Thursday 1 October 2009

Michael Schluter on Capitalism

Michael Schluter, ‘Is Capitalism Morally Bankrupt? Five Moral Flaws and Their Social Consequences’, Cambridge Papers 18, 3 (September 2009).

The latest news from the Jubilee Centre reports that Michael Schluter has published a new Cambridge Paper claiming that corporate capitalism has had ‘a devastating impact on families and communities and has been responsible for the excessive growth of giant corporations and over-centralisation of state power’.

A summary is available here, and the full paper is available here.

He promises to set out an alternative – ‘a new economic order based on biblical revelation’ – in a future paper.

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