{"id":23134,"date":"2015-06-27T00:14:37","date_gmt":"2015-06-27T04:14:37","guid":{"rendered":"https:\/\/anglicansamizdat.net\/wordpress\/?p=23134"},"modified":"2015-06-27T00:14:37","modified_gmt":"2015-06-27T04:14:37","slug":"justin-welby-peddles-inclusive-capitalism","status":"publish","type":"post","link":"https:\/\/www.anglicansamizdat.net\/wordpress\/justin-welby-peddles-inclusive-capitalism\/","title":{"rendered":"Justin Welby peddles \u201cinclusive capitalism\u201d"},"content":{"rendered":"<p>I was under the na\u00efve impression that there was nothing left to which the overused to the point of meaninglessness adjective \u201cinclusive\u201d could be applied \u2013 but I was wrong.<\/p>\n<p>From <a href=\"http:\/\/www.christiantoday.com\/article\/justin.welby.says.capitalism.is.inherently.selfish.calls.for.generosity\/57154.htm\" target=\"_blank\">here<\/a>:<\/p>\n<blockquote><p>The Archbishop of Canterbury today calls on business and market leaders to be less self-serving and to adopt a new model known as &#8220;inclusive capitalism&#8221;.<\/p>\n<p>[\u2026..]<\/p>\n<p>&#8220;Rather than just seeking a return on investment, there has to be a generosity that reaches out.&#8221;<\/p>\n<p>Any model of capitalism that relied solely on self-interest would lead to the collapse of society, he warns, writing in the Telegraph.<\/p>\n<p>&#8220;Altruism, the imitation of the God who acts in love that does not seek return, is a crucial part of a stable and functional society.&#8221;<\/p><\/blockquote>\n<p>To what organisation should we look for inspiration in eschewing financial <em>self-interest<\/em> and seeking no return on investments? The <a href=\"https:\/\/www.churchofengland.org\/about-us\/structure\/churchcommissioners\/assets.aspx\" target=\"_blank\">Church of England<\/a>, of course:<\/p>\n<blockquote><p>The Church Commissioners\u00a0hold investments whose value was approaching \u00a36.7 billion at the end of 2014.<\/p>\n<p>[\u2026..]<\/p>\n<p>Their long term target is a return of at least RPI <em>[inflation]<\/em> plus 5% over the long term.<\/p><\/blockquote>\n<p>A paradigm of <em>inclusive capitalism<\/em>: it includes \u00a36.7 billion and 5% return over inflation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I was under the na\u00efve impression that there was nothing left to which the overused to the point of meaninglessness adjective \u201cinclusive\u201d could be applied \u2013 but I was wrong. From here: The Archbishop of Canterbury today calls on business &hellip; <a href=\"https:\/\/www.anglicansamizdat.net\/wordpress\/justin-welby-peddles-inclusive-capitalism\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[198],"tags":[2089,2015,2186],"class_list":["post-23134","post","type-post","status-publish","format-standard","hentry","category-justin-welby","tag-church-of-england","tag-hypocrisy","tag-justin-welby"],"_links":{"self":[{"href":"https:\/\/www.anglicansamizdat.net\/wordpress\/wp-json\/wp\/v2\/posts\/23134","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.anglicansamizdat.net\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.anglicansamizdat.net\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.anglicansamizdat.net\/wordpress\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.anglicansamizdat.net\/wordpress\/wp-json\/wp\/v2\/comments?post=23134"}],"version-history":[{"count":0,"href":"https:\/\/www.anglicansamizdat.net\/wordpress\/wp-json\/wp\/v2\/posts\/23134\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.anglicansamizdat.net\/wordpress\/wp-json\/wp\/v2\/media?parent=23134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.anglicansamizdat.net\/wordpress\/wp-json\/wp\/v2\/categories?post=23134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.anglicansamizdat.net\/wordpress\/wp-json\/wp\/v2\/tags?post=23134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}