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Discuss the arguments presented by Ken S. Ewert in "Moral Criticisms of the Market" regarding the ethical criticisms of free markets, particularly from Christian perspectives. Evaluate Ewert’s defense of the free market's moral neutrality and his assertion that sin and selfishness are rooted in human falleness rather than the economic system itself. Incorporate scholarly sources to support your analysis, and explore how morality is influenced by, or independent from, economic structures. Your discussion should include an introduction to the main critiques of free markets from Christian social thought, a presentation of Ewert's counterarguments, and a critical analysis of the implications for economic ethics and Christian teaching.
In your paper, provide a comprehensive review of the ethical criticisms of free markets arising from Christian perspectives, particularly focusing on accusations of promoting selfishness and materialism. Summarize Ewert's position that the market is morally neutral and that moral failings stem from human nature. Analyze how Ewert supports his view that free markets do not inherently promote sin but rather provide opportunities for wealth generation and charity, which aligns with Christian values. Critically evaluate the strengths and potential weaknesses of Ewert's defense, citing relevant scholarly literature on economic ethics, Christian social teaching, and moral philosophy.
Finally, discuss the broader implications of Ewert’s viewpoint for modern economic policy and Christian ethical considerations, integrating perspectives from authoritative sources. Your analysis should demonstrate critical thinking, engagement with multiple viewpoints, and clear articulation of your stance regarding the moral role of economic systems and individual morality within market societies.
References
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Economic Justice and Christian Ethics
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Capitalism and Freedom
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Jamieson, D. (1992).
Of War and Healing: Environmental Ethics and Christian Responsibility
. University of Notre Dame Press.
Ewert, K. S. (1989). “Moral Criticisms of the Market.” Saint Leo University Journal of Moral Economics.
North, D. C. (1990).
Institutions, Institutional Change and Economic Performance
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Polanyi, K. (2001).
The Great Transformation
. Beacon Press.
Sandel, M. J. (2012).
What Money Can't Buy: The Moral Limits of Markets
. Farrar, Straus and Giroux.
Smith, A. (1776).
The Wealth of Nations
. Methuen & Co., Ltd.
Weber, M. (1905).
The Protestant Ethic and the Spirit of Capitalism . Routledge. Watkins, J. (2007).
Christian Ethics and Market Economy
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