Bible Quote by Joel Bakan
““The problem with capitalism is that "we have a global theology without morality, without a Bible." And that's dangerous, he warns - "we're not going to be able to exist in a global context if we are the bastards of our business.””
About This Quote
Source Book: The Corporation, 2003
Capitalism is portrayed as a belief system lacking moral foundations, making it dangerous in a globalized world.
In simple terms: Capitalism lacks moral guidance.
Key Takeaway
Seek ethical frameworks.
Themes
economics
ethics
globalization
Mood
thoughtful
concerned
Type
philosophical
critical
When to use this quote
- business decisions
- policy making
- consumer choices
Key Concepts
moral relativism
systemic risk
Questions to Reflect On
- How can morality be integrated into capitalism?
- What alternatives exist?
A Different Perspective
It may ignore benefits of market mechanisms.
