Living Faithfully in the Midst of Empire - The United Church of Canada
Living Faithfully in the Midst of Empire - The United Church of Canada
Living Faithfully in the Midst of Empire - The United Church of Canada
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Neo-liberalism<br />
In its dom<strong>in</strong>ant <strong>in</strong>ternational use, neo-liberalism refers to a political-economic philosophy that deemphasizes<br />
or rejects government <strong>in</strong>tervention <strong>in</strong> <strong>the</strong> domestic economy. It focuses on free-market<br />
methods, fewer restrictions on bus<strong>in</strong>ess operations, and property rights. It upholds and promotes <strong>the</strong><br />
market as <strong>the</strong> judge <strong>of</strong> <strong>the</strong> common good and enshr<strong>in</strong>es competition as <strong>the</strong> supreme good.<br />
Market capitalism<br />
In common usage, an economic system <strong>in</strong> which <strong>the</strong> means <strong>of</strong> production are overwhelm<strong>in</strong>gly<br />
privately owned and operated for pr<strong>of</strong>it, decisions regard<strong>in</strong>g <strong>in</strong>vestment <strong>of</strong> capital are made privately,<br />
and where production, distribution, and <strong>the</strong> prices <strong>of</strong> goods, services, and labour are affected by <strong>the</strong><br />
forces <strong>of</strong> supply and demand <strong>in</strong> a largely free market.<br />
Praetoria<br />
<strong>The</strong> name given to <strong>the</strong> elite bodyguard <strong>of</strong> a Roman emperor (approximately <strong>the</strong> size <strong>of</strong> a legion) or to<br />
a member <strong>of</strong> this bodyguard. <strong>The</strong> term is sometimes applied to <strong>the</strong> <strong>in</strong>ner circle <strong>of</strong> advisers to a major<br />
political figure.<br />
Preventive war<br />
A k<strong>in</strong>d <strong>of</strong> war whose public justification is proclaimed as “self-defence.”<br />
Privatization<br />
<strong>The</strong> process <strong>of</strong> transferr<strong>in</strong>g property from public ownership to private ownership and/or transferr<strong>in</strong>g<br />
<strong>the</strong> management <strong>of</strong> a service or activity from <strong>the</strong> government to <strong>the</strong> private sector.<br />
Transnational corporations<br />
Corporations with <strong>in</strong>vestments or that operate <strong>in</strong> more than one country and that regularly transfer<br />
capital across national borders.<br />
U.S.<br />
<strong>United</strong> States <strong>of</strong> America<br />
UNICEF<br />
<strong>United</strong> Nations International Children’s Emergency Fund<br />
Unilateralism<br />
<strong>The</strong> practice <strong>of</strong> a s<strong>in</strong>gle country act<strong>in</strong>g alone outside <strong>of</strong> <strong>the</strong> parameters <strong>of</strong> <strong>in</strong>ternational law to which<br />
that country is obligated.<br />
WARC<br />
World Alliance <strong>of</strong> Reformed <strong>Church</strong>es<br />
WCC<br />
World Council <strong>of</strong> <strong>Church</strong>es<br />
World Bank<br />
A group <strong>of</strong> five <strong>in</strong>ternational organizations responsible for provid<strong>in</strong>g f<strong>in</strong>ance to countries for<br />
purposes <strong>of</strong> development and poverty reduction, and for encourag<strong>in</strong>g and safeguard<strong>in</strong>g <strong>in</strong>ternational<br />
<strong>in</strong>vestment.<br />
34 <strong>Liv<strong>in</strong>g</strong> <strong>Faithfully</strong> <strong>in</strong> <strong>the</strong> <strong>Midst</strong> <strong>of</strong> <strong>Empire</strong> THE UNITED CHURCH OF CANADA
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