A High Price for Abundant Living: The Story of Capitalism

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Herald Press, 2003 - Business & Economics - 307 pages
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To what extent do we understand our economic system, even though we are important factors in driving it? Identifying especially with the North American business community, Henry Rempel notes the price we pay for a system that constantly expands its reach to global dimensions.

This book is a guide to our present economic system: how it came to be and how it works today. It seeks to contrast Adam Smith's ideal, and the recent realities of immense corporations and the fragile natural environment. This gentle critique of the current economic system recognizes the powerful impact the system has in generating a high material standard of living with considerable human freedom. Yet it dares to believe that we can aspire to an even better system that is more responsive to changing social and environmental realities-a system where the creative and enterprising spirit is encouraged to seek a better life for the entire global community.

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Contents

Foreword
9
The Capitalist Ideal
31
Sacred Values and the Worship of Abundance
49
Copyright

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About the author (2003)

Henry Rempel, a Senior Scholar in the Department of Economics at the University of Manitoba, served as a professor in that department for over three decades. In addition to teaching economic development, he has led more than twenty missions abroad to evaluate projects for various agencies, including Canadian International Development Agency (CIDA), Mennonite Economic Development Associates (MEDA), and Mennonite Central Committee (MCC).

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