Friday, September 21, 2012

Joseph Stiglitz Calls to Abolish the Capitalist Church of Self-Interest | Alternet

Joseph Stiglitz Calls to Abolish the Capitalist Church of Self-Interest | Alternet
"Even after a terrible financial crisis exposed their folly, the High Priests of Old Time Economics still speak the cold, barren language of self-interest. Acting solely in your own interest, they preach, is the key to efficiency and human well-being.
Not Joseph Stiglitz. Wednesday night, the Nobel Prize-winner spoke to a packed chapel at New York City’s Union Theological Seminary, which, along with the Institute for New Economic Thinking (INET), a New York-based think tank, hosted the first conversation in a brand-new series meant to change the way we understand economic issues.  Union Theological Seminary president Dr. Serene Jones, INET Executive Director Robert Johnson, Professor Gary Dorrien of Union Theological Seminary and Columbia University, and Betty Sue Flowers, Director of the Lyndon Baines Johnson Library and Museum, joined Stiglitz to talk about the topic at hand: “Economics & Theology"."