A new, ethical financial order?

Recommendations for change
Ever since the Great Recession began in the fall of 2008, Christians and other faith leaders have criticized the speculative excess and greed that led to the crisis. A consensus on what to do about it, however, has yet to emerge.

The parameters of the critique were staked out at Trinity Institute’s “Building an Ethical Economy” conference in late January at Trinity Episcopal Church in the heart of Wall Street.

Archbishop of Canterbury Rowan Williams bemoaned the damage that results from “an economic climate in which everything reduces to the search for maximized profit and unlimited material growth.”

Williams focused less on short-term action and more on how communities of faith need to examine language and self-image in order to contribute to building an ethical economy over the long term.

 

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