Social capitalism

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Well, first one has to accept the idea that there is such a thing as “social capitalism”; as I read it, it’s supposed to be a melding of Capitalism and Socialism. I, for one, don’t believe that such can be done.

Private property is one of the black-white issues. An economic system can either support the ideal of private property or not. There is no grey area here.

I would say that the Catholic view on Capitalism rejects a laissea faire sort of Capitalism, and that the Church fosters the notion of private property.
 
I’d like to know what the Vatican would say, seriously. To me it looks like an awful lot of speculation and untried behaviors. I don’t like the idea of dividing people firmly into two tiers. Anyone can become disabled if they are unlucky enough and if you are disabled or in other ways need help it’s good to try to improve your situation if you can. This may not be easy but it’s better than giving up for the rest of your life, and disability is just one example. I would want to see a statement from the Vatican before I made up my mind.

In principle I don’t like the excesses of socialism but I am more in favor of certain types of regulations and social programs than others on CAF. I also think there should be more support for people who want to work part-time and who come back into the workforce after being gone for a few years but with no good “reason” to explain the gap.
 
You need to mention Pope John Paul II’s encyclical “Centesimus Annus”.

ewtn.com/library/ENCYC/JP2HUNDR.HTM

No previous papal statement has given such approval to the free market system or the capitalist system in providing for the common good.

He fully understood that there can be and are misuses of the system and suggested government involvement but cautioned against smothering capitalism.

John Paul II made it quite clear that of the social systems available, democracy and a market economy have the best potential for promoting the common good.
 
Monte_RCMS said:
John Paul II made it quite clear that of the social systems available, democracy and a market economy have the best potential for promoting the common good.
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The ultimate democracy is really economic, not political. If you control your wealth you can actually always chose completely how to allocate it. With political democracy you exercise no choice unless in agreement with the majority. I would rank economic freedom as being far more important than political freedom.

As I understand it the Catholic Church supports Jesus’ parable of the Good Shepherd:
I am the good shepherd. The good shepherd giveth his life for his sheep.
But the hireling, and he that is not the shepherd, whose own the sheep are not, seeth the wolf coming, and leaveth the sheep, and flieth: and the wolf catcheth, and scattereth the sheep
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