This paper endeavours to offer critical points of reference from a Reformed Christian perspective and reflect on the economic changes, the transition from totalitarian Communism to the harsh realities of capitalist, exploitation in a new era that impacted the church and society as well. It is a well-known fact that not only did new entrepreneurs emerge in the region with the 'good news' of free market that was perceived by the public as an era of Canaan, but also that the political power of former Communist leaders was preserved and transformed into economic power in the new democratic era with its harsh capitalism. This is an irony of lived history. The presentation seeks to address how misleading the 'evangelisation' of secular liberal ideology was, how it caused inequality, maintained the well-preserved hegemony of the West reducing East-Central Europeans to second class citizens. Also, it intends to unveil the Janus face of politics which was ready to cooperate with former Communist top party influencers. To some degree, it is not an exaggeration to state that often the most ruthless and cunning communists became the most adaptive and cheerful proponents of democracy and capitalism both in society and religious traditions. All such observation leads to reflection on the nature of human beings which is one of the core tenets of Western religious realisations emerging from Christianity. Against this social-economic background a critical reading is attempted through the lenses of selected liberation scholars from Latin America, Asia and Central Europe such as L. Boff, A. Byung Mu and I. Török.