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Human Rights Imperilled by the Global Financial Crisis: The Ethical Collapse in Neoliberal Free-Market Ideology

Duncan, Bruce (2013) Human Rights Imperilled by the Global Financial Crisis: The Ethical Collapse in Neoliberal Free-Market Ideology. Compass: A Review of Topical Theology, 47 (1). pp. 21-28. ISSN 0819-4602

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Abstract

The Global Financial Crisis has greatly damaged international efforts to enhance human rights, particularly in developing countries. Recent Catholic social thinking is being strongly influenced by leading economists like Stiglitz, who had warned about the dangers of financial collapse; they blame the neoliberal ideology for trashing moral standards. Many economists, including Amartya Sen and Jeffrey Sachs, have called for a new moral framework to promote greater social equity and to confront the dominance of special interests.

Item Type: Published Articles
Repository Version: Published Version
Keywords: Cardinal Turkson, human rights, global finanical crisis, neoliberal, globalisation, Joseph Stiglitz, Krugman, Tomas Sedlacek, Boswell, Kenneth Himes, Kenneth Arrow, Amartya Sen, Pope Benedict, May Ann Glendon, Paul Krugman, unemployment, free-market fundamentalism, greed, Jeffrey Sachs, inequality, Warren Buffitt, Vanity Fair, Keynes, Nouriel Roubini, Robert Shiller, George Soros, Skidelsky, values, Zamagni, Caritas in Veritate
Fields of Research: 22 Philosophy and Religious Studies > 2204 Religion and Religious Studies > 220405 Religion and Society
Socio-Economic Objective: C Society > 95 Cultural Understanding > 9504 Religion and Ethics > 950404 Religion and Society
Type of Activity: Pure Basic Research
Subjects: C - Church History
D - Ethics / Moral Theology
College/Association with University of Divinity: YTU: Yarra Theological Union
Depositing User: Dr Bruce Duncan
Date Deposited: 17 Apr 2014 01:50
Last Modified: 19 May 2014 02:38
URI: http://repository.divinity.edu.au/id/eprint/1405

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