Impact On Africa In An Era Of Global Capitalism, Charles Stith Sep 2003

Moral Value And Market Values: The Impact On Africa In An Era Of Global Capitalism, Charles Stith

Trotter Review

In the era of global capitalism, the perennial tension between market and moral values has acquired new form and meaning. Ambassador Stith attempts to unravel the issues of morality within the context of a global market in recession, stagnated economies of the developing world, ever-changing technology and the reality of terrorism. Stith contends that the church has largely failed to reconcile the morality that it teaches, with the market in which it operates. He makes the argument that moral values are not just desirable; they are necessary for long-term survival of both the developing and developed world. The key, is …