Gary Vance at www.opednews.com:
The Institute for Progressive Christianity (IPC) has released a ground breaking progressive Christian economics white paper from Frank Cocozzelli entitled "Reclaiming Capitalism Through Principles of Distributive Justice". Cocozzelli offers an astute overview of why our economy is unraveling and pragmatic moral steps that must be taken to rebuild a thriving economy that benefits everyone. He details how the great social justice traditions of Catholicism and mainline Protestantism have informed the development of liberal economics. He chronicles the dismantling of key elements of New Deal era financial regulation that has contributed to the current economic crisis and how liberal Christian ideas of distributive justice economics can help solve our economic crises.
. . . "Our liberalism," Cocozzelli writes, "is based on a profound moral vision, and rooted in the best of the Protestant and Catholic traditions that have stood the test of time as moral philosophies underpinning economics that works."
. . . "The dismantling of New Deal legislation designed to forever curb the excesses of reckless profit-driven business and banking practices played a significant role in the creation of the current economic crisis," Cocozzelli said.