G
gnjsdad
Guest
I’m starting this thread as an outgrowth of the thread on World News dealing with the recent videos which show Planned Parenthood trafficking in baby body parts. As horriffic as this is, I felt something was missing from the discussion. What was missing was a recognition that a string of economic tranasctions was taking place here. I don’t think people fully realize the implications. There is clearly a market for what PP is doing, and not enough attention is being paid to the other parties to the transaction: the research firms, who operate out in the open, who are meeting PP in the pursuit of “research”. PP’s market in dead baby body parts arises in an economic system in which God and morality have been removed from the transaction.
How many times have we heard that the Church has no business interfering in the market?
Adam Smith, widely regarded as the father of modern economic science wrote Wealth of Nations. Without getting into too much detail here*, Wealth of *Nations is grounded in Newtonian physics, which is the operating system of capitalism. The “invisible hand” is Smith’s version of God’s providence, whereby the rich replace God in taking care of the needs of the non-rich. This ultimately worked out to the benefit of the Whig oligachs who were the descendants of the families who grew rich when Henry VIII looteed all the Church property in England and distributed the proceeds to the families allied with him. Thus began the modern era of capitalism.
My belief is that this type of economic thinking leads directly to the types of transactions that PP and its customers are engaged in, whether they prefer to call them “sales” or not.
I would like to quote from a book I’m currently reading: Barren Metal: A History of Capitalism as the Conflict Between Labor and Usury.
Instead of masquerading as pseudo-physics, economics needs to reembrace its original position within the realm of morality or practical reason. Economics needs to be re-situated within the philosophical tradition which claims that man, as a rational creature, can intervene in the economy and shape it to conform with the Good, in both its final and intermediary stages. Man’s pursuit of reason to achieve the Good is known as the moral law…Economics must be reasonable according to the principles of practical reason, which is to say, morality; it must function according to the norms of justice if the economy is to be effective.
Thoughts?
How many times have we heard that the Church has no business interfering in the market?
Adam Smith, widely regarded as the father of modern economic science wrote Wealth of Nations. Without getting into too much detail here*, Wealth of *Nations is grounded in Newtonian physics, which is the operating system of capitalism. The “invisible hand” is Smith’s version of God’s providence, whereby the rich replace God in taking care of the needs of the non-rich. This ultimately worked out to the benefit of the Whig oligachs who were the descendants of the families who grew rich when Henry VIII looteed all the Church property in England and distributed the proceeds to the families allied with him. Thus began the modern era of capitalism.
My belief is that this type of economic thinking leads directly to the types of transactions that PP and its customers are engaged in, whether they prefer to call them “sales” or not.
I would like to quote from a book I’m currently reading: Barren Metal: A History of Capitalism as the Conflict Between Labor and Usury.
Instead of masquerading as pseudo-physics, economics needs to reembrace its original position within the realm of morality or practical reason. Economics needs to be re-situated within the philosophical tradition which claims that man, as a rational creature, can intervene in the economy and shape it to conform with the Good, in both its final and intermediary stages. Man’s pursuit of reason to achieve the Good is known as the moral law…Economics must be reasonable according to the principles of practical reason, which is to say, morality; it must function according to the norms of justice if the economy is to be effective.
Thoughts?