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A Financial "Religion" - "Economism" Dominates the Earth at Great Price

The Church of Economism and Its Discontents

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"The economy, in other words, really is
​the world’s greatest faith-based organization.
"

Two centuries of explosive economic growth have radically altered our material and ideological worlds. With human activity now the major driver of geological change, the industrial era has come to be called the Anthropocene. This inquiry instead adopts the term Econocene, underscoring its ideological foundation: economism. The concept of economism, the reduction of all social relations to market logic, often appears in critiques of political movements and neoliberal economics. Our concern here is with economism as a widely held system of faith. This modern “religion” is essential for the maintenance of the global market economy, for justifying personal decisions, and for explaining and rationalizing the cosmos we have created...

Economism, by rationalizing market outcomes,
becomes the new “opium of the people,”
playing the role Marx once attributed to religion
in keeping people from rising up against the system

Richard Norgaard, "The Church of Economism and Its Discontents," Great Transition Initiative (December 2015), http://www.greattransition.org/publication/the-church-of-economism-and-its-discontents. - See more at: http://www.greattransition.org/publication/the-church-of-economism-and-its-discontents#sthash.8PVAReS0.dpuf

More to Come

Distributism (also known as distributionism[1] or distributivism[2]) is an economic ideology that developed in Europe in the late 19th and early 20th century based upon the principles of Catholic social teaching, especially the teachings of Pope Leo XIII in his encyclical Rerum novarum and Pope Pius XI in Quadragesimo anno.[3]
In the early 21st century, some observers have speculated about Pope Francis's exact position on distributism[4][5][6][7][8][9][10] because of his denouncement of unfettered capitalism as tyranny in his 84-page apostolic exhortation Evangelii gaudium:

More to Come

New Economic Notions

Using Social Doctrines Expressed by Pope Francis in His Encyclical Hold the Potential to Regenerate the Earth
and Build a More Just Society

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"Solidarity is the notion that we’re connected with our neighbors: down the street and throughout the world"

Solidarity is unity (as of a group or class) which produces or is based on unities of interests, objectives, standards, and sympathies.[1][2] It refers to the ties in a society that bind people together as one. The term is generally employed in sociology and the other social sciences as well as in philosophy or in Catholic social teaching.[3]
What forms the basis of solidarity varies between societies. In simple societies it may be mainly based on kinship and shared values. In more complex societies there are various theories as to what contributes to a sense of social solidarity.[1] 
Solidarity is also one of six principles of the Charter of Fundamental Rights of the European Union[4] and December 20 of each year is International Human Solidarity Day recognized as an international observance.
More to Come

Subsidiarity is equally important. It’s the idea that problems should be solved at the smallest and most intimate level possible. For example, the federal government shouldn’t be solving problems states can solve, states shouldn’t be solving problems that communities can solve, and so on. This is another aspect of charity. Charity isn’t a faceless international bureaucracy doling out tax dollars. It’s a soul exhibiting love. This also means that, or most of us, our moral obligations to tend for our family are higher than our moral obligation to care for our neighborhood, or community, or city, or state, or country, or planet. We have some degree of moral duty and responsibility towards each of these, but it is generally to be understood as concentric circles.
More to Come

"Just as the commandment 'Thou shalt not kill' sets a clear limit in order to safeguard
the value of human life, today we also have to say 'thou shalt not' to an economy of exclusion and inequality. Such an economy kills... A new tyranny is thus born, invisible and
often virtual, which unilaterally and relentlessly imposes its own laws and rules.
To all this we can add widespread corruption and self-serving tax evasion, which has
​taken on worldwide dimensions. The thirst for power and possessions knows no limits."

Flaws in Our Current System

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Market Fundamentalism

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Rugged Individualism 

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 Corporate Collectivism 

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