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5 - Christianity and Corporate Purpose

Published online by Cambridge University Press:  18 June 2021

By
Stephen M. Bainbridge
Edited by
Daniel A. Crane  and
Samuel Gregg
Daniel A. Crane
Affiliation:
University of Michigan, Ann Arbor
Samuel Gregg
Affiliation:
Acton Institute
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Summary

The 2020 Democratic Presidential nomination contest was unique in recent American history in that multiple candidates explicitly embraced social democracy and, in Bernie Sanders’ case, even outright socialism. Given the political importance of social democracy in many other Western economies, it seems curious that it has not played a significant role in American politics up to now. Various explanations have been offered for that failure, but one especially provocative explanation for it is the success of the American public corporation.

Type
Chapter
Information
Christianity and Market Regulation
An Introduction
 , pp. 101 - 117
Publisher: Cambridge University Press
Print publication year: 2021

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