Economic Globalization and its Problems: A Response to Eaton,Herpel, and Moe-Lobeda and Spencer

Abstract

Building on the other papers in this issue, I offer a theological critique of economic globalization. The theory, or "theology" that supports it leads people of good will, despite the many negative consequences of the globalized pursuit of growth, to pursue such growth, as measured by GDP, as the goal of economic policy. This economistic theology takes no account of human community or ecological sustainability. Until it is changed economists will continue to direct us toward catastrophe.