There is, in short, a nexus of interrelated assumptions built into the basic language we use of music: that musicianship is the preserve of appropriately qualified specialists; that innovation (research and design) is central to musical culture; that the key personnel in musical culture are the composers who generate what might be termed the core product; that performers are in essence no more than middlemen, apart from those exceptional interpreters who acquire a kind of honorary composer’s status; and that listeners are consumers, playing an essentially passive role in the cultural process that, in economic terms, they underpin. But because these assumptions are built into our language we can’t easily talk about them; we can’t even see them for what they are…
Whole Foods has become the first prominent supermarket chain to run a Ramadan marketing campaign—and they’re hoping Muslim customers will return the favor as they break fast. Even though Muslims traditionally forego meals during the day, lavish evening Ramadan meals could mean big bucks for the natural foods giant … as well as brand loyalty from a demographic not traditionally courted by megastore advertising.
Repossessing Virtue: Rebecca Blank on the Ethics of the Free Market
» download (mp3, 7:36)
Rob McGinley Myers, Associate Producer
The financial crisis has been a topic at all of our recent staff meetings, and we’ve been looking for different ways to address it. One idea was to begin conversations with thinkers in a variety of fields about the moral implications of what has happened and why. For the first of those conversations, we called up the economist Rebecca Blank, co-author of the book Is The Market Moral? She brings together a faith in the power of markets and her life-long Christian faith, providing a unique ethical perspective on the free market at a time when even Alan Greenspan has been expressing his doubts about it.
Give a listen and let us know what you think. And while you’re at it, share your story of how this crisis is affecting you, what you think the implications are, and where you’re looking for wisdom and strength in this shifting economic landscape.
(photo courtesy of PBS)
Editor’s update: Changed the title to include in our Repossessing Virtue series.