Philip Booth, Leonard P. Liggio, John Kennedy's Catholic Social Teaching and the Market Economy PDF

By Philip Booth, Leonard P. Liggio, John Kennedy

ISBN-10: 0255365810

ISBN-13: 9780255365819

This quantity, taking account of contemporary advancements in either political economic climate and Catholic social educating, examines the level to which that instructing can be utilized to justify the unfastened marketplace, or replacement types of political and fiscal association, in components corresponding to taxation, welfare, overseas reduction, exertions markets and enterprise. all through heritage, yet relatively within the final century or so, the Catholic Church has built a proper physique of educating on monetary and political issues. different Christian faiths have absorbed a lot of that paintings, as have non-Christians, and therefore the physique of Catholic social instructing has usually been influential within the public coverage enviornment. The publication additionally severely examines the final case for an interventionist country within the fiscal sphere, in addition to the significance of the improvement of in charge tradition, underpinned by way of sound schooling, in a loose society.

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Extra info for Catholic Social Teaching and the Market Economy

Sample text

On the other hand, if it were within the power of potential donor governments to create systems of good governance, aid might well not be needed to nurture development. It is certainly a moral failing if we know how to alleviate poverty and do not do so. It cannot be a moral failing, however, to reject a particular approach based on an honest interpretation of the evidence and theory. It may be possible to develop ways to better distribute aid so that the problems described above do not arise. Erixon (2005) suggests that aid can complement an internal reform programme that is already developing within a country – though aid tied to a reform programme imposed from outside does not seem to be effective.

Others, equally in good conscience, might not. Given that experience of successful development strategies imposed or even nurtured from outside a given country is relatively limited, the specific guidance that it would be reasonable for the Church to give ought to be correspondingly cautious, perhaps along the following lines: Extreme poverty is an extremely serious matter: Christians should try to find and promote policies that they believe, in good conscience, and in a spirit of prudence, will genuinely help the promotion of development.

This is an important move forward and change of emphasis from the encyclicals of the 1960s, which tended to emphasise income transfers; perhaps the later encyclicals responded to the better understanding of the economics of development and the economics of institutions that was prevalent by the time Centesimus annus was published. This analysis still leaves open, however, the issue of how we should respond if the political, legal and economic environment is not only hostile to economic development but also such that aid will be wasted and may be used to centralise power within corrupt political systems.

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Catholic Social Teaching and the Market Economy by Philip Booth, Leonard P. Liggio, John Kennedy

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