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[German Version] I. Law – II. Religious Studies – III. Sociology and Social Ethics I. Law Potential for development is of the essence of human personality. The legal instruments that promote this development include the contract, understood as a bilateral or multilateral agreement governing a legal relationship, entered into by the parties. Mutual assent ( consensus ad idem) of the parties to a contract has been constitutive since the beginning in both the ancient world and Judeo-Christian culture. Matt 20:1–16, for example, takes it …

[German Version] I. Historical Perspective – II. The New Globalization – III. A Global Preferential Option for the Poor – IV. Risks for Those Left Behind I. Historical Perspective Globalization means the transnational integration of formerly separate markets for goods and services, labor, and capital (Multinational corporations). This ¶ integration is driven by diminishing costs of transport and communication resulting from technological processes, but also by political reforms. Long-term analysis of world trade shows that (1) in the second…