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As the economy becomes more focused on monetary exchange, we overlook underlying realities that are hidden from plain sight. Largely invisible aspects of our economic life such as transactionalisation and industrial efficiency are transforming our society and can shape our future in unexpected ways. So what does this mean for the future of capitalism and our society?
One reasonably could ask whether this is the moment to write a book about the potential of Catholic Social Theory to contribute to Australian politics and policy. After all, the Church is still struggling to come to terms with decades of child abuse, hardly a recommendation for social potential. We currently also are attempting to make sense of a Plenary that is both confused and confusing.
We live in an era of hyper-transactionalism, whereby most of what we do is subject to the exchange of money and market pricing. Whereas in the past much of humanity was bound to a political system, now most of us are bound to a globalised monetary system.