Humanitarianism, which is backed by the Gospels and often endorsed by Pope Francis.
Let’s see. That would be us, the evil capitalists, giving MONEY and assistance to underdeveloped countries in a humanitarian way and the governing heads of those countries pocketing the funds in the name of humanitarianism and letting the people starve and holding out their hands for more??? Just asking?
Can’t exist when you have central banks that create the exchange mechanisms (extend credit, regulate margins, set interest rates, etc.) necessary to conduct business. They can do quite a lot of damage in determining winners and losers without any help from the governments.
I agree with you except in saying the Confederates got their tails handed to them. They fought nobly and lost to an army that was willing to burn down whole cities. They lost to a Union army that chose to act as merciless war criminals.
I think we can all agree, there may be a better alternative to capitalism, after all, in this world, GREED is the number one priority, something God is totally against.
After He returns, we will not be earthly beings, and will not need an economy. Economics is the management of scarcity, driven by human need, but the pneumatikon soma has no need.
It certainly can be, but it’s not always the case. In the words of Servant of God Dorothy Day “there can be a Christian capitalism as there can be a Christian communism”. Certain economic systems can be acceptable if they are modified to the moral guidance of Catholic social doctrine. Capitalism can certainly be an acceptable economic system, but “pure” capitalism/economic liberalism, meaning the principle that government can NEVER intervene in the economy in principle is wrong because it puts property rights above the lives of the poor. I myself admire the idea of laissez-faire, but only on a practical level, and I would definitely not say a certain tax would be wrong if it was the only way to give a person a decent life. However, that situation is merely a hypothetical, and no current capitalist system is completely unregulated. Another definition of capitalism is the Marxist one, in which it is described as a system based on the exploitation of the proletariat wage workers by the bourgeois owners. Any system that is inherently based on exploitation is of course wrong and practicing capitalism in this format is indefensible. So, to conclude: capitalism, depending on how you define or practice it, can be either justifed or a form of slavery.
And that alternative is?
Some form of socialism. I don’t think capitalism will last another couple of centuries. Our productive ability has already outgrown this economic system. We easily have the productive power to ensure that everyone on Earth lives a decent life materially, but capitalism prevents this from being realized. Capitalists aren’t going to produce more than the market can consume, which means that capitalism essentially enforces scarcity, and it’s not as if what the market is capable of consuming actually represents people’s needs. We need a centrally planned needs-based economy, and to get rid of the market altogether.