Crony capitalism and monopoly are what the Church would be against. The problem here is that Catholic democrats seem to think that only the republicans are capable of that.
They might want to look at the failing Detroit bailout or Solyndra.
Contrary to what a lot on the right say, we aren’t necessarily going towards Marxism, but are enveloped in crony capitalism, perhaps the worst example since Mussolini.
The Church is clearly against unregulated capitalism. From Rerum Novarum to Caritas in Veritate, that is clear.
From Sollicitudo rei socialis (Pope John Paul II):
*the West there exists a system which is historically inspired by the principles of the liberal capitalism which developed with industrialization during the last century. In the East there exists a system inspired by the Marxist collectivism which sprang from an interpretation of the condition of the proletarian classes made in the light of a particular reading of history. Each of the two ideologies, on the basis of two very different visions of man and of his freedom and social role, has proposed and still promotes, on the economic level, antithetical forms of the organization of labor and of the structures of ownership, especially with regard to the so-called means of production.
It was inevitable that by developing antagonistic systems and centers of power, each with its own forms of propaganda and indoctrination, the ideological opposition should evolve into a growing military opposition and give rise to two blocs of armed forces, each suspicious and fearful of the other’s domination.
International relations, in turn, could not fail to feel the effects of this “logic of blocs” and of the respective “spheres of influence.” The tension between the two blocs which began at the end of the Second World War has dominated the whole of the subsequent forty years. Sometimes it has taken the form of “cold war,” sometimes of “wars by proxy,” through the manipulation of local conflicts, and sometimes it has kept people’s minds in suspense and anguish by the threat of an open and total war.
Although at the present time this danger seems to have receded, yet without completely disappearing, and even though an initial agreement has been reached on the destruction of one type of nuclear weapon, the existence and opposition of the blocs continue to be a real and worrying fact which still colors the world picture.
- This happens with particularly negative effects in the international relations which concern the developing countries. For as we know the tension between East and West is not in itself an opposition between two different levels of development but rather between two concepts of the development of individuals and peoples both concepts being imperfect and in need of radical correction. This opposition is transferred to the developing countries themselves, and thus helps to widen the gap already existing on the economic level between North and South and which results from the distance between the two worlds: the more developed one and the less developed one.
This is one of the reasons why the Church’s social doctrine adopts a critical attitude towards both liberal capitalism and Marxist collectivism. For from the point of view of development the question naturally arises: in what way and to what extent are these two systems capable of changes and updatings such as to favor or promote a true and integral development of individuals and peoples in modern society? In fact, these changes and updatings are urgent and essential for the cause of a development common to all.*
