Saturday, July 28, 2012

Arnsperger on economics as religion

A main focus of my IP spirituality has been in the form of political economy. In that light a few excerpts of Arnsperger from the progressive economics thread in this post:

"A 30 percent tax on the world’s two hundred highest fortunes...could give every poor person on the planet a lifetime of nutrition, health, and education. The irony of the situation is that the psychological suffering of a handful of billionaires each 'robbed' of one third of his fortune would quickly overshadow the physical and psychological suffering experienced today by the 'bottom billion' of the poorest among the poor.

"I fully realize that in the depths of my own body and my own psyche I am just like those billionaires.... For Western man, asking for a third, or even a tenth, of his income in order to feed, house, and educate the whole world is simply too much to ask; each Western Man is the whole world unto himself—we have been manufactured that way by our culture. It’s called modern individualism.

"We can choose differently, we can choose to look at our lives in another way and to realize that we have made the capitalist market economy into our church, and modern economic science into our religion.

“I think we need to go as far as saying that economic thought has a strictly spiritual root.... The economy is, therefore, less a technical-operational domain than an existential-spiritual one.... Economics, therefore...is part and parcel of theology—not only neo-liberal economics (as some left-wing critics claim, using the word 'theology' as a degrading term), but all of economics to the extent that it ultimately seeks to liberate Man. Marx, Keynes, and Hayek were, literally, the most influential theologians of the 20th century; I say this not by analogy or as an image, but as a literal description of what their study of economic activity was about.”

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