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Title: Economic Compulsion and Christian Ethics
Author: Barrera, Albino
Publisher: Cambridge University Press; Publication Date: 2005
Hardcover; ISBN: 9780521853415
Volumes: 1; Pages: 261
List Price in Hardcover: $124.00 Our price: $124.00
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Markets can often be harsh in compelling people to make unpalatable economic choices any reasonable person would not take under normal conditions. Thus workers laid off in mid-career accept lower paid jobs that are beneath their professional experience for want of better alternatives. Economic migrants leave their families and cross borders (legally or illegally) in search of a livelihood and countless Third World families rely on child labor to supplement meagre household incomes. These are examples of economic compulsion, an all-too-frequent state of affairs in which people are driven to make choices under acute economic duress. These economic ripple effects of market operations have been virtually ignored in ethical discourse because they are generally accepted to be the very mechanisms that shape the market's much-touted allocative efficiency. Albino Barrera argues that Christian thought on economic security offers an effective framework within which to address the consequences of economic compulsion.
Barrera addresses the adverse effects of market operations on individuals from the viewpoint of Christian ethics
The author provides a Christian perspective on the community's duty to support those lacking economic security
Clearly written by an author qualified in both economics and theology, it is a timely contribution to an increasingly lively area of interdisciplinary debate
Part I. Nature and Dynamics of Economic Compulsion:
1. Markets and coercive pecuniary externalities
2. Regressive incidents of unintended burdens
Part II. Setting the Moral Baseline and Shaping Expectations
3. Economic security and God's twofold gift
4. Retrieving the biblical principle of restoration
Part III. Contemporary Appropriation
5. Economic rights-obligations as diagnostic framework
6. Application: the case of agricultural protectionism
7. Summary and conclusions.