Abstract

The purpose of this investigation is to define the centrality of the Global Financial Crisis in 2008–09 and its following stage—the Great Recession, which are controlled by business religion of the emerging global civilization. When democracy defeated totalitarianism in 1989 with the removal the Berlin Wall, we achieved a New World Order. For a long time nobody could explain its meaning and practicality, since it did not seem possible to decompose the emerging Global Civilization into its pieces; religion, culture and infrastructure. Global culture and global infrastructure could be recognized and somehow defined, but “global religion” was unrecognized. No sacred religions could be accepted as the world’s universal religion! However, these authors assume that our newglobal religion is no longer a sacred one, but secular under the guise and practice of business. The global civilization is characterized and its impact upon the well being of world’s population is assessed. The framework of business religion as the new religion of the Global Civilization is modeled and characterized. The future of business religion is evaluated and the means to develop a better and sustainable alternative is offered.