Inequality, unemployment, degradation of our environment: these and other practical economic problems reflect faulty economic theories. We have been led astray by ideas that made some sense in the past but are unsuited to our times and by ideas that are fundamentally mistaken. The Catholic Church has an extensive body of teachings on economic and social matters, too little known even among Catholics, which offers practical alternatives to the economics of the jungle. This book provides clear explanations of major errors in conventional economic thinking and shows how the church's teachings can point us in a better direction.
Papal Economics corrects the record about one of the most important—but least understood—authorities on capitalism and democracy: the Catholic Church. Maciej Zieba, OP—a leading interpreter of the thought of Pope John Paul II—takes readers on an enlightening tour through the Catholic Church’s social teaching on economics and governance. Examining papal pronouncements from the late nineteenth century to the present, Zieba shows that the Church displays a profound understanding of democracy and support for free markets. But this praise is not unqualified—a major reason why secular commentators of all stripes misinterpret Catholic social teaching. Updated with a brand-new afterword explaining the controversial economic teachings of Pope Francis, Papal Economics is the essential book for understanding the proper path forward.
Inequality, unemployment, degradation of our environment: these and other practical economic problems reflect faulty economic theories. We have been led astray by ideas that made some sense in the past but are unsuited to our times and by ideas that are fundamentally mistaken. The Catholic Church has an extensive body of teachings on economic and social matters, too little known even among Catholics, which offers practical alternatives to the economics of the jungle. This book provides clear explanations of major errors in conventional economic thinking and shows how the church's teachings can point us in a better direction.
The new interdisciplinary field of Christianity and economics deals with the important and difficult questions that cluster at the boundary of these disciplines, drawing on contemporary theory and empirical findings in both fields, with roots in older discourses. This landmark volume surveys the field and advances the discussion. It deploys historical, economic, and theological analysis to search for answers.
The Church and the Market is a vigorous and lively defense of the market economy and a withering attack on all forms of state intervention. It covers labor unions, monopoly, money and banking, business cycles, interest, usury, and much more. Although it makes a particular point of noting the moral arguments of the market economy and that Catholics are of course perfectly at liberty to support it, its audience is much broader than Catholics alone. Readers of all religious traditions and none at all have praised The Church and the Market, first-place winner in the 2006 Templeton Enterprise Awards, as one of the most compelling and persuasive defenses of capitalism against its critics ever written.
From populism and progressivism to the New Deal and post-World War II conservatism, Catholic economists and social thinkers have confronted the same problems as other Americans. Within the Market Strife recounts the history of American Catholic views on economic issues and places those views firmly wihtin the context of their time.
In a period often viewed by historians as one in which Catholics labored in an intellectual ghetto, shut off from mainstream American thought and culture, a number of Catholic intellectuals were thinking seriously about the relationship between Catholicism and its American context. Within the Market Strife examines these views on economic questions in the period 1891-1962, from populism and progressivism to the New Deal and post-World War II conservatism. The book uniquely contributes to the historical understanding of Catholicism _ and of American intellectual history more generally _ by examining the ways in which Catholic views variously mirrored and interacted with broader American (non-Catholic) views. Within the Market Strife combines Catholic and general American historiographies to discern the ways in which American Catholic economic thought was dependent on factors other than their adherence to the authoritative social teaching of their church, unique political loyalties, personal experience, and economic theories. This book is an essay in intellectual history that will prove itself invaluable to scholars interested in Catholic history, economic history, American religious history, and American intellectual history.
Ethics and Economics is divided in two parts. In the first one, Italian and French catholic thinkers, are analysed by well-known scholars, with basic reference to the economic view of their work. In the second part the economic environment is described and proposals, based on the social catholic thought, for the solution of the most diffused economic problems are given. The book therefore furnishes an alternative approach to the orthodox economic analysis and, for this reason, it may be a useful tool for researchers who wish to compare their theoretical approach with a less conventional one, and for scholars who want to examine closely alternative views to the traditional economic models and paradigm.
In the decade since the financial crisis of 2008, governments around the world have struggled to develop strategies to stabilize precarious markets, encourage growth, and combat mounting wealth inequality. In the United States, the recovery from that crisis has exacerbated the fears of the working and middle classes and pitted those classes against the wealthy. Although we participate every day in economic life as workers, consumers, employers, or activists, we often experience the economy as a mysterious force that we cannot control, or fully understand. Matthew Shadle argues that Catholics ought to be able to draw on their faith to help navigate and make sense of economic life, but too often the effort to get ahead or just stay afloat drowns out faith's appeal. Interrupting Capitalism proposes a new strategy for Christian economic discipleship. Rather than engage the two theological poles of continuity and rupture, Christians should interrupt capitalism: neither whole-heartedly endorsing global capitalism nor seeking to dismantle it. This means "breaking into" the economy, embracing those aspects that enhance human well-being while transforming the market in a spirit of solidarity. Shadle argues that all three of the dominant theological approaches dealing with economic life-the progressive, neoconservative, and liberationist-are theologies of continuity. A fourth approach, a communitarian one, he believes, can best embody the strategy of interrupting capitalism. The Catholic tradition, including its tradition of social teaching, provides a cultural structure that, along with their own social context, conditions how Catholics think about and engage in economic activity. Drawing on the resources of the tradition, theologians reflect on this activity, giving it a theoretical justification and offering correctives. Both the experience of ordinary Catholics and the work of theologians feed into new articulations of Catholic social teaching. Offering an overview of Catholic thought since the Second World War, Shadle begins with the experience of Catholics in Western Europe at mid-century, moving to Latin America and the United States in the 1970s and 80s, and then concluding with the phenomenon of globalization.
