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Restoring the Fabric of Irish Economic and Social Life – A Theological Reflection (Part Two)

on Wednesday, 12 March 2014. Posted in Issue 73 The Rights of Workers – Then and Now, Economics, Church

Gerry O'Hanlon SJ

For Part One of this article click here.

Introduction

In Part One of this article,1 I discussed some of the core features of the currently dominant economic model and the part they played in bringing about our prolonged economic crisis. In particular, I raised questions regarding the overarching role accorded to ‘the market’ and the increase in the size and reach of the financial sector; the growth in inequality in incomes and wealth; and the underlying assumption that ‘growth is good’. I suggested, in Part One, that there is need to construct a ‘redemption narrative’ which can offer ‘vision and hope, galvanising our society towards effective action’. In this second part, I will look at the socio-cultural, political and theological resources which might contribute to that process.