
"The religious roots of the market economy and of democratic capitalism...were produced by a culture saturated in the values of the Judaeo-Christian heritage, and market economics was originally intended to advance those values." "When Europe recovers its soul, it will recover its wealth-creating energies. But first it must remember: humanity was not created to serve markets. Markets were created to serve humankind." Source: Office of the Chief Rabbi |Chief Rabbi Lord Sacks Delivered at The Pontifical Gregorian University on 12th December 2011. As the political leaders of Europe come together to try to save the euro, and with it the very project of European Union, I believe the time has come for religious leaders to do likewise, and I want to explain why. What I hope to show in this lecture, is first, the religious roots of the market economy and of democratic capitalism. They were produced by a culture saturated in the values of the Judaeo-Christian heritage, and … [Read more...]