First, you are equating a capitalist with a business. These are not the same.crony capitalism occurs because of both dishonest government bureaucrats and dishonest capitalists.
Where can I find the Catholic Social Teaching that states that the Church condemns excessive income inequality?The only thing the Church has condemned is unrestricted capitalism and excessive income inequality
Evangelii Gaudium, three quotes, though it is kind of one major theme throughout this encyclical:Where can I find the Catholic Social Teaching that states that the Church condemns excessive income inequality?
It is a real stretch to extrapolate “excessive inequality” from this. It is talking about economic inequality in general. If one person has 100 apples to eat and a poor person has only 20 apples that day which is enough to feed him, then there is nothing wrong with this situation; even though this is excessive inequality.Evangelii Gaudium, three quotes, though it is kind of one major theme throughout this encyclical:
w2.vatican.va/content/francesco/en/apost_exhortations/documents/papa-francesco_esortazione-ap_20131124_evangelii-gaudium.html
We can no longer trust in the unseen forces and the invisible hand of the market. Growth in justice requires more than economic growth, while presupposing such growth: it requires decisions, programmes, mechanisms and processes specifically geared to a better distribution of income, the creation of sources of employment and an integral promotion of the poor which goes beyond a simple welfare mentality.
The joy of living frequently fades, lack of respect for others and violence are on the rise, and inequality is increasingly evident.
Just as the commandment “Thou shalt not kill” sets a clear limit in order to safeguard the value of human life, today we also have to say “thou shalt not” to an economy of exclusion and inequality. Such an economy kills. How can it be that it is not a news item when an elderly homeless person dies of exposure, but it is news when the stock market loses two points? This is a case of exclusion. Can we continue to stand by when food is thrown away while people are starving? This is a case of inequality. Today everything comes under the laws of competition and the survival of the fittest, where the powerful feed upon the powerless. As a consequence, masses of people find themselves excluded and marginalized: without work, without possibilities, without any means of escape.
Then use what term you will. I am not tied to the term I use. If memory serves right, he used different language when he addressed Congress. I remember this encyclical receiving criticism for conservatives when it came out.It is a real stretch to extrapolate “excessive inequality” from this.
The Church has always opposed Communism and Socialism.Can Communism be compatible with Catholicism? Or more specifically, can one belong to the Communist Party and still be a Catholic? I know that the Communist Party USA is all inclusive and even states that those of all religious faiths are invited and encouraged to join. Evidently, one needs not to be an atheist to be a Communist today.
But you stated ‘the majority’, most business operate on a 1-4% profit margin. Which means that the ‘upsell’ of the product is not a majority. Even if a business operated on a 20% profit margin, which is incredibly rare, your statement would still be false.All employees are paid less than the value of what they produce. If not there would be no reason to hire them…
The profits of a business are not the same as the surplus value extracted from the worker. Some of the surplus will go towards paying bills, the cost of the raw materials involved in my labour, the cost of maintaining capital, etc.But you stated ‘the majority’, most business operate on a 1-4% profit margin. Which means that the ‘upsell’ of the product is not a majority. Even if a business operated on a 20% profit margin, which is incredibly rare, your statement would still be false.
Socialism is a close second. The problem with socialism is that people believe it is not communism and it may have value. Socialism has many different levels of development and it can incrementally develop into severe socialism; which produces evil outcomes.Communism was created by the Godless to have heaven on earth - but because man is so corrupt it is and always will be a spectacular failure - an impossibility. Foolishness in the eyes of God.