L
LCMS_No_More
Guest
Ever hear of the Gilded Age?I’m always shocked when populist myth’s continue to propogate without a thread of concrete historical fact.
Since “unbridled capitalism” has never been practiced on a large scale, your thesis is just a theory. However, frontier America it was tried practiced on a smaller scale without a single monopoly developing. The invasion of the fronteir west of monopolies and large corporate cattle companies was done by the imposition of governmental powers onto the people. Certainly not consistent w/ unbridled capitalism.
And regardless of what your political ideology is, the Church condemns unbridled capitalism alongside socialism.
No it doesn’t. Subsidiarity is a Truth. It states that there are certain rights and obligations that lie exclusively with the individual/family that can not be infringed upon by any authority except natural law.
As said by Pius XI stated in Quadragesimo Anno:
Just as it is gravely wrong to take from individuals what they can accomplish by their own initiative and industry and give it to the community, so also it is an injustice and at the same time a grave evil and disturbance of right order to assign to a greater and higher association what lesser and subordinate organizations can do. For every social activity ought of its very nature to furnish help to the members of the body social, and never destroy and absorb them”[399].
This speaks directly against the basic tenet of Socialism that one is to give to the state to their ability and recieve according to their need.
When I say it works both ways, I am saying that one’s opposition to big government on the basis of subsidiarity must be balanced by an opposition to massive corporations on the same basis. I have no problem with small businesses or even alliances of small businesses. I have a major problem with huge corporations that have enough power to rival that of the people…which today, they absolutely do.The principle of subsidiarity is silent to the morality of capitalism as a means of economic order and distribution of goods. However, basic tenets of Catholic Social Teaching is not silent on the merits of accummulating wealth and goods and consuming without regard to others. CST speaks directly to the obligation of individuals to act charitably toward others. It also allows the prudential judgment of the people to organize for the assistance of the less fortunate, including the limited use of taxation and legislation to effect justice. See what I underlined above. The debate comes in when the prudential judgment of some believe a social activity infringes on the principle of subsidiarity.