Two Pillars of the Market

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A01=Jean Lee
Author_Jean Lee
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Category=QRAB
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Category=QRM
Covenant in response to society and the economic order
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Product details

  • ISBN 9783034307000
  • Weight: 430g
  • Dimensions: 150 x 220mm
  • Publication Date: 30 Mar 2011
  • Publisher: Peter Lang AG, Internationaler Verlag der Wissenschaften
  • Publication City/Country: CH
  • Product Form: Paperback
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Where is our economy heading? Have we lost something valuable in the human quest for efficiency and perpetual growth? What human qualities are being eroded as we rely on the modern market mechanism to coordinate our daily lives? This book poses a theological challenge to contemporary economic life through a re-discovery of the historical roots of the theological covenant in society. The author places the covenant in contrast with the contract, exploring the distinction between the two concepts, their significance and their interaction in the economic market. The result is a new proposal – the ‘Two Pillars’ paradigm – that challenges the fundamentals of modern economics and promotes the idea of a balanced market which allows for genuine human relationships, freedom and economic justice. The author illustrates the practical use of the paradigm through the example of long-term employment arrangements, and applies it as a basis for dialogue with scholars ranging from Adam Smith to modern-day economists.
Jean Lee is Assistant Professor at the China Graduate School of Theology, Hong Kong. She obtained her PhD in Theology from the University of Edinburgh. She also holds a Chartered Accountant designation from the Canadian Institute of Chartered Accountants, and formerly worked at Ernst & Young, an international accounting firm.

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