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Spiritual Grounding for Economics April 1st, 2012
Father Marcelo Barros, OSB
We would like to share a very interesting article on economics (translated from the Portugese) by Father Marcelo Barros, OSB, Brazilian writer and theologian. The article examines the concept of a spiritual economy and the importance of linking human needs and aspirations with the basic rationale of any economy:
“As in all fields of life and human activity, spirituality must give a soul to the economy. Without the spirit, the economy lets itself dominate the market as an idol. And money transforms itself into a fetish. The market, that in itself is a human institution of interchange and of relations between persons and between groups, has become an absolute and disconnected from the rest. To such a point that we could denounce with Jesus: “the market was made for human beings and not human beings for the market”. In the last decades of the twentieth century, the economy became more than ever centered in money and in capital titles, with authoritarian neoliberalism and predominance (arrogance).”Learn more (Download PDF of the article)
Fr. Barros was ordained to the priesthood in 1969 by Dom Helder Camara , and for nearly ten years, from 1967 to 1976 , served as secretary and adviser to Dom Helder for ecumenical affairs. He is the author of at least six books, and has been an active member of the Ecumenical Association of Third World Theologians (EATWOT).
Faithful Budget Released March 22nd, 2012
WASHINGTON, DC — Today on Capitol Hill, prominent Christian, Jewish and Muslim leaders unveiled a Faithful Budget document, which encourages the Obama Administration and Congress to maintain a robust commitment to domestic and international poverty assistance programs.
The document has been submitted to all Members of Congress and the Administration. Faith communities will make follow up visits to Congress. The Annual Ecumenical Advocacy Days conference this coming weekend is titled Is THIS the Fast I Seek? Economy, Livelihood and Our National Priorities. Participants will visit their Congressional representatives on Monday and will take the Faithful budget document with them as a blueprint.
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March 22 is World Water Day! March 22nd, 2012
Water is essential for life, and yet increasingly, both in the United States and around the world, water is becoming a scarce commodity. Once largely taken for granted, clean, accessible, affordable water has become a hotly debated and much studied subject.
We have a few things to share on the occasion of World Water Day that may be of interest:
- Bishop Michael Pfeifer, OMI of the Diocese of San Angelo, Texas has written a reflection on water from the perspective of the drought-stricken region of west Texas, which we gladly share here. The article has been published in the San Angelo Standard Times. (Download PDF)
- The UN Millennium Development Goal on access to water has been met, three years early! The goal was to reduce by half the number of people without sustainable access to safe drinking water. According to a report issued today by UNICEF and WHO, between 1990 and 2010, over two billion people gained access to improved drinking water sources, such as piped supplies and protected wells. The related goal on sanitation has yet to be met, but increased attention to this is encouraging.
- Corporations are increasingly examining their water use, measuring risk, and looking at the impacts on local communities and the ecosystems on which they depend. The Oblate Faith-Consistent Investment initiative has focused on water as a key issue affecting the poor, and is engaged in substantive dialogs with major US multinational corporations on the subject. Read the Statement of Principles and Recommended Practices for Corporate Water Stewardship developed by the Interfaith Center on Corporate Responsibility (ICCR).
UN Report says fresh water is seriously threatened March 20th, 2012
The fourth UN World World Water Development Report says that the increase in world population and global warming, worsening floods and droughts, threaten freshwater resources if nothing is done to improve management.
With a world population exceeding seven billion people, food needs are expected to increase by 70% by 2050, with an increasing demand for animal products requiring huge amounts of water.
The paper was also alarmed by the sharp rise in transnational purchase of agricultural land, which increased from 20 million hectares in 2009 to over 70 million today. It was noted that in the agreements signed between countries, water is never explicitly mentioned.
Richard Connor, the lead author of the report emphasizes that these pressures are likely to exacerbate economic disparities between countries at the expense of the poorest. “Water is the pillar upon which the social and economic development rest.”
Bangladeshi Environmental Activists Demand Protection of Dhaka’s Buriganga River March 20th, 2012
- Sharif Jamil, Fr. Joseph Gomes, OMI, Fr. Seamus Finn, OMI and a colleague on the Buriganga RiverKeeper boat in Dhaka
Environmental activists on Saturday demanded immediate execution of an earlier High Court order to save the River Buriganga from pollution and encroachment. The High Court in 2011 issued a three-point directive to the government to save the river.
Among those demanding action to reverse the severe pollution of the Buriganga was Sharif Jamil, a close collaborator of the Oblates in Bangladesh. Sharif is the Buriganga Riverkeeper, and part of the international Waterkeeper Alliance.
Learn more – read the article…
