global economy

An illustration of a cross-shaped crane lifting an orange box into the sky

Illustration by Michael George Haddad

BY NOW, MOST of us have been affected by problems with the “supply chain.” It started last year with shelves void of toilet paper, then morphed into a lack of other manufactured goods, including construction materials, cars, and medical equipment.

Other than this being a (sometimes serious) nuisance, why should people of faith take notice? From our perspectives—as a theologian and a developer of worker-owned cooperatives—the broken supply chain throws light on some of our deepest economic and political problems.

The current shortage of goods and services is often attributed to the COVID-19 pandemic. Its roots, however, are in an economic system designed to produce maximum profits for the few rather than the many by outsourcing production. The “few” are called shareholders and the “many” are those who work for a living. While many working people also own some shares, the bulk of profit in this system goes to those with the largest portfolios and majority positions. No wonder U.S. billionaires have gained more than $2 trillion since the pandemic began.

Debra Dean Murphy 3-30-2011

At the end of Roland Joffé's exquisite film, The Mission, a brief exchange between a Portuguese ambassador and a papal emissary sums up the tension between globalization (the movie's subject matter) and a worldvi

Debra Dean Murphy 1-26-2011
"Education is not primarily an industry and its proper use is not to serve industries, either by job-training or by industry-subsidized research." --
Marque Jensen 6-03-2010

If migration policy was "freed" or emancipated, people could respond to real work opportunities, economies would be able to grow globally, the federal and state focus could be put on fighting crime and http://www.latina.com/lifestyle/news-politics/immigration-

Justin Fung 4-30-2010

It'd be nice if enacting a law would solve the problem, wouldn't it?

Sondra Haaga 1-27-2010

America, dominating the global economy, imports more goods than it exports. What is less tangible, but possibly more important, is how America exports its values to a rapidly interconnecting global society.

Just peace theory is the middle way between pacifism and just war theory. It recognizes the moral force of nonviolence and the goal of a world that solves its disputes through nonviolent means.
Jim Wallis 7-09-2009
As the G8 Summit begins in Italy, Pope Benedict XVI has released a new encyclical on the global economy.
Ray Offenheiser 4-07-2009
The realities of global poverty are very stark.

In the face of international resistance to the U.S. role in resolving the global economic crisis, President Barack Obama raised his arts of persuasive communication to new heights, delivering his latest comments to the G-20 while cradling the puppy he plans to give to his daughters Sasha and Malia.

Jim Wallis 3-24-2009
Next week, leaders of the G-20, the 19 countries with the largest economies and the European Union, will meet in London.
Andy Clasper 3-23-2009
It would have been the last thing they expected. They thought this was their chance to discredit him on a point of law they thought was safe ground.
Elizabeth Palmberg 3-11-2009
[continued from part one] Recently, Neil Watkins took some time to answer a few questions fr
Elizabeth Palmberg 3-11-2009
Recently, Neil Watkins took some time to answer a few questions from Sojourners assistant editor Elizabeth Palmberg about the upcoming G-20 meeting, the global economic crisis, and hel
Jim Wallis 3-05-2009

Last Friday, I met a vice president for the insurance giant AIG. While I try to be a gracious person, senior management for a giant corporation highly culpable for our current crisis and currently eating up billions in public funds wasn't my top choice for grace that day.

Jim Wallis 1-30-2009

In a plenary session titled "The Values behind Market Capitalism" yesterday at the World Economic Forum in Davos, Switzerland, I started with this observation: