This paper attempts a theological justification for the right to private property or ownership. This I have subtitled, A Thomistic Onto-Theology of Self-Communicative Ownership, for our discourse grounds human ownership as a participation of the self-giving creativity of the Divine owner. Such a...

We show that exposure to anti-capitalist ideology can exert a lasting influence on attitudes towards capital markets and stock-market participation. Utilizing novel survey, bank, and broker data, we document that, decades after Germany's reunification, East Germans invest significantly less in...

Democratic capitalism has become the popular paradigm in the modern world, and it is spreading further through globalization. It is a model based on growth, expansion and constant innovation. However, it is accompanied by social problems which may worsen despite overall gains in wealth. In this...

Purpose - The purpose of this paper is to compare the three largest economies in Latin America (Brazil, Mexico and Argentina) with other economies that have another type of capitalism, in that way we can extract some effects of the hierarchical capitalism in Latin America...

Democratic capitalism has become the popular paradigm in the modern world, and it is spreading further through globalization. It is a model based on growth, expansion and constant innovation. However, it is accompanied by social problems which may worsen despite overall gains in wealth. In this...

How can we better understand the relationship between capitalism and democracy today? This article challenges the prevailing "independence thesis" that views capitalism and democracy as separate and often antagonistic systems. By revisiting Adam Smith's integrationist approach to political...

The logic of people's capitalism is explained from the giant contradiction between the assumptions of economics and those of non-ego based behavior. Current social scientific research provides enough of the theory, facts, and figures necessary for various methods, many inter-related, by which...

The logic of people's capitalism is explained from the giant contradiction between the assumptions of economics and those of non-ego based behavior. Current social scientific research provides enough of the theory, facts, and figures necessary for various methods, many inter-related, by which...

This paper empirically tests Max Weber's thesis on how religious narratives, particularly the Protestant Ethic, influence attitudes toward wealth redistribution. Weber suggested that the Protestant Reformation, led to the belief that economic success was a sign of divine favor, legitimizing...

This paper empirically tests Max Weber’s thesis on how religious narratives, particularly the Protestant Ethic, influence attitudes toward wealth redistribution. Weber suggested that the Protestant Reformation, led to the belief that economic success was a sign of divine favor, legitimizing...