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The Two Churches: Catholicism and Capitalism in the World System

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The single most important change now well under way within Catholicism is its transition from a First World to a Third World entity. How this enormous shift will affect the Catholic church's role in the world economy is the subject of Michael L. Budde's book, the first world systems study of the mutual interaction of religion and political economy in the 1990s.
Budde's argument here is twofold. He contends that world Catholicism, led by its Third World majority (most notably in Latin America...