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.. the case for commercialized communication relies upon the ideology of the infallible #marketplace.. civic religion in the United States.. the world in the 1990s.. This pro-#market argument..[is] infallible only to the extent that it is.. based on faith, not a political theory..[for] inquiry and examination.. The..[argument] often rests upon a mythological presentation of pure #competition.
#RobertMcChesney in #CorporateMedia and the #ThreatToDemocracy (997) p. 44 #OpenMediaPamphlet series
Sep 29, 2022 at 7:18amWeb
Show threadbs2Sep 29, 2022
> Nor should the market's power be exaggerated. The market may well be a "#CivicReligion," but faith in the market decreases the further one looks down the social pecking order. For much of the U.S. population the turn to the unbridled "free market".. has been.. negative.. for a significant majority the turn has been disastrous.. It is the "talking classes," the upper class, the upper middle class, adn the intellectuals who ahve become the most enthralled with the market's genius..
p.53
Show threadbs2Sep 29, 2022
> Some.. maintain that current economics and technology will solve all environmental problems, and.. in popular and non-technical terms, that.. problems of global.. poverty will be resolved.. by #MarketGrowth. They are less concerned with certain economic theories.. but nonetheless support them with their deeds by showing no interest in.. balanced levels of #production, a better distribution of #wealth, concern for the environment and the rights of #FutureGenerations.
https://www.vatican.va/content/francesco/en/encyclicals/documents/papa-francesco_20150524_enciclica-laudato-si.html
Laudato si' (24 May 2015) | Francis

Encyclical Letter Laudato si' of the Holy Father Francis on care for our common home (24 May 2015)

Show threadbs2Sep 29, 2022
> .. #TheMarket cannot guarantee integral human development and social inclusion.. we have “a.. ‘superdevelopment’ of a wasteful and #consumerist kind which forms an unacceptable contrast with.. ongoing.. #dehumanizing deprivation”.. while we are.. too slow in developing economic institutions and social initiatives which can give the poor.. access to basic resources.. our.. failures.. have to do with the direction, goals, meaning and social implications of technological and #EconomicGrowth.
Show threadbs2Sep 29, 2022
> The #marketplace, by itself, cannot resolve every problem, however much we are asked to believe this dogma of #NeoLiberal #Faith. Whatever the challenge, this impoverished and repetitive school of thought always offers the same recipes... There is little appreciation of the fact that the alleged “spillover” does not resolve the inequality that gives rise to new forms of violence threatening the fabric of society.
https://www.vatican.va/content/francesco/en/encyclicals/documents/papa-francesco_20201003_enciclica-fratelli-tutti.html
#PopeFrancis #FratelliTutti after #LaudatoSi #Catholic
Fratelli tutti (3 October 2020) | Francis

Encyclical Fratelli tutti (All Brothers) of the Holy Father Francis, 3 October 2020