Brilliant perception and analysis of modern Western culture by Rabbi Jonathan Sacks speaking at the Vatican. Some highlights:
To whom is an international corporation answerable? Often they do not employ workers. They outsource manufacturing to places far away. If wages rise in one place, they can, almost instantly, transfer production to somewhere else. If a tax regime in one country becomes burdensome, they can relocate to another. To whom, then, are they accountable? By whom are they controllable? For whom are they responsible? To which group of people other than shareholders do they owe loyalty? The extreme mobility, not only of capital but also of manufacturing and servicing, is in danger of creating institutions that have power without responsibility, as well as a social class, the global elite, that has no organic connection with any group except itself. As for moral responsibility, it seems that that too can be outsourced. It is someone else's problem, not mine.
Giambattista Vico described a similar cycle: "People first sense what is necessary, then consider what is useful, next attend to comfort, later delight in pleasures, soon grow dissolute in luxury, and finally go mad squandering their estates."
So the Sabbath, the family, the educational system, the concept of ownership as trusteeship, and the discipline of religious law, were not constructed on the basis of economic calculation. To the contrary, they were ways in which Judaism in effect said to the market: thus far and no further. There are realms in which you may not intrude. The concept of the holy is precisely the domain in which the worth of things is not judged by their market price or economic value.
We should seek to recover the alternative world created by the Sabbath, one day in seven in which we set limits to the power of the market to enslave us with its siren song, and instead give our relationships the chance to mature and our souls the pure air they need to breathe. We should challenge the relativism that tells us there is no right or wrong, when every instinct of our mind knows it is not so, and is a mere excuse to allow us to indulge in what we believe we can get away with. A world without values quickly becomes a world without value.