J
Johann_du_Toit
Guest
Remember the his Holiness is a Pastor, not an economist (no offence intended). Their primary concern is the salvation of souls, not your bank account. The Pope’s pronouncements in that regard are not infallible.I cannot agree that money is “dung of the devil”. People can be devlish about money, no question about it. But I have come to think about it, in the ordinary course of things, as something approaching an expression of gratitude. People don’t part with money readily. And yet, if there is something they really want or need, they’ll trade money for it. For most people, money is the product of their labor. I work in a service business, and when people hand me money for my work, I take it as a sign of appreciation for my work. They can’t trade work for work directly, so they do the next best thing, and so do I.
I like something St. Thomas Aquinas said about justice in trade. A trade is just, he said, when one person gives something he values less for something he values more. Most economic relationships are actually like that. If I value, say, the utility of a car to me more than I value, say, $10,000 gained by my labor, I obviously value the car more than I value the labor it took to get the $10,000 or I wouldn’t buy the car at all. I’m not seeing “dung of the devil” in any of that.
(I know $10,000 isn’t a lot for a car. I only buy used cars myself.)
There are cooperatives in our history. My electricity comes from a cooperative that once was really a cooperative, but is now just another corporation. Cooperatives on a small scale can, I think, be viable. But I think their utility is pretty limited. Possibly the Pope is talking about something that applies more to the third world than it does to the first.
But the Church would be advocating it’s moral duty if it didn’t say the current system has too many cracks and is not benefiting a substantial part of the population.
To quote FDR: “Try something, and it it doesn’t work, try something else. But try something”