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Antitrust Law

Christian Restorative Justice and Corporate Law

 

Photograph: Monopoly board game. Photo credit:  William Warby, Creative Commons 2.0 (cropped).

Introduction

Corporate monopolies pose moral, economic, and political problems. They often engage in price fixing, affecting consumers; they have disproportionate power over labor wages, as well as towns, cities, states, and nations; they can control their supply chains in ways that erode the health of the natural and business environments; they are politically fascist and contribute to fascism in a deregulated economy where they also control media and lobbyists. Christian ethics must approach this issue by including observations of how God distributed land, the resource with the most productive power, in a very egalitarian and broad fashion, in Leviticus 25 and elsewhere.

Spotlight

Plantation Capitalism vs. Jesus’ Jubilee Economy

In this class, explore this public good approach to Christian ethics in the public square. This series will highlight twelve key relationships distorted by Plantation Capitalism, a system of production where elites exploit people and the planet, and corrected by Jesus in his Jubilee Economy. The following videos address finance:

Video 3: Enslavers vs Enslaved. Thieves vs Victims. Debtors vs Lenders. Employers vs. Poor & Poorer Workers. Christian faith had set up certain laws in Europe that abolished chattel slavery, thwarted the worst of labor exploitation, and persistently tried to limit finance and banks. But the colonies were a legal gray zone, where people could get away with exploitation and theft that they couldn't get away with back in Europe. European colonizers treated the North American colonies as a safe place to practice their heresies.

Video 5: Labor vs. Capital; Privatizers vs. Common Goods. Jesus reasserted God's vision of flourishing, where human and land health, and then labor rights, took clear priority over the right of elites to use money to make more money. How does WalMart do? See how we grade it. Also, Berlin residents voted to force BlackRock -- now a massive corporate landlord -- to sell back housing units to the city. How would Jesus think about that? We examine Jesus’ teaching on the relationships of Labor vs. Capital and Privatizers vs. Common Goods. Jesus asserted his claim on all creation and all people. So he extended the relational vision of God for human flourishing, where human health and land health, and human rights and labor rights took clear priority over the rights of capital and the ability of elites to use money to make more money.

See our class description. Register at our Thinkific course site.

Debate on Facebook with LF About Vaccines and Anti-Trust (May 13, 2021) about COVID-19 vaccine development and anti-trust as a limitation on the vaccine supply-chain

Debate on Facebook with LF About Inflation Being Partly Caused by Monopoly (Dec 29, 2022) about why “shareholder profits” is not enough

Debate on Facebook with LF About the Big Four Meat Processing Companies Inflating Prices (Jan 13, 2022) about the fact that massive meat processing companies are able to make more profits on meat simply by raising prices, not because the cost of raising cattle, or transporting cows, or paying labor has gone up.

Corporate Law: Topics:

Christian Restorative Justice, Business, and Economics: Topics:

Christian Restorative Justice Critique of the Right: Domestic Policy Topics:

Christian Restorative Justice Critique of the Right: Philosophical Influences: