Critical engagement -- Lutheran World Federation (LWF) -- World Communion of Reformed Churches (WCRC) -- World Council of Churches (WCC) -- Conclusion, avenues for reform.

This work details the theological sources and moral significance of the life and work of the Scottish moral philosopher Adam Smith (1723-1790). The panel of contributors deepen our understanding of Adam Smith in his religious and theological context and the significance of this understanding for contemporary moral, economic, and political challenges to modern social life. The chapters cover a broad range of disciplinary and historical concerns, from Smith's view of providence and his famous "invisible hand" to the role of self-interest (...) and benevolence in Smith's social and economic thought. A better appreciation for the moral and theological dimensions of Smith's thought provides not only a better understanding of Smith's own context and significance in the Scottish Enlightenment, but also promises to assist in meeting the perennial challenges of properly connecting economic realities to moral responsibility. The book is of interest to advanced students and scholars of the history of economic thought, historical and moral theology, intellectual history, political science and philosophy. (shrink)

Attention to economic inequality has increased in the wake of the global financial crisis, and along with this increased attention has come the need for reconsideration of the dynamics of moral reflection on inequality. Inequality is often viewed as a negative in terms of economic and social costs. But there are also moral challenges that arise from inequality. The Christian tradition emphasizes the diversity, and therefore the inequality, of the created order, and as such inequality is not simply a result (...) of sin. After the fall into sin, there are new dynamics which consist of sinful kinds of inequality as well as sinful attitudes towards the gifts and endowments of others. This “grief” at the good of others has been classically understood as the vice of envy. This article argues for the ongoing relevance of envy as a particularly important moral category for evaluation of economic inequality. (shrink)