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Idolatria financeira, sacrificialismo e ética do amor.

Authors :
Bavaresco, Agemir
Iber, Christian
Source :
Revista de Filosofía. 2022, Vol. 39 Issue Especial, p353-365. 13p.
Publication Year :
2022

Abstract

Economic theories make diagnoses to interpret current economic scenarios in times of pandemic. The problem is how to understand the money fetish that imposes a domination of the market installed by states with world power, provoking a flow of capital that legitimizes the domination of financial capital over poor countries. It is a financial idolatry that causes structural sacrificialism in human beings. Could an ethics of love criticize an idolatrous system, that is, the domination of capital can be appeased with human sacrifices? The Trinitarian fallacy of the renowned economists defends: First to grow, then to stabilize and, finally, to distribute profits and wealth. This fallacy is unveiled, because now there is credit for everything. So, will credit have an impact on capital, that is, will capital enter a new cycle? How can the state offer cheap credit, and even more, how can a poor universal "basic income" now be given? It seems clear that the states of the global South will lose their solvency because of this, while the states of the world currencies will be able to generate unlimited credit. This phenomenon is based on the unequal distribution of capitalist wealth in the world. The study begins with the exposition of the theme of Christian reconciliation as an inversion of the atoning sacrifice; then, the "Society of free men" is described in opposition to the commodity fetish in capitalism. The political economy justifies the fetish of money and capital, legitimizing the national debt in the face of the world pandemic. The money fetish disappears in the rational explanation of inflation and credit. However, what does not disappear is the power of money over market participants in all countries, because this power is a practical matter. The fetish of money and capital can be unmasked through its scientific explanation. Therefore, although the fetish is theoretically explained and its power of domination and alienation demonstrated, in practical terms it is not eliminated and overcome. Theory X practical: this is the contradiction of financial idolatry that continues to demand human sacrifices to be immolated on the altar of capital. [ABSTRACT FROM AUTHOR]

Details

Language :
Portuguese
ISSN :
07981171
Volume :
39
Issue :
Especial
Database :
Academic Search Index
Journal :
Revista de Filosofía
Publication Type :
Academic Journal
Accession number :
163178340
Full Text :
https://doi.org/10.5281/zenodo.6450626