Capitalism

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- by Peter Heslam

Globalisation - Unravelling the New Capitalism
Rev Dr Peter Heslam
Grove Ethics Series
ISBN 1-85174-495-9

Globalisation is the word of the moment - but what does it mean? What does globalisation involve? Is it leading to a more just, stable and prosperous world, or widening the gap between rich and poor?

This booklet (published in April 2002) explores the secular views of globalisation and examines the themes in the light of a biblical model of creation and redemption, in order to offer a Christian perspective on the issue.

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(September 2000-August 2004)

The project's aim and objectives

The aim of the project was to develop a robust theological and practical response to contemporary global capitalism as the dominant global ideology.

More specifically, it had three overall objectives:

1. Develop a Christian critique of the contemporary global market economy
2. Identify areas for particular Christian/Church concern and involvement
3. Work in partnership with business leaders to develop practical models that enable businesses, families, individuals and communities to flourish relationally as well as economically.

At the end of the project these aims and objectives appeared to have been the right ones. They've been very fruitful, as indicated by some of the following selected highlights.

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- An introduction to the capitalism project at LICC

The Capitalism project has now ended, read a review of it's achievements.

Capitalism is the dominant global ideology. Postmodernism spelt the death of ideology. Why then has capitalism survived?

Is it simply because the alternatives have failed?

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- LICC's Capitalism Project

The Capitalism project has now ended, read a review of it's achievements.

Capitalism is the dominant global ideology. As an economic system, it has brought unprecedented wealth to some countries. At the same time, it has not yet succeeded in distributing this wealth, and the accompanying benefits of higher standards of healthcare, education and national infrastructure to the majority of the planet's population. How can we work to create a world in which all its people have the opportunity to flourish economically, relationally and spiritually?

All Articles | Capitalism | Capitalism and Business

- by Amy Cavender

Launch of Tobin Tax campaign film brings together media, politicians, economists and faith-based groups

A new Tobin Tax film narrated by Channel Four journalist and newsreader, Jon Snow, was launched at a reception in the House of Commons on Thursday 27^th February 2003. The newsreader joined Baroness Shirley Williams, The Guardian’s economics editor Larry Elliot and Observer columnist Will Hutton in a fast-paced, effectively argued, 14-minute film.

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- Peter Heslam reflects on JustShare’s May Day activities 2002

Businesses face new challenges in the 21st century. While capitalism is helping to produce opportunities for entrepreneurship, income generation and development, it's also contributing to the widening gap between the rich and the poor and the destruction of the environment. This presents a unique dilemma for Christians - on the one hand, from the story of creation, we believe that business and wealth creation are essentially good. On the other hand, we believe the love of money (not money itself) is a root of evil - and a major cause of human and environmental impoverishment today.

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- by Peter Heslam

Letter from Peter Heslam (LICC) to Church Times, published 11 May 2001


The Anglican bishops of Southern Africa are to be commended for their Freedom Day message (Church Times, 4 May 2001). There are good grounds for their claim that global capitalism is heretical, unjust and inhuman. It is for this reason that I heeded the call of the Church Times columnist last year who urged Christians to join the Mayday anti-capitalist demonstrations in London. It was a challenging and moving experience I am glad not to have missed, especially as the director of a research project on contemporary capitalism at the London Institute for Contemporary Christianity, which is based just off Oxford Street, where the demonstrations were focused.