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Opinion > Business

Thinking Catholic: European leaders blame crisis on “speculative capitalism”

Thinking Catholic: European leaders blame crisis on “speculative capitalism” Europe’s financiers were seduced by the lure of easy subprime mortgage profits, just like everyone else, and they’re suffering now, just like everyone else. But give Europe credit for one thing: Thanks to its Catholic roots, Europe’s leaders understand that the financial crisis wasn’t caused by some vague form of “greed”; it was… READ MORE >


Opinion > Politics

Politics and Words

Politics and Words Image Journal’s website features a blog by Brian Volck on the slippery nature of words; more specifically, the language of this election season, and key words like “change.” Both parties claim to be the agents of change. What does it mean? How does a word or expression change in a given context? In politics, are words used… READ MORE >

(5) COMMENTS  |  TOPICS:    change | george orwell | language

Reviews > Books

Rushdie, The Enchanter

Rushdie, The Enchanter In 1988, Sir Salman Rushdie’s Satanic Verses earned the Indian-British author a rare honor: a fatwa calling for Rushdie’s assassination, issued by a faction of Muslim extremists. The fatwa granted Rushdie the social distinction of martyrdom without its one significant disadvantage, as the author continued to collect awards and… READ MORE >

(0) COMMENTS  |  TOPICS:    fatwa | florence | india | salman rushdie

Reviews > Books

Disasters of War

Disasters of War So here we are, facing a global economic collapse and an election where both candidates represent the lesser of another evil. It’s time to turn to Kurt Vonnegut, whose unique blend of bleak humor, genuine outrage, and dark surreality seems more relevant than ever, and more cogent than a cadre of political and economic analysts. Armageddon… READ MORE >


Opinion > Books

The Archbishop of Canterbury Reads Dostoevsky

The Archbishop of Canterbury Reads Dostoevsky Rowan Williams, Archbishop of Canterbury, has recently written a book about Fyodor Dostoevsky, author of Crime and Punishment and The Brothers Karamazov. The book—Dostoevsky: Language, Faith, and Fiction—has drawn some controversy, not so much for its content, but for the question of whether it should have been written in the first place.… READ MORE >


News > Issues

Anglican bishops decry the ‘new creed’ of extreme capitalism

A trillion for the Iraq War, almost as much to rescue Wall Street, but basic health care for all is too expensive? Why aren't Christian leaders in the U.S. saying as much? In England it's a different story: "[T]he Archbishop of Canterbury, Dr Rowan Williams, warned in a magazine article that modern devotion to the free market is a form of idolatry and that Karl Marx was morally right in his analysis of the power of 'unbridled capitalism.' He believes that Marx's economic theories, as implemented by authoritarian state regimes, have proved equally wrong and harmful to unfettered market ideology, but that the protest against a greed-driven system is one that should be taken seriously." READ MORE >


Reviews > Movies

God is Godard

God is Godard Reprise is a movie about young Norwegian writers that feels made by young French filmmakers: stylish, self-conscious, angsty, funny, a little sloppy, and unapologetically pretentious. Erik and Philip are two aspiring writers and lifelong friends who simultaneously slide their manuscripts (as precious to them as bundled babies) into a mail… READ MORE >

(0) COMMENTS  |  TOPICS:    godard | norway | writers

Opinion > Movies

Waugh’s Unlikely Champions

Waugh’s Unlikely Champions In the New York Review of Books, Daniel Mendelsohn demonstrates a supple understanding of Evelyn Waugh’s Brideshead Revisited—its themes and ambitions. Many have criticized the latest film version of the classic Catholic novel for playing fast-and-loose with the source material, but Mendelsohn is one of the few critics to analyze with… READ MORE >


News > World

Holy See Denounces Misuse of Protection Principle

The Vatican continues to take every opportunity to discourage preemptive war: "The use of violence to resolve disagreements is always a failure of vision and a failure of humanity. The responsibility to protect should not be viewed merely in terms of military intervention but primarily as the need for the international community to come together in the face of crises to find means for fair and open negotiations, support the moral force of law and search for the common good," Also see this statement. READ MORE >


Reviews > Books

The Same Man?

The Same Man? I suspect that the title of this little dual biography was intended to produce in the potential reader (i.e., anyone even a little familiar with Waugh and Orwell) precisely the reaction it produced in me upon hearing it: I exclaimed something to the effect of, “Say what?” and promptly plunked down twenty-six bucks (minus my local indie… READ MORE >


Opinion > Issues

The Right’s Hypocritical Crusade against Wall Street

The Right’s Hypocritical Crusade against Wall Street I almost never agree with First Things on economic policy, but Robert T. Miller was right last week when he warned that “those on the political right need to make sure that the Republicans in Congress do not through ignorance or stupidity misunderstand conservative economic principles and so lead us into economic disaster.” Unfortunately,… READ MORE >


News > Business

Behind AIG’s Fall, Blind Eye to a Web of Risk

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(0) COMMENTS  |  TOPICS:    aig | derivatives | greed | speculation

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