MindOverMatter2
economic dictatorship has supplanted the free market
In
Quadragesimo Anno, Pius XI, 1931, #88, stated that “economic dictatorship…has recently displaced free competition, and in #41:
“however, she can in no wise renounce the duty God entrusted to her to interpose her authority,
not of course in matters of technique for which she is neither suitably equipped nor endowed by office, but in all things that are connected with the moral law.
Pius XI acknowledged that **there are limits to what the moral theologian may say within the economic sphere, since each “employs each its own principles in its own sphere.” **(#42).
As Fr James V Schall, S.J., in *Does Catholicism Still Exist?, *Alba House 1994, p 184-185 explains:
“Since the Catholic Church wants poverty confronted, since She wants this confrontation to be done justly and with the interest and cooperation of the workers and the poor, She has had to acknowledge, as did the socialist systems themselves, that there are certain ways that must be employed if mankind is to meet its economic problems. These ways can be known and imitated, but they must include a juridical system, profit, enterprise, knowledge, exchange, a market, voluntary organisations, a relatively independent economy, private property, and respect for work and excellence.”
That’s why we have laws to seek and punish those who steal, cheat, swindle, and worse crimes. That’s why we have the Catholic Church to guide us – She who invented charity in the West. It’s time to face reality.
No wealth can be created until it is produced – that’s why the Catholic Late Scholastic system of free enterprise works so well to enable everyone to produce some wealth and to do with it as they choose through free-will. The economic laws they discovered are based on the principles of human action – of cause and effect involving God-given reason.
Free enterprise doesn’t emphasise greed and self over the common good – do you know of any legitimate business that can survive without giving its customers value for money, with other similar businesses competing for the customers’’ patronage? Is the State going to do a better job of allocation of scarce resources?
through the eyes of right wing capitalists who see the faith as a justification to exploit the poor
.
You have failed to answer (post #19):
How is Catholicism seen to justify exploiting the poor? Which “right wing capitalists” do such a thing to Catholicism, and how?