Home
/
RELIGION & LIBERTY ONLINE
/
Neither Worshipping Nor Demonizing Capitalism
Neither Worshipping Nor Demonizing Capitalism
Apr 30, 2025 11:11 PM

Questions about poverty and social teaching are on the forefront of Pope Francis’ mind, as he’s made convincingly clear in his young papacy. This calls for cogent thinking on the topic, according to Fr. John Flynn, LC in “Francis and Catholic Social Teaching: Debates About Economy, Equality and Poverty Sure to Continue.”

Flynn cites Jerry Z. Muller, professor of History at the Catholic University of America, who gives credit to the astonishing “leap in human progress” that capitalism has brought about, but cautions that some find the disparity between rich and poor, the powerful and the dispossessed, to be grounds for anti-capitalist sentiment. Muller points out that this type of inequality seems to be growing internationally.

Flynn looks for answers to how Christians should address such economic inequality in several articles of the Acton Institute’s Journal of Markets & Morality, (Vol. 15, No. 2). First, he looks at Antonio Pancorbo’s “Illustrating the Need for Dialogue between Political Economy and Catholic Social Teaching.”

Pancorbo expressed a number of criticisms of the welfare state, but he also acknowledged that it monly accepted that society should provide for people’s essential needs. He admitted that Caritas in Veritate referred to inequality as a social evil, but then also argued that maybe it is more productive to reduce poverty, rather than trying to eliminate all inequality.

“Sound economic thinking should collaborate with the Church in establishing guidelines for action that are morally acceptable, that do not ignore economic laws, and that propose technically feasible solutions to economic and political matters,” he concluded.

“The Moral Meaning of Markets,” written by Ryan Langrill and Virgil Henry Storr, of George Mason University, appeals to a broader view of virtue in the market place. They acknowledge that greed exists, but is not inevitable.

Finally, Flynn turns to “Biblical Warnings to ‘the Rich’ and the Challenge of Contemporary Affluence,” by Clive Beed, retired from the Department of Economics at the University of Melbourne, and Cara Beed, retired from the Department of Social Science at the Australian Catholic University.

There was no middle class in Biblical times and the levels of wealth have drastically changed since then, they observed. They also admitted, “The existence of wide gaps between rich and poor is anathema to God’s designs.”

The Bible’s warnings to the rich do not apply to modern middle class people, they affirmed. Nevertheless, Christians do have a responsibility to help those who are poor and this applies much more so to those who are rich.

Surely, Pope Francis will continue to publicly weigh these issues as his papacy continues, giving Christians more to ponder as they seek a way to alleviate dire poverty and live out the Christian ideal in their economic lives.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Explainer: What you should know about federal deficits
What just happened? The White House Office of Management and Budget recently released a forecast that the federal deficit would exceed $1 trillion this year. As Fox News points out, this would be the first time since the four years following the Great Recession that the deficit reached that level. What is the federal deficit? The term federal deficit refers to the federal government’s fiscal year budget deficit. Such a deficit occurs when total outgoing expenditures (such as for buying...
Edmund Burke on true freedom
In the United States, a growing number of Americans, especially young Americans, are calling for extreme personal autonomy in the guise of “freedom,” while promoting increased government control and coercion. The left, for example, defends radical pro-abortion laws motivated by a desire for personal autonomy. Yet, they look to the government to enforce their radical individualism. Additionally, the left’s praise of democratic socialism has increased dramatically in the past decade. Now, over half of Democrats are in favor of socialism...
Virtue in a tech economy: Why STEM education isn’t enough
As our global economy has grown more technological, connected, plex, fears continue to loom about an economic future wherein our workers are rendered obsolete—whether by new products and industries, new forms of automation, or petitive labor forces across the globe. Struggling to keep up with the pace, e to embrace technical knowledge and skills-based expertise as the supreme value in many of our educational institutions, crafting a host of STEM education programs and various incentives to prod and prepare our...
There is no ‘Catholic case for communism’
On Tuesday, the Jesuit-runAmerica magazine published an apology for Communism that would have been embarrassing in Gorbachev-era Pravda. “The Catholic Case for Communism” minimizes Marxism’s intensely anti-Christian views, ignores its oppression and economic decimation of its citizens, distorts the bulk of Catholic social teaching on socialism, and seemingly ends with a call to revolution. While author Dean Dettloff claims to own Marxism’s “real and tragic mistakes,” he downplays these to the point of farce. He admits, without elaboration, that “Communism...
Inadequate: Catholic magazine explains why it published Communist propaganda
If Dean Dettloff’s “The Catholic Case for Communism” were intended to be thought-provoking, it raises only one question: Why did America magazine facilitate this mendacious PR exercise? Editor Fr. Matt Malone, S.J.. felt a need to explain “Why we published an essay sympathetic munism.” (Read our analysis of the original article here.) Fr. Malone likened the article to the magazine bashing Senator Joe McCarthy, which he said took place after America “spent much of the previous 50 years loudly munism.”...
Religion in Europe? It’s complicated
It’s not unusual for Europe—especially Western Europe—to be portrayed as a continent in which religion and, more specifically, religious practice is in decline. No doubt there’s much truth to that. When you start looking at the hard information, however, it soon es apparent that the situation is plicated. Take, for example, France. It is often portrayed as a highly secularized society. Again, there is considerable truth to that picture. Yet a recent study of the state of religion in France...
Samuel Gregg on a bishop in France’s public square
Michel Aupetit, the Archbishop of Paris, was rather new to his role when the Cathédrale Notre-Dame de Paris fire pushed him into the spotlight. But Aupetit was more than ready to take his place in the public square, says Samuel Gregg. In a book review for The University Bookman, Gregg considers the archbishop’s role in the representing the Catholic faith: Archbishops of Paris have traditionally been seen as representative of Catholicism in France and setting the tone for how the...
Explainer: What you should know about the federal government’s two-year budget deal
What just happened? Yesterday the House of Representatives passed a passed a two-year budget and an agreement to once again raise the debt limit. The bill, known as the Bipartisan Budget Act of 2019, is expected to be passed by the Senate next week. What does the Bipartisan Budget Act of 2019 do? The legislation amends the Balanced Budget and Emergency Deficit Control Act of 1985 to establish a congressional budget for fiscal years 2020 and 2021. The main actions...
China’s recycling ban: Surprisingly helpful for the environment
Off the coast of California floats a Texas-sized island made out of garbage. prised almost entirely of humanity’s plastic waste. Where did this garbage mass in the middle of the Pacific Ocean came from? Plastic dumping. Plastic dumping is the practice of simply throwing away waste into rivers or lakes which eventually lead out into the ocean. Why isn’t this plastic being recycled? Why does this island of garbage continue to grow despite laws that prevent plastic dumping? The answer...
French-language readers of transatlantic learn of free-market environmentalism
The Acton Institute continues our outreach to the Francophone world with a new translation of one of our articles on the pivotal issue of environmental stewardship. The latest offering illustrates how the free market cares for creation better than government intervention. Our friend Benoît H. Perringraciously translated Joseph Sunde’s article “Free market environmentalism: Conserving and collaborating with nature”; the resultant “Une écologie de marché pour collaborer avec la nature” may be read at Acton’s Religion & Liberty Transatlantic website. Sunde...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved