Read carefully: We should see in this critique (by Pope Francis), not an embrace of socialism, or a condemnation of the market economy, but a call to adopt a different ethic for the marketplace. Pope Francis is a Jesuit, a prelate from … [Read more...]
February 7, 2014 By Dr. Michel Therrien, S.T.D.
Filed Under: Articles, Magazine Tagged With: "Caritas in Veritate", a limit to the welfare solution, absoute autonomy of the market, Arthur Brooks of the American Enterprise Institute, beyond a simple welfare mentality, Catholic Social Teaching, Featured, financial speculation, globalization of indifference, idolatry of money, laissez faire capitalism, moral vision of the social order, New Evangelization, Pope Francis as a liberationist not Marxist, Pope Francis’ "Evangelii Gaudium", Pope Leo XIII, Pope Paul VI, Rerum Novarum, Sollicitudo Rei Socialis, teachings of John Paul II and Benedict XVI, trickle-down economics
February 1, 2012 By Fr. Brian Mullady, OP
Just Wage Question: Can you explain what a just wage is, and how one would determine it? Answer: The problem of the just wage is what has been called the “social question.” In order to address this issue, it is necessary to … [Read more...]
Filed Under: Questions Answered Tagged With: capitalist philosophy, common good, communism, democracy, Featured, free market, Hobbes, inalienable rights, just wage, laborem Exercens, laissez faire capitalism, Marx, Pope John Paul II, Pope Leo XIII, Pope Pius XI, Quadragesimo Anno, Rerum Novarum, Rousseau, social character, social question, solidarity, St. Thomas Aquinas, supply and demand