ninme

I never got all the rioting about this. No, I’m not a brilliant economist, but neither am I dim, so..

Times Online - Man and bread: The Archbishop of Canterbury should have more faith in free trade

The Archbishop, like Pope Benedict XVI, is wary of shallow materialism. Dr Williams wrongly implies that this is the inevitable by-product of market economics. Capitalism, though, like Christianity, is a matter of free will and not determinism. The resources it generates can be employed for multiple purposes. Many of these will have — by design or not — a profoundly positive impact on the human condition. That some souls will be less wise with the bounty that trade brings is not a reason to condemn the system. The lessons of experience must not be neglected. The present campaign to “Make Poverty History” should not involve invoking a distorted sense of history in the process. The Archbishop should have more faith in free trade.