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Joerg Rieger

Greed Isn’t THE issue

“Too often the debate of economics and religion is reduced to issues of morality—for instance, when greed is identified as the culprit in economics. As a result, individual CEOs and business leaders are condemned as greedy. This approach is doubly problematic, as it neglects the real structures of the economy, and it sets up a…

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Money-Theism: Joerg Rieger Explains How Economics is an Odd Sort of Religion

Part of the problem with the current economic crisis is that economics is based on an odd sort of faith, expressed tongue in cheek by the term “money-theism,” which has been popularized by comedian Stephen Colbert. There are a few big faith claims, like the ideas that economic deregulation always promotes growth, that tax cuts for powerful corporations…

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