Wednesday, November 30, 2011

Jesuit Social Research Institute connects the dots!




A Revolution of Hope: Occupy Advent and the Vatican

by Alex Mikulich, Ph.D.

http://www.loyno.edu/jsri/revolution-hope-occupy-advent-and-vatican

We live in a moment of economic, social, moral, and spiritual impasse. Wondrous technological achievements fail to assuage our possessive individualism, fail to end extreme poverty, fail to cultivate life-giving connections between the rich and poor peoples of the earth, and fail to nurture our universal rootedness in the earth’s ecosystems.

Scandals in nearly every major societal institution erode public trust and any sense of our shared responsibility for each other. Technological prowess advanced through wars and multiple capitalist practices fail to care for the most vulnerable among us as they wreak ecological devastation and threaten the very existence of our planet.

Left to our own idolatry, the result is more of the same—insatiable consumer desire, increasing cynicism, politics and economics driven by the self-interest of the powerful against the common good, and the “presumptive” resort to violence as the solution to conflict.

In this time of global and national decline, economically, socially, and morally, how do we take up the spiritual task of waiting this Advent? For what or whom do we hope in this season of longing?

As I prepare for Advent in this time of impasse, I suggest reflection upon the unlikely congruence of two divergent resources: the Occupy movement and the Vatican’s recent statement on global financial reform, “Toward Reforming the International Financial and Monetary Systems in the Context of Global Public Authority” which is available online here.

In the words of the Pontifical Council of Justice and Peace, the authoritative office within the Vatican with the highest responsibility for Catholic social teaching, “the gap between ethical training and technical preparation needs to be filled by highlighting in a particular way the perpetual synergy between the two levels of practical doing (praxis) and of boundless human striving (poiesis).”[1]

That is a theologically sophisticated way of emphasizing the need both to integrate spirituality and ethics, individually and collectively, and restore the primacy of spirituality and ethics over capitalism and finance.

How do we begin this work in Advent?

The Occupy movement practices a way of waiting and listening I find instructive for this Advent in this moment of societal breakdown. Each word and phrase spoken by every speaker is repeated, chorus-like, by the group. It is a way Occupiers slow down the pace of conversation to attend and listen to each other’s voices. It is also a way that Occupiers give priority to voices of those previously unheard or marginalized. As they listen to each other, Occupiers seek to hear the voices of those who have not spoken or have not been heard. An example of this practice may be found on YouTube here (“Angela Davis addresses the Occupy Movement,” October 30, 2011).

I am struck by the wisdom of this Occupy practice for Advent in the way that it calls us to wait and listen, wait and attend, wait and be with one another in the midst of societal breakdown. It is a way of attending to what the Pontifical Council for Justice and Peace calls the depths of “human striving” for enduring goods of love, peace, and justice.

In the Occupy movement, if we listen and attend to the voices of the people, we hear diverse voices crying out for a different way of living, a different way of being in the world that values every voice, liberates every voice, and joins every voice in the common work of mutual uplift, healing, and new life.

Both the Occupy movement through this practice and the Vatican through its recent statement on global financial reform compel us to reflect on the need for a contemplative orientation that listens and embodies the cries of the oppressed, and their cries for freedom, for work, for liberation, and for new life in God.

Advent calls us to the spiritual labor of waiting and listening to each other, to those who are in any way oppressed, and to our deepest longings for love, connection, new life, and God.

Yet such waiting as re-orientation to the truly good is no easy task, for it demands “anguish and suffering,” as the Pontifical Council for Justice and Peace puts it, as we struggle for love and justice in the midst of societal sinfulness and decline.[2]

This spiritual labor of waiting and listening, I suggest, invites people of faith to open ourselves to our shared vulnerability with all people and to our loss of meaning and empty imagination in the midst of societal moral and spiritual decline.

Precisely at this seeming “deadendness,” abandonment, and emptiness, I wonder if God might be calling us to experience transformed desire, personally and collectively, for new vision, love, courage, and hope that renews life across the face of the earth. Might there be a miracle of transformation in the midst of emptiness and poverty?

As the contemplative Constance FitzGerald suggests, the miracle is that contemplative cries from people and the earth are “no longer silent and invisible, but rather prophetic and revolutionary.”[3]

This is where the Occupy movement and the Vatican most closely converge. Both call us to wait and listen. If we attend and listen to the groans within ourselves, from peoples everywhere, and the from the earth, we may yet hear the cry of new life and a new creation. When will we groan with all peoples and the earth for God? In waiting and listening to these groans, may we find the Spirit yearning within us for the manger where the revolution of hope and love is born.


[1] Pontifical Council for Justice and Peace, “Toward Reforming the International Financial and Monetary Systems in the Context of Global Public Authority,” in Origins: Catholic Documentary Service (Vol 41, Number 22, November 3, 2011), p. 349.

[2] Ibid.

[3] Constance FitzGerald, OCD, “The Desire for God and the Transformative Power of Contemplation,” in Mary Heather MacKinnon, Moni McIntyre, and Mary Ellen Sheehan, ed., Light Burdens Heavy Blessings: Challenges of Church and Culture in a Post Vatican II Era. Quincy, Illinois: Franciscan Press, (2000): 203-222, here 208.

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Sunday, November 06, 2011

What Would Jesus Do and Say About Occupy Wall St?





Fr. Malloy asks, ‘What would Jesus do and say about Occupy Wall Street?’

What does Jesus say about Occupy Wall Street? In the final chapters of Matthew’s Gospel we hear Jesus’ ringing calls for justice in our economic relationships.
“The greatest among you must be your servant. Whoever exalts himself will be humbled; but whoever humbles himself will be exalted,” according to Matt 23:11-12.
“And the king will say to them in reply, ‘Amen, I say to you, whatever you did for one of the least brothers of mine, you did for me.’ ” according to Matt 25: 40.

On Oct. 16, 2011, Nick Kristof reported the following in The New York Times:
• The top one percent of Americans possesses more wealth than the entire bottom 90 percent.
• In the Bush expansion from 2002 to 2007, 65 percent of economic gains went to the richest one percent.

Here are some more facts to get us thinking.
• 22 percent of children in America live in poverty.
• 15.1 percent of Americans live in poverty. That’s 46.2 million people.
• Globally, 80 percent of Earth lives on less than $10 a day.
• Across our planet, 21,000 children die each day from preventable causes.

“The Pew Research Center said its recent polling shows that a majority of Americans — for the first time in 15 years of being surveyed on the question — oppose more government spending to help the poor. The deep budget cuts by the U.S. House earlier this year included programs that helped the poor,” Business Week noted.

This concern about the common good and justice for our seven billion brothers and sisters across the planet is not some Jesuit spin on Catholic morality. For years, Catholic social teaching has said much of what many in the Occupy Wall Street movement are saying today.

“There also exist sinful inequalities that affect millions of men and women. These are in open contradiction of the Gospel,” the Catechism states.

The Catechism also discusses the dignity of human beings. “The equal dignity of human persons requires the effort to reduce excessive social and economic inequalities,” the Catechism states.

Economic Justice for All, a publication by the United States Conference of Catholic Bishops also weighs in on Catholic social teaching.

“The needs of the poor take priority over the desires of the rich; the rights of workers over the maximization of profits; the preservation of the environment over uncontrolled industrial expansion; the production to meet social needs over production for military purposes,” “Economic Justice for All” reads.

“The way society responds to the needs of the poor through its public policies is the litmus test of its justice or injustice.”

The Vatican recently called for the reform of the international financial system. Oct. 24, 2011, a division of the Vatican, the Pontifical Council for Justice and Peace, released a document on the
“Reform of the international financial system with a view toward a general public Authority.”
The church is calling for more sane and loving controls and organization of our ever-increasing and accelerating processes of globalization. The processes that result in horrific inequities and the destabilization of peace.

“In its annual Report of in 2007, the International Monetary Fund recognized the close connection between an inadequately managed process of globalization on the one hand, and the world’s great inequalities on the other. Today the modern means of communication make these great economic, social and cultural inequalities obvious to everyone, rich and poor alike, giving rise to tensions and to massive migratory movements.

“Nonetheless, it should be reiterated that the process of globalisation with its positive aspects is at the root of the world economy’s great development in the twentieth century. It is worth recalling that between 1900 and 2000 the world population increased almost fourfold and the wealth produced worldwide grew much more rapidly, resulting in a significant rise of average per capita income. At the same time, however, the distribution of wealth did not become fairer but in many cases worsened.

“What has driven the world in such a problematic direction for its economy and also for peace?
“First and foremost, an economic liberalism that spurns rules and controls. Economic liberalism is a theoretical system of thought, a form of economic apriorism that purports to derive laws for how markets function from theory, these being laws of capitalistic development, while exaggerating certain aspects of markets. An economic system of thought that sets down a priori the laws of market functioning and economic development, without measuring them against reality, runs the risk of becoming an instrument subordinated to the interests of the countries that effectively enjoy a position of economic and financial advantage,” according to the Vatican’s article.

The Vatican is calling people of good will (and institutions of higher education?) to “get smart” and figure out how to organize the global economic system in ways that recognize the inherent dignity of the person and the rights all enjoy as human beings.

One of the more controversial aspects of this document is the call to create and inaugurate “a true world political authority,” an idea first promulgated by Pope John XXIII in his 1963 encylical “Pacem en Terris”, or “Peace on Earth”.

Those who are engaged in the Occupy Wall St. movement, like the Vatican, realize the global economy is operating in ways that leave billions out in the cold, hungry and hurting. The goal of Occupy Wall Street is justice, the righting of relationships between various players in our global economic system. Jesus would support that, too. Would you?

Commentary By
Richard G. Malloy, S.J., Ph. D.
Vice President University Ministries

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Wednesday, November 02, 2011

David Brooks on the Wrong Inequality


IMHO, Brooks makes too light of the connection between the 1% and their taking so much of the pie, and the deplorable conditions of those on the bottom end of the scale, but his point is worth pondering. Even if we get (or force) the top 1% and the other fat cats to share more of their unjust share of the wealth, how will those at the bottom benefit if we do not provide education and other opportunities? Have we fallen so far that, even if we reduce inequality, the bottom 20% or 50% will not know how to reap the benefits? - Rick
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http://www.nytimes.com/2011/11/01/opinion/brooks-the-wrong-inequality.html?_r=1&ref=davidbrooks

We live in a polarizing society, so perhaps it’s inevitable that our experience of inequality should be polarized, too.

In the first place, there is what you might call Blue Inequality. This is the kind experienced in New York City, Los Angeles, Boston, San Francisco, Seattle, Dallas, Houston and the District of Columbia. In these places, you see the top 1 percent of earners zooming upward, amassing more income and wealth. The economists Jon Bakija, Adam Cole and Bradley Heim have done the most authoritative research on who these top 1 percenters are.

Roughly 31 percent started or manage nonfinancial businesses. About 16 percent are doctors, 14 percent are in finance, 8 percent are lawyers, 5 percent are engineers and about 2 percent are in sports, entertainment or the media.

If you live in or around these big cities, you see stores and entire neighborhoods catering to the top 1 percent. You see a shift in social norms. Up until 1970 or so, a chief executive would have been embarrassed to take home more than $20 million. But now there is no shame, and top compensation zooms upward.

You also see the superstar effect that economists have noticed in the income data. Within each profession, the top performers are now paid much better than the merely good or average performers.

If you live in these big cities, you see people similar to yourself, who may have gone to the same college, who are earning much more while benefiting from low tax rates, wielding disproportionate political power, gaining in prestige and contributing seemingly little to the social good. That is the experience of Blue Inequality.

Then there is what you might call Red Inequality. This is the kind experienced in Scranton, Des Moines, Naperville, Macon, Fresno, and almost everywhere else. In these places, the crucial inequality is not between the top 1 percent and the bottom 99 percent. It’s between those with a college degree and those without. Over the past several decades, the economic benefits of education have steadily risen. In 1979, the average college graduate made 38 percent more than the average high school graduate, according to the Fed chairman, Ben Bernanke. Now the average college graduate makes more than 75 percent more.

Moreover, college graduates have become good at passing down advantages to their children. If you are born with parents who are college graduates, your odds of getting through college are excellent. If you are born to high school grads, your odds are terrible.

In fact, the income differentials understate the chasm between college and high school grads. In the 1970s, high school and college grads had very similar family structures. Today, college grads are much more likely to get married, they are much less likely to get divorced and they are much, much less likely to have a child out of wedlock.

Today, college grads are much less likely to smoke than high school grads, they are less likely to be obese, they are more likely to be active in their communities, they have much more social trust, they speak many more words to their children at home.

Some research suggests that college grads have much bigger friendship networks than high school grads. The social divide is even starker than the income divide.

These two forms of inequality exist in modern America. They are related but different. Over the past few months, attention has shifted almost exclusively to Blue Inequality.

That’s because the protesters and media people who cover them tend to live in or near the big cities, where the top 1 percent is so evident. That’s because the liberal arts majors like to express their disdain for the shallow business and finance majors who make all the money. That’s because it is easier to talk about the inequality of stock options than it is to talk about inequalities of family structure, child rearing patterns and educational attainment. That’s because many people are wedded to the notion that our problems are caused by an oppressive privileged class that perpetually keeps its boot stomped on the neck of the common man.

But the fact is that Red Inequality is much more important. The zooming wealth of the top 1 percent is a problem, but it’s not nearly as big a problem as the tens of millions of Americans who have dropped out of high school or college. It’s not nearly as big a problem as the 40 percent of children who are born out of wedlock. It’s not nearly as big a problem as the nation’s stagnant human capital, its stagnant social mobility and the disorganized social fabric for the bottom 50 percent.

If your ultimate goal is to reduce inequality, then you should be furious at the doctors, bankers and C.E.O.’s. If your goal is to expand opportunity, then you have a much bigger and different agenda.


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Friday, October 28, 2011

Not Enough to Go Around?


There are those who would have you think there is not enough to go around. Truth is, out global community, which will hit 7 billion any day now, does produce enough for all. We must learn how to better share our resources (or we'll end up like these pups, waiting for the one tree...)

Our Faith and Economic Realities: What is Jesus Asking of Us?

Fr. Rick Malloy, S.J., Ph.D.


In the next few weeks, as we near the end of this liturgical Year A, we will hear the great challenges to Love and do Justice that appear in the final Chapters of Matthew’s Gospel. “The greatest among you must be your servant. Whoever exalts himself will be humbled; but whoever humbles himself will be exalted.” (Matt 23:11-12). “And the king will say to them in reply, 'Amen, I say to you, whatever you did for one of the least brothers of mine, you did for me.' ” (Matt 25: 40).


What moves in our hearts and minds when we hear these words of Jesus and then ponder the economic realities of our age?


On Oct 16 2011, Nick Kristof reported in the New York Times that:


* The 400 wealthiest Americans have a greater combined net worth than the bottom 150 million Americans.


* The top 1 percent of Americans possess more wealth than the entire bottom

90 percent.


* In the Bush expansion from 2002 to 2007, 65 percent of economic gains went to the richest 1 percent.


Here are some other factoids to get us thinking.


* 22% of children in America live in poverty.


* 15.1% of Americans live in poverty. That’s 46.2 million people.


* According to the U.S. Government, the poverty line is $22,314 for a family of four.


* Business Week noted: “The Pew Research Center said its recent polling shows that a majority of Americans -- for the first time in 15 years of being surveyed on the question -- oppose more government spending to help the poor. The deep budget cuts by the U.S. House earlier this year included programs that helped the poor.”


* Globally, 80% of Planet earth lives on less than $10 a day.


* Across our planet, 21,000 children die each day from preventable causes


SOME SELECTIONS FROM CATHOLIC SOCIAL TEACHING.


“There also exist sinful inequalities that affect millions of men and women. These are in open contradiction of the Gospel” (Catechism of the Catholic Church, #1938).


“The equal dignity of human persons requires the effort to reduce excessive social and economic inequalities” (Catechism of the Catholic Church, #1947).


“The needs of the poor take priority over the desires of the rich; the rights of workers over the maximization of profits; the preservation of the environment over uncontrolled industrial expansion; the production to meet social needs over production for military purposes” (Economic Justice for All, #94)


“The way society responds to the needs of the poor through its public policies is the litmus test of its justice or injustice” (Economic Justice for All, #123).


“Those who are more influential because they have greater share of goods and common services should feel responsible for the weaker and be ready to share with them all they possess... the church feels called to take her stand beside the poor, to discern the justice of their requests and to help satisfy them, without losing sight of the good of groups in the context of the common good” (On Social Concern, #39)

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Friday, October 21, 2011

Occupy Wall Street: More on Income Inequality in USA





















Here are some good links to info on inequality in the USA.

Income Inequality
http://inequality.org/income-inequality/

Mother Jones tells it like is is.
http://motherjones.com/politics/2011/02/income-inequality-in-america-chart-graph

Huffington Post provides charts
http://www.huffingtonpost.com/2011/04/05/us-inequality-infographic_n_845042.html#s261411&title=Wage_Inequality

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Tuesday, October 18, 2011

Listen to the 99%! Occupy Wall Street!









America’s Primal Scream By NICHOLAS D. KRISTOF Oct 16, 2011 Op-Ed Columnist

http://www.nytimes.com/2011/10/16/opinion/sunday/kristof-americas-primal-scream.html?_r=1&ref=nicholasdkristof

IT’S fascinating that many Americans intuitively understood the outrage and frustration that drove Egyptians to protest at Tahrir Square, but don’t comprehend similar resentments that drive disgruntled fellow citizens to “occupy Wall Street.”

There are differences, of course: the New York Police Department isn’t dispatching camels to run down protesters. Americans may feel disenfranchised, but we do live in a democracy, a flawed democracy — which is the best hope for Egypt’s evolution in the coming years.

Yet my interviews with protesters in Manhattan’s Zuccotti Park seemed to rhyme with my interviews in Tahrir earlier this year. There’s a parallel sense that the political/economic system is tilted against the 99 percent. Al Gore, who supports the Wall Street protests, described them perfectly as a “primal scream of democracy.”

The frustration in America isn’t so much with inequality in the political and legal worlds, as it was in Arab countries, although those are concerns too. Here the critical issue is economic inequity. According to the C.I.A.’s own ranking of countries by income inequality, the United States is more unequal a society than either Tunisia or Egypt.

Three factoids underscore that inequality:

¶The 400 wealthiest Americans have a greater combined net worth than the bottom 150 million Americans.

¶The top 1 percent of Americans possess more wealth than the entire bottom 90 percent.

¶In the Bush expansion from 2002 to 2007, 65 percent of economic gains went to the richest 1 percent.

As my Times colleague Catherine Rampell noted a few days ago, in 1981, the average salary in the securities industry in New York City was twice the average in other private sector jobs. At last count, in 2010, it was 5.5 times as much. (In case you want to gnash your teeth, the average is now $361,330.)

More broadly, there’s a growing sense that lopsided outcomes are a result of tycoons’ manipulating the system, lobbying for loopholes and getting away with murder. Of the 100 highest-paid chief executives in the United States in 2010, 25 took home more pay than their company paid in federal corporate income taxes, according to the Institute for Policy Studies.

Living under Communism in China made me a fervent enthusiast of capitalism. I believe that over the last couple of centuries banks have enormously raised living standards in the West by allocating capital to more efficient uses. But anyone who believes in markets should be outraged that banks rig the system so that they enjoy profits in good years and bailouts in bad years.

The banks have gotten away with privatizing profits and socializing risks, and that’s just another form of bank robbery.

“We have a catastrophically bad misregulation of the financial system,” said Amar Bhidé, a finance expert at the Fletcher School of Law and Diplomacy at Tufts University. “Its consequences led to a taint of the entire system of modern enterprise.”

Economists used to believe that we had to hold our noses and put up with high inequality as the price of robust growth. But more recent research suggests the opposite: inequality not only stinks, but also damages economies.

In his important new book, “The Darwin Economy,” Robert H. Frank of Cornell University cites a study showing that among 65 industrial nations, the more unequal ones experience slower growth on average. Likewise, individual countries grow more rapidly in periods when incomes are more equal, and slow down when incomes are skewed.

That’s certainly true of the United States. We enjoyed considerable equality from the 1940s through the 1970s, and growth was strong. Since then inequality has surged, and growth has slowed.

One reason may be that inequality is linked to financial distress and financial crises. There is mounting evidence that inequality leads to bankruptcies and to financial panics.

“The recent global economic crisis, with its roots in U.S. financial markets, may have resulted, in part at least, from the increase in inequality,” Andrew G. Berg and Jonathan D. Ostry of the International Monetary Fund wrote last month. They argued that “equality appears to be an important ingredient in promoting and sustaining growth.”

Inequality also leads to early deaths and more divorces — a reminder that we’re talking not about data sets here, but about human beings.

Some critics think that Occupy Wall Street is simply tapping into the public’s resentment and covetousness, nurturing class warfare. Sure, there’s a dollop of envy. But inequality is also a cancer on our national well-being.

I don’t know whether the Occupy Wall Street movement will survive once Zuccotti Park fills with snow and the novelty wears off. But I do hope that the protesters have lofted the issue of inequality onto our national agenda to stay — and to grapple with in the 2012 election year.


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