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Mo' money, mo' problems |
Way back in late September of last year, early in the fall semester, I read a short op-ed piece in The New York Times that has stuck with me like a pesky grain of sand in my eye. The piece is called
Economics Is not a Morality Play and was written by liberal economist and Nobel Prize winner, Paul Krugman, appearing on his NYT blog, "The Conscience of a Liberal". The title of the post itself was enough to catch my attention and a few choice quotes from the piece helped form my rebuttal in a blog post called
Economics is ALWAYS a morality play. My counterpoint took the shape of telling the story from Acts 16, in which a Philippian slave girl possessed with a spirit enabling her to see the future - making her owners a lot of money - begins annoying Paul and Silas. After a few days, Paul gets sick of this and casts the unclean spirit out of the girl, thus making her far less lucrative to her owners. The owners get irked and got the the two missionaries flogged and thrown in prison at the hands of the authorities.
Granted, the economic systems of the first century Roman empire and that of the contemporary U.S. are quite different, as are the slavery systems of the ancient world and what most Americans think of when they hear "slavery" (the terrible 19th century American kind), but my instinct from last fall remains intact, that economics is always moral. It is also always theological in a sense, or as William Cavanaugh puts it in
Being Consumed: Economics and Christian Desire, "There is an implicit anthropology and an implicit theology in every economics." That Krugman asserts our "market economy is a system for organizing activity...with no special moral significance" simply won't hold up to the scrutiny of a theopolitical critique such as the one Cavanaugh conducts in
Being Consumed. In fact, this little book of Cavanaugh's had been on my list for a few months already when I saw Krugman's piece, and it only strengthened my resolve to read it, but it took me another six months to actually find the space in which to fit it and justify it as being for a class. Oh, and I had to wait for my mother-in-law to give it as a gift for my birthday! (Thanks, Becky!)
Economics is an important topic in any age but might be especially important now in light of globalization and the recent global economic crisis. There is much a neo-Anabaptist and theopolitical Catholic reading of current economic systems and trends can do to help us see more clearly and engage more faithfully as Christians amidst the economic systems in which we're embedded. Cavanaugh's own goal for Christians is worth stating here, for we are to "discern and create economic practices, spaces, and transactions that are truly free... concrete alternative practices that open up a different kind of economic space - the space marked by the body of Christ" (
viii). The economy of God will indeed have special moral significance!