T
teeboy
Guest
Q: Is Pride a sin?
A: I believe boasting is a sin.
A: I believe boasting is a sin.
I’m doomed…:crying:Q: Is Pride a sin?
A: I believe boasting is a sin.
And I brought it up because I may have misread something Abu wrote, thinking that he was saying that people and businesses are seperate.Sorry, sallybutler brought it up. Our personal and business responsibilities are formally divided. People are alienated not only from one another, but from themselves. There is little penalty for economic recklessness. To encourage innovation, the system encourages: waste, plundering, exploitation of the weak, etc.
Are we still on Catholic.com? Did I hit the wrong button?
You must be joking. I own a business. We conduct ourselves morally. Period. Always.Sorry, sallybutler brought it up. Our personal and business responsibilities are formally divided. People are alienated not only from one another, but from themselves. There is little penalty for economic recklessness. To encourage innovation, the system encourages: waste, plundering, exploitation of the weak, etc.
Are we still on Catholic.com? Did I hit the wrong button?
STOP…I have heard enough…Get your head back in those books. If you are not working …you have the time.I appreciate that Zolt.
The problem is there are lots of intelligent and talented people out there to compete with. The eternal optimist in me says something will come along, but I’m gutted my aspirations of becoming a lawyer have bit the dust. That said, someone once said to me, ‘Go through the door that is open.’ The next door that opens I’m going through it.
Well in a True Pure Capitalistic…oh you’ve heard that one before.Good points, difficult to rebut. However - where do you stand on consumer protection?
Yes, I remember. But just a few popes ago the Church was extolling Capitalism.A bit like democracy then?
The Church has recently spoke out of the inequalities and injustices that result from capitalism. We encountered each other on a thread discussing that very topic.
You may use any of my quotes to embellish your essay.Funny I’m currently writing an essay on the dominant culture and tyranny of the majority.
I’m not a libertarian. I consider myself a “hard core” laissez-faire Capitalist. (Radical sounds…well …radical)This is my very issue with capitalism. It’s moral nature and political principles have never been developed and defined and the most radical capitalists, libertarians, in my view duck the issue entirely.
Such continued denial of reality and history is puerile.ThomasJMullally #551
we essentially have a system that at its very best is morally neutral. It was designed on its face (according to Smith’s “Wealth of Nations”) to negate the efforts of the common man to make a profit, through an “invisible hand” of competition enforced by the laws of the capitalist state.
First I would like to say I hope the OP doesn’t think I am derailing the thread talking about this - perhaps it’s indirectly relevant.STOP…I have heard enough…Get your head back in those books. If you are not working …you have the time.
My daughter, who majored in “boys” throughout college, decided to go to law school. I tried to talk her out of it because she was not a really good student and I knew I would be picking up the tab. She went and graduated. But she could not seem to pass the Bar Exam for a license. She has never worked as an attorney, but has gotten some very well paying jobs and promotions that she credits to her “useless degree” as she calls it.
She almost gave up…until I notified her that the Zoltan Cobalt Legal Education Grant would have to be repaid if a degree was not forthcoming.
Don’t give up Murph! :tsktsk:
So how do we do that without government legislation?I am all for consumer protection as long as it protects consumers. Too often it is used to protect one business from competition.
Probably!In New york City, the Public Health Department closes down an average of ten restaurants every day due to health violations. Yet people still get food poisoning from restaurants that have passed their inspections… Could a Public Health Inspector be offered a bribe???
I have no problem with property rights, free enterprise and trade. No has any issues with the free market aspect of the EU. The big issue is free movement of persons.Yes, I remember. But just a few popes ago the Church was extolling Capitalism.
I may just do that.You may use any of my quotes to embellish your essay.![]()
We may not agree but I cannot accuse you of ducking issues. I also appreciate the fact you actually bothered to read links I gave you and evaluated them objectively and honestly. There are others who have rejected the information contained in links I gave them as ‘wrong’ without even reading them.I’m not a libertarian. I consider myself a “hard core” laissez-faire Capitalist. (Radical sounds…well …radical)
But I don’t duck the issue…Zoltan speaks Truth.
Mr. Abu again searches for the needle in the haystack of Papal interpretations of faith, for even a few spare words in favor of free trade and property rights, while being reminded constantly in this thread that free trade is not capitalism:… modern economics owes much of its basic understanding to Catholic thought can encourage society to pay greater attention to the papal teachings on social justice, ranging over the course of a century from Leo XIII’s *Rerum Novarum *to John Paul II’s Centesimus Annus."
This is another issue I have - ignoring the miseries and injustices that are generated by capitalism. Or worse - justifying it by arguing it’s in everyone’s interests.Mr. Abu again searches for the needle in the haystack of Papal interpretations of faith, for even a few spare words in favor of free trade and property rights, while being reminded constantly in this thread that free trade is not capitalism:
en.wikipedia.org/wiki/Rerum_Novarum
- Pope Leo XIII’s’ seminal Rerum Novarum of 1891 was addressed to redressing the injustices and miseries brought by capitalism e.g, 'Of primary concern was the need for some amelioration of "The misery and wretchedness pressing so unjustly on the majority of the working class. (This was the reality of Zoltan’s “pure capitalism”.) It supported the rights of labor to form unions, rejected (both) communism and unrestricted capitalism, whilst affirming the right to private property, in the wake of two depressions starting with the Panic of 1879. Read the following summary and tell me again that His Eminence was endorsing the economy of unrestricted free trade, as in 1891 was the norm:
en.wikipedia.org/wiki/Centesimus_Annus
- John Paul II’s Centesimus Annus was literally amplifying an identical call for social justice in the newly capitalist global system, on the 100th year anniversary of Pope Leo’s declaration. Again, one would have to misrepresent His Eminence’s address quite inconsiderately to find that he was endorsing capitalism:
Nothing against the Catholic Late Scholastics free enterprise – all about the faults of people in using it.ThomasJMullally #565
- Pope Leo XIII’s’ seminal Rerum Novarum of 1891 was addressed to redressing the injustices and miseries brought by capitalism.
The misrepresentation lies in the refusal to face the facts, obviously either due to incompetence or another agenda, that St John Paul II has thoroughly endorsed free enterprise. One more time – this time pay attention to the facts:
- John Paul II’s Centesimus Annus was literally amplifying an identical call for social justice in the newly capitalist global system, on the 100th year anniversary of Pope Leo’s declaration.
Again, one would have to misrepresent His Eminence’s address quite inconsiderately to find that he was endorsing capitalism.
There is none, correct. I think if the Church could take over world affairs it would not expunge all traces of capitalism, but would definitely perform a top-to-bottom overhaul!This is another issue I have - ignoring the miseries and injustices that are generated by capitalism. Or worse - justifying it by arguing it’s in everyone’s interests.
I have never heard capitalism is rooted in Catholicism - if that is what is being said.
The only economic system I can think of that was God-ordained was that practiced by the the nation of Israel prior to the institution of the monarchy. I stand to be corrected but I don’t see any endorsement of Smith’s ‘invisible hand’ theory in the OT. I am wrong?
John Paul II, 1991, reprising Leo’s encyclical of 1891:In *Centesimus Annus *#42, 1991, St John Paul II:
‘If by “capitalism” is meant an economic system which recognizes the fundamental and positive role of business, the market, private property and the resulting responsibility for the means of production, as well as free human creativity in the economic sector, then the answer is certainly in the affirmative, even though it would perhaps be more appropriate to speak of a “business economy”, “market economy” or simply “free economy”.’
Pope John Paul II, 1991, reprising and affirming Rerum Novarum, 100 years before:In *Centesimus Annus *#42, 1991, St John Paul II:
‘If by “capitalism” is meant an economic system which recognizes the fundamental and positive role of business, the market, private property and the resulting responsibility for the means of production, as well as free human creativity in the economic sector, then the answer is certainly in the affirmative, even though it would perhaps be more appropriate to speak of a “business economy”, “market economy” or simply “free economy”.’
Pope John Paul II, 1991:In *Centesimus Annus *#42, 1991, St John Paul II:
‘If by “capitalism” is meant an economic system which recognizes the fundamental and positive role of business, the market, private property and the resulting responsibility for the means of production, as well as free human creativity in the economic sector, then the answer is certainly in the affirmative, even though it would perhaps be more appropriate to speak of a “business economy”, “market economy” or simply “free economy”.’
John Paul II in 1991, expounding on basic human rights in conjunction with basic human rights (and as opposed to the demands of capitalism):In *Centesimus Annus *#42, 1991, St John Paul II:
‘If by “capitalism” is meant an economic system which recognizes the fundamental and positive role of business, the market, private property and the resulting responsibility for the means of production, as well as free human creativity in the economic sector, then the answer is certainly in the affirmative, even though it would perhaps be more appropriate to speak of a “business economy”, “market economy” or simply “free economy”.’
Really? I thought it was:To encourage innovation, the system encourages: waste, plundering, exploitation of the weak, etc.
That’s true. Most Catholics I know don’t believe that the acquisition of wealth and resources should be at the expense of others. In the US, we are seeing a small group of people acquiring a significant portion of this country’s wealth and resources while the poorest class grows in numbers. In 2010, according a 2013 UCSC report, in terms of total wealth, the top 1% of households held 35% of America’s wealth. In terms of financial wealth, the top 1% held 42%. This disparity, this injustice is of very great concern for American Catholics.With all due respect, your experience is extremely limited. Many Christians, including Catholics (indeed including the present Pope and to some extent also his predecessor) have been very critical of capitalism.
Of course, it depends on what you mean by capitalism.
If we mean what G. K. Chesterton meant by it–the concentration of property in fewer and fewer hands (what many today call “crony capitalism”) the Church is clearly against it.
But if we mean economic freedom, in which people can try to start businesses and make money without too much government interference, then the Church is in favor of that within moral limits. Just where and how those limits are to be drawn, and how far direct government regulation is the best way to do so, is a point on which Catholics can and do differ. The default position of the Vatican tends to be much closer to “socialism” than the views held by the sort of American Catholics who dominate on this forum. . . .
Edwin
Sure, dangle the lottery-odds prospect of vast success. This ambition is what is destroying the world. And Edison was an SOB…Really? I thought it was:
Step 1. Find something that you do.
Step 2. Find a better way to do it.
I just ran across this fresh new article for work on how work spaces define innovation. I don’t see anything of what you’re describing.
This article also mentions Thomas Edison, the man who failed 1000 times before creating the lightbulb. You know the famous saying right? Would you have considered his 1000 times a huge waste?