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Basic problems of market economy from the perspective of Christian economic ethics

  • The Korean Journal of Chiristian Social Ethics
  • Abbr : 기사윤
  • 2019, (44), pp.9-47
  • DOI : 10.21050/CSE.2019.44.01
  • Publisher : The Society Of Korean Christian Social Ethics
  • Research Area : Humanities > Christian Theology
  • Received : June 29, 2019
  • Accepted : August 12, 2019
  • Published : August 31, 2019

Kang, Won Don 1

1한신대학교

Accredited

ABSTRACT

This research suggests four normative principles of Christian economic ethics, namely, ecological regulation, participation, justice and human dignity. With these four principles in hand I would emphasize five points for reshaping the market economy. 1. Christian economic ethics acknowledge that the price mechanism that mediates economic rationality must be fully complemented from a social and ecological point of view. 2. Christian economic ethics require that the stability and healthiness of the ecosystem should be guaranteed in order to propose some measures which are necessary to regulate and reshape the economic process of the historical market economy and its basic frameworks. 3. Christian economic ethics propose that capital and labor be jointly responsible for the survival and development of enterprises as social partners through joint decision-making. 4. Christian economic ethics require furthermore that industry, the national economy and the global economy should be regulated in democratic ways. 5. Christian economic ethics advocate guaranteeing the opportunity of life for all, and suggest that jobs should be distributed through reduction of labor hours and the unconditional basic income should be institutionalized.

Citation status

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