Why is socialism bad by Church teaching?

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China acknowledges that it is in fact, a Communist country. In the last 10 years or so, the government has allowed some capitalistic elements to enter, but always under strict governmental controls. The government through the Communist Party, has control over life, not the citizens.

here is what the CPC says about its power:

“We will never simply copy the system of Western countries or introduce a system of multiple parties holding office in rotation, although China’s state organs have different responsibilities, they all adhere to the line, principles and policies of the party.[3]”

from Wikipedia.

The Communist Party of China (CPC), also known as the Chinese Communist Party (CCP), is the founding and ruling political party of the People’s Republic of China (PRC). It is the world’s largest political party.[1]

The legal power of the Communist Party is guaranteed by the PRC constitution and its position as the supreme political authority in the PRC is realised through its comprehensive control of the state, military, and media.[2] According to a prominent government spokesman the Communist Party of China controls the Government of the People’s Republic of China:

I don’t see anything remotely like fascism there, it is a centrally controlled government ruled by a COMMUNIST party.
Just because it says it’s Communist does not mean it is so. Are the Jehovah’s Witnesses Christians? No, but they say they are, as does Wikipedia.

It is Fascist, because it has the fastest growing market. Put it this way, were the National Socialists socialist? Or Fascist? History (as well as scholars and historians) claim that they were Fascist.

I understand that you don’t understand basic political ideology, but do not make a statement if you are uneducated about the topic at hand. If it has let some Capitalistic elements into it’s government, then it is not Communist, which has TOTAL CONTROL OVER EVERYTHING POLTICAL AND ECONOMIC, but it becomes Fascist, which has complete control over everything political, but has economic freedom. And this is what anyone who has taken a basic High School course or hopefully a University Level course can understand.
 
Another saga of free enterprisemsnbc.msn.com/id/39656218/ns/business-us_business/
PITTSBURGH 10/13/2010
Proud employees of a small drilling company too remote to have cable television found themselves Wednesday at the center of the world’s biggest news story — but they still had to get the day’s work done.

Free enterprise is the mother of invention, which is why 33 miners in Chile are alive today:
If those miners had been trapped a half-mile down like this 25 years ago anywhere on earth, they would be dead. What happened over the past 25 years that meant the difference between life and death for those men?
Short answer: the Center Rock drill bit.

Predictably, Socialist critics in comments below claim that capitalism created mines in the first place, thus putting the miners’ lives in danger. In fact, humans have mined the earth for more than 40,000 years, under capitalists and communists, tyrants and anarchists. It is not free enterprise but a human desire to better our condition that has men mining today, but it is free enterprise - or freedom generally, including the freedom to complain - that has stimulated the invention of ever-better tools to do that job.
Are Socialists really claiming that the mines of Mao’s China - let alone those of ancient Egypt and Rome - really safer than those of democratic nations today? Even today China’s death rates in mining are way above democratic India’s.

Mortality rates in coal mining in China 2003-2004 are 10 times higher than in India and 100 times higher than in the U.S.A. Free enterprise and democracy have to be continually sought and employed against those useless politicians and useless economists who try to stifle both.
Christ cured the Blind. those blinded by greed/hatred, many on this thread need his intervention ,
The figures above mislead -deaths in mines in China are high a 100 times higher than the US… maybe that is because there are a 100 times more miners, Capitalism only works for the rich, allows them to control governments, I have been to Nigeria on a fact finding mission ,
The US were very generous handing out Charity to the Nigerian government, the Nation is on its knees because of that charity, and the US is reaping its reward , Capitalist shoe company pays $1 a day to workers, the items made are exported to the US then sold for 50 times the original cost, this is theft on a grand scale from people were poor to start with , before the US stepped in to help out. then there is the OIL wells owned by US based companies . I saw rivers putrid with pollution from the waste product of mining and oil drilling, I find it difficult to understand the support from so called Catholics, a visit to Ireland also shows how greed effects the whole off society , the extreme greed thing I saw, was a tea bag in a cup of hot water with added milk, that cost 7 Euro that is outrageous , I did here someone say they should bring back hanging, Ireland is a Catholic Nation
 
Evidently, you haven’t read previous posts very thoroughly.
Socialism doesn’t work–sounds great but is, and always has been corrupted. Its “equality” is and always has been a myth; just ask those who’ve fled socialist or communist nations for the U.S. People in socialist nations are equally miserable, that’s all.

…and why did so many choose to come to the U.S.from such countries? Because its (the U.S.) gov’t is perfect? Because capitalism is ideal? None of the above. It’s because a capitalist system, while not ideal, obviously trumps the enslavement of socialism and communism since it offers (or should offer) individual freedom.

Those of you who keep arguing for socialism or communism should do this: Go live in one of these countries for a year or two, then get back to us and tell us how ‘free’ you felt reporting every little detail of your life to the nanny state, controlling government.

If you still don’t understand, I’m afraid I’ve done all I can to warn you. Don’t blame any of us here who are trying to educate you a bit on this, if this country goes socialist and you suddenly wake to find you have no more rights or freedom. Remember–we tried to warn you. And please…remember all this when you vote! The so-called “liberal” legislators are the ones who are working the hardest to take away rights and control all they can.

Signing off…
How many Capitalists practice Capitalism in their homes? Why not?
Does the baby in your home receive food in proportion to what work he has done, or according to the number of hours of work he has done?
On whom is the maximum money spent in a home? On the healthy persons who work, or on the sick, invalid, and under aged who are incapable of working?
Why can’t the whole world live like a family? We can, if we kill all the capitalists, or send them to outer space.
Capitalists are like the healthy family member who wants to selfishly blow up all the money he/ she earns without caring for others who are in his family and who may be more in need of the money. But a time will come when he will be sick or old himself, and will need help from others.
For your information, ON THE DAY after the fiscal year closed - Oct 1, 2010 - the National debt of the Great United States of America increased to 13.61 trillion - and is increasing at the rate of 500 million, or HALF A BILLION dollars - in a day! Don’t take my word for it. Run the numbers at the Treasury link for yourself at treasurydirect.gov/NP/BPDLogin?application=np


It should be obvious to even the most mentally challenged, that any government give-away programs that do not come from treasury abundance, are nothing more than selfish, morally bankrupt and reprobate, debt transfer programs, onto the backs of our children and their children.

But then why should politicians care when they have no skin in the game? How do they loose when they squander the capital that they confiscate from the citizen as taxes, as well as the future wealth that our children are expected to create, to pay the debt?

All the money given away has only served to further strengthen the banks, the real estate, and other capitalistic institutions who were fleecing the public during the boom time and blowing up their booty in expensive yachts, parties and holidays.

The automobile tycoons during their heydays bought up all the American Railroads and dismantled them, so that they could sell more cars. Today, even when he is job-less, the average American has to depend on cars and petroleum, for transport.

The release of the official U.S. trade balance numbers in October 2010 by the Commmerce Department shows that the U.S. Trade Deficit has expanded to $46.3 billion in August, up 8.7% from July and 49% from a year ago. Dissecting the numbers shows the deficit in goods increased $3.9 billion to $59 billion, while the surplus on the services side edged up $100 million, to $12.6 billion. The trade deficit with China totaled $28 billion, up from July’s $25.9 billion.

The capitalists conveniently ignore the above facts and figures, and shamelessly talk about the Great Capitalistically Prosperous United States whose citizen are now actually surviving on borrowed money.

Americans today are no longer the honest rugged diligent and industrious workers they were in the yester-years. Today they are bloated, lazy and stupid, and believe all the lies the bankers and auto-mobile Industry and the Medical Industry tell to fool them. Instead of going to church and reading the Bible they lie in their couch with a beer and listen to meaningless economic jargon like Friedman’s Money Supply Rule and Keynesian theory on their TVs.

Jesus’ teachings are simple, and targeted to the simple man. He spoke in parables in reference to birds and seeds so that the simple truths could be understood by them. These teachings however went above the head of the learned ones of Jesus’ time (The Pharisees). They learned the scripture to such a level that they twisted it to serve their selfish purposes. But tricks and lies have short life. Just like the Pharisees, the Capitalists will shortly start seeing the Truth.
 
Evidently, you haven’t read previous posts very thoroughly.
Socialism doesn’t work–sounds great but is, and always has been corrupted. Its “equality” is and always has been a myth; just ask those who’ve fled socialist or communist nations for the U.S. People in socialist nations are equally miserable, that’s all.

…and why did so many choose to come to the U.S.from such countries? Because its (the U.S.) gov’t is perfect? Because capitalism is ideal? None of the above. It’s because a capitalist system, while not ideal, obviously trumps the enslavement of socialism and communism since it offers (or should offer) individual freedom.

Those of you who keep arguing for socialism or communism should do this: Go live in one of these countries for a year or two, then get back to us and tell us how ‘free’ you felt reporting every little detail of your life to the nanny state, controlling government.

If you still don’t understand, I’m afraid I’ve done all I can to warn you. Don’t blame any of us here who are trying to educate you a bit on this, if this country goes socialist and you suddenly wake to find you have no more rights or freedom. Remember–we tried to warn you. And please…remember all this when you vote! The so-called “liberal” legislators are the ones who are working the hardest to take away rights and control all they can.

Signing off…
How many Capitalists practice Capitalism in their homes? Why not?

Does the baby in your home receive food in proportion to what work he has done, or according to the number of hours of work he has done?
On whom is the maximum money spent in a home? On the healthy persons who work, or on the sick, invalid, and under aged who are incapable of working?
Why can’t the whole world live like a family? We can, if we kill all the capitalists, or send them to outer space.
Capitalists are like the healthy family member who wants to selfishly blow up all the money he/ she earns without caring for others who are in his family and who may be more in need of the money. But a time will come when he will be sick or old himself, and will need help from others.

For your information, ON THE DAY after the fiscal year closed - Oct 1, 2010 - the National debt of the Great United States of America increased to 13.61 trillion - and is increasing at the rate of 500 million, or HALF A BILLION dollars - in a day! Don’t take my word for it. Run the numbers at the Treasury link for yourself at treasurydirect.gov/NP/BPDLogin?application=np

It should be obvious to even the most mentally challenged, that any government give-away programs that do not come from treasury abundance, are nothing more than selfish, morally bankrupt and reprobate, debt transfer programs, onto the backs of our children and their children.

But then why should politicians care when they have no skin in the game? How do they loose when they squander the capital that they confiscate from the citizen as taxes, as well as the future wealth that our children are expected to create, to pay the debt?

All the money given away has only served to further strengthen the banks, the real estate, and other capitalistic institutions who were fleecing the public during the boom time and blowing up their booty in expensive yachts, parties and holidays.

The automobile tycoons during their heydays bought up all the American Railroads and dismantled them, so that they could sell more cars. Today, even when he is job-less, the average American has to depend on cars and petroleum, for transport.

The release of the official U.S. trade balance numbers in October 2010 by the Commmerce Department shows that the U.S. Trade Deficit with China has expanded to $46.3 billion in August, up 8.7% from July and 49% from a year ago. Dissecting the numbers shows the deficit in goods increased $3.9 billion to $59 billion, while the surplus on the services side edged up $100 million, to $12.6 billion. The trade deficit with China totaled $28 billion, up from July’s $25.9 billion.

The capitalists conveniently ignore the above facts and figures, and shamelessly talk about the Great Capitalistically Prosperous United States whose citizen are now actually surviving on borrowed money.

Americans today are no longer the caring, honest, rugged, diligent and industrious workers they were in the yester-years. Today they are bloated, lazy and stupid, and believe all the lies the bankers and auto-mobile Industry and the Medical Industry tell to fool them. They believe that they can continue to live their lazy lives if they supported Capitalists and Capitalistic Governments who are good salesmen. They will realise that they too deep in **** only when it is too late. Instead of going to church and reading the Bible and live honest caring lives, they lie in their couch with a beer and listen to meaningless economic jargon like Friedman’s Money Supply Rule and Keynesian theory on their TVs.

Jesus’ teachings are simple, and targeted to the simple man. He spoke in parables in reference to birds and seeds so that the simple truths could be understood by them. They were not meant for the learned Pharisees or Nobel Prize winning Economists or learned Theologians in Rome. These teachings however went above the head of the learned ones of Jesus’ time (The Pharisees) because they learned the scripture to such a level that they twisted it to serve their selfish purposes. But all tricks and lies have short life and come with an expiry date. Just like the Pharisees, the Capitalists, the Doctors, the Economists and their admirers will soon start seeing the Real Plain Truth in the Gospels.
 
Just because it says it’s Communist does not mean it is so. Are the Jehovah’s Witnesses Christians? No, but they say they are, as does Wikipedia.

It is Fascist, because it has the fastest growing market. Put it this way, were the National Socialists socialist? Or Fascist? History (as well as scholars and historians) claim that they were Fascist.

I understand that you don’t understand basic political ideology, but do not make a statement if you are uneducated about the topic at hand. If it has let some Capitalistic elements into it’s government, then it is not Communist, which has TOTAL CONTROL OVER EVERYTHING POLTICAL AND ECONOMIC, but it becomes Fascist, which has complete control over everything political, but has economic freedom. And this is what anyone who has taken a basic High School course or hopefully a University Level course can understand.
Thanks for the insult, you are so kind as to be here educating the uneducated although it must be rather difficult for you to step down from your ivory tower and have contact with people who are uneducated. I am learning so much at your feet, Great Master of Political Ideology! Would that everyone could have exposure to so much intelligence in one place.
 
Capitalism is about making a profit from products and services. There is nothing wrong with that. It is not greed to make a profit,that is,make a living,off of your business. It does not sy anything about whether a businessman is greedy. Greed is primarily a matter of the heart,like lust. There is no use in trying to outlaw greed any more than to outlaw lust. It is through profits that businesses stay in business and pay their employees,who are thus able to buy things for themselves.

Why are you quoting Mao approvingly? He was a mass-murderer with no moral conscience.

Most people do not want a socialist revolution. Socialism is counter-intuitive,and goes against the natural order of things. It is natural for people to want to be able to improve their condition by making a profit from their work.
If everybody is profited, it will be a win - win situation, and then Capitalism is not a sin.
Bust just like Socialism can go wrong when it is implemented, Capitalism goes wrong when it is implemented. It becomes a win- lose situation. The rich man becomes richer at the expense of the poor man. The rich get richer and poor get poorer. The rich can even buy politicians and judges to have everything go their way. Recently, the banks and the automobile industry in the U.S got paid off from the poor taxpayer’s money to pull them out of bankruptcy.
Nobody wants a revolution. But when the rich get richer to such an extent that a few rich people flaunt and waste resources while a lot of poor people starve and die,a violent revolution will be the only remedy for such a situation, and the reason for such a situation will be improperly implemented capitalism.
At the other end, improperly implemented Socialism also can lead to over-powered officials, which can kill incentive to work, causing poverty to everybody.
Jesus’ teaching of "Love your neighbour as you love yourselves is the only law that will lead to everlasting peace and prosperity.
 
Cruxis117
Mao’s China is a Fascist Country, not Communist.
In addition to the nonsense this poster has spewed about Catholic social teaching and Socialism (post #725), he now adds the above falsehood.

The fact is that China is controlled by a regime totally dedicated to maintaining the power and privilege of the Chinese Communist Party (CCP) ruling caste. To maintain that position the CCP is ruthless internally and externally to maintain its one-party state, with 20,000 internet police, a regime that jails Catholic bishops and HIV activists, even though considerable economic and social advances have been made since Mao.

Recently, the two-star Chinese General Liu Yazhou has warned the CCP to accept a liberal democracy or fall into a Soviet-style collapse. He is the political commissar of the national Defence University and commented: “If a system fails to let its citizens breathe freely and release their creativity to the maximum extent, and fails to place those who best represent the system and its people into leadership positions, it is certain to perish.” (Newsweekly, Oct 16, 2010).

No amount of falsehoods should mislead those who really want to understand the social teaching of Christ’s Church and to encourage the right use of entrepreneurship, capital and labour. John Paul II’s 1993 encyclical on moral principles *The Splendor of Truth *(Veritatis Splendor), argues that it is only by recovering the Christian view of human freedom as the power to do what is morally right, that free institutions such as democracy and market economics can be kept on the right path.

acton.org/publications/mandm/mandm_article_110.php
This is an interesting appraisal on the Entrepreneurial Vocation by Fr. Robert A. Sirico that brings out the prevalent prejudices.
“As a group, entrepreneurs are frequently depicted as greedy, immoral, and cutthroat. This prejudice can be found equally among business and religious leaders, not to mention among cultural elites and individual people. But such criticisms, though justified far too often, fail to acknowledge the implicit spiritual dimension of enterprise, seen particularly in terms of the entrepreneur’s creative ability to imagine new possibilities, to maintain a proper concept of stewardship, and to cultivate the earth to harness its potential. While it is true that entrepreneurs—like any other group of people—have been stained by sin, they must not be judged more severely for their moral failings merely because their profession involves the creation of wealth. Those who consider the entrepreneurial vocation a necessary evil must affirm that the Parable of the Talents lends ample scriptural support to entrepreneurial activity.”
 
In addition to the nonsense this poster has spewed about Catholic social teaching and Socialism (post #725), he now adds the above falsehood.

The fact is that China is controlled by a regime totally dedicated to maintaining the power and privilege of the Chinese Communist Party (CCP) ruling caste. To maintain that position the CCP is ruthless internally and externally to maintain its one-party state, with 20,000 internet police, a regime that jails Catholic bishops and HIV activists, even though considerable economic and social advances have been made since Mao.

Recently, the two-star Chinese General Liu Yazhou has warned the CCP to accept a liberal democracy or fall into a Soviet-style collapse. He is the political commissar of the national Defence University and commented: “If a system fails to let its citizens breathe freely and release their creativity to the maximum extent, and fails to place those who best represent the system and its people into leadership positions, it is certain to perish.” (Newsweekly, Oct 16, 2010).

No amount of falsehoods should mislead those who really want to understand the social teaching of Christ’s Church** and to encourage the right use of entrepreneurship, capital and labour.** John Paul II’s 1993 encyclical on moral principles *The Splendor of Truth *(Veritatis Splendor), argues that it is only by recovering the Christian view of human freedom as the power to do what is morally right, that free institutions such as democracy and market economics can be kept on the right path.

acton.org/publications/mandm/mandm_article_110.php
This is an interesting appraisal on the Entrepreneurial Vocation by Fr. Robert A. Sirico that brings out the prevalent prejudices.
“As a group, entrepreneurs are frequently depicted as greedy, immoral, and cutthroat. This prejudice can be found equally among business and religious leaders, not to mention among cultural elites and individual people. But such criticisms, though justified far too often, fail to acknowledge the implicit spiritual dimension of enterprise, seen particularly in terms of the entrepreneur’s creative ability to imagine new possibilities, to maintain a proper concept of stewardship, and to cultivate the earth to harness its potential. While it is true that entrepreneurs—like any other group of people—have been stained by sin, they must not be judged more severely for their moral failings merely because their profession involves the creation of wealth. Those who consider the entrepreneurial vocation a necessary evil must affirm that the Parable of the Talents lends ample scriptural support to entrepreneurial activity.”
Yes, the RIGHT use, which does not involve Capitalism, but a Mixed Economy. If you, sir, wish to spread your ignorance about what seems to be apparent facts, then please, do so, but China is not Communist, or else it would not have that market at all. You cannot be Communist and still have Capitalistic Elements. That’s like saying you can be Catholic and still deny the divinity of Christ, or the Real Presence.

Was the National Socialist Party actually Socialist? No.

If you wish, please, explain to me the difference between a Fascist and Communist System, if you sir are the educated one and I am the one inventing falsehoods.
 
Thanks for the insult, you are so kind as to be here educating the uneducated although it must be rather difficult for you to step down from your ivory tower and have contact with people who are uneducated. I am learning so much at your feet, Great Master of Political Ideology! Would that everyone could have exposure to so much intelligence in one place.
I love the sarcasm, it shows that you have nothing left to say.
 
How many Capitalists practice Capitalism in their homes? Why not?
Does the baby in your home receive food in proportion to what work he has done, or according to the number of hours of work he has done?
On whom is the maximum money spent in a home? On the healthy persons who work, or on the sick, invalid, and under aged who are incapable of working?
Why can’t the whole world live like a family? We can, if we kill all the capitalists, or send them to outer space.
Capitalists are like the healthy family member who wants to selfishly blow up all the money he/ she earns without caring for others who are in his family and who may be more in need of the money. But a time will come when he will be sick or old himself, and will need help from others.
For your information, ON THE DAY after the fiscal year closed - Oct 1, 2010 - the National debt of the Great United States of America increased to 13.61 trillion - and is increasing at the rate of 500 million, or HALF A BILLION dollars - in a day! Don’t take my word for it. Run the numbers at the Treasury link for yourself at treasurydirect.gov/NP/BPDLogin?application=np


It should be obvious to even the most mentally challenged, that any government give-away programs that do not come from treasury abundance, are nothing more than selfish, morally bankrupt and reprobate, debt transfer programs, onto the backs of our children and their children.

But then why should politicians care when they have no skin in the game? How do they loose when they squander the capital that they confiscate from the citizen as taxes, as well as the future wealth that our children are expected to create, to pay the debt?

All the money given away has only served to further strengthen the banks, the real estate, and other capitalistic institutions who were fleecing the public during the boom time and blowing up their booty in expensive yachts, parties and holidays.

The automobile tycoons during their heydays bought up all the American Railroads and dismantled them, so that they could sell more cars. Today, even when he is job-less, the average American has to depend on cars and petroleum, for transport.

The release of the official U.S. trade balance numbers in October 2010 by the Commmerce Department shows that the U.S. Trade Deficit has expanded to $46.3 billion in August, up 8.7% from July and 49% from a year ago. Dissecting the numbers shows the deficit in goods increased $3.9 billion to $59 billion, while the surplus on the services side edged up $100 million, to $12.6 billion. The trade deficit with China totaled $28 billion, up from July’s $25.9 billion.

The capitalists conveniently ignore the above facts and figures, and shamelessly talk about the Great Capitalistically Prosperous United States whose citizen are now actually surviving on borrowed money.

Americans today are no longer the honest rugged diligent and industrious workers they were in the yester-years. Today they are bloated, lazy and stupid, and believe all the lies the bankers and auto-mobile Industry and the Medical Industry tell to fool them. Instead of going to church and reading the Bible they lie in their couch with a beer and listen to meaningless economic jargon like Friedman’s Money Supply Rule and Keynesian theory on their TVs.

Jesus’ teachings are simple, and targeted to the simple man. He spoke in parables in reference to birds and seeds so that the simple truths could be understood by them. These teachings however went above the head of the learned ones of Jesus’ time (The Pharisees). They learned the scripture to such a level that they twisted it to serve their selfish purposes. But tricks and lies have short life. Just like the Pharisees, the Capitalists will shortly start seeing the Truth.
I agree with 95% of everything you said, except for Keynesian theory, which isn’t meaningless and actually could and does work. History has shown us that while yes, economically Capitalism does not work, neither will Communism. And while politically Communism does not work, we should not jump to the other political extreme of Fascism. We need both elements, a Democratic Political body with a Mixed Economy.
 
In addition to the nonsense this poster has spewed about Catholic social teaching and Socialism (post #725), he now adds the above falsehood.

The fact is that China is controlled by a regime totally dedicated to maintaining the power and privilege of the Chinese Communist Party (CCP) ruling caste. To maintain that position the CCP is ruthless internally and externally to maintain its one-party state, with 20,000 internet police, a regime that jails Catholic bishops and HIV activists, even though considerable economic and social advances have been made since Mao.

Recently, the two-star Chinese General Liu Yazhou has warned the CCP to accept a liberal democracy or fall into a Soviet-style collapse. He is the political commissar of the national Defence University and commented: “If a system fails to let its citizens breathe freely and release their creativity to the maximum extent, and fails to place those who best represent the system and its people into leadership positions, it is certain to perish.” (Newsweekly, Oct 16, 2010).

No amount of falsehoods should mislead those who really want to understand the social teaching of Christ’s Church and to encourage the right use of entrepreneurship, capital and labour. John Paul II’s 1993 encyclical on moral principles *The Splendor of Truth *(Veritatis Splendor), argues that it is only by recovering the Christian view of human freedom as the power to do what is morally right, that free institutions such as democracy and market economics can be kept on the right path.

acton.org/publications/mandm/mandm_article_110.php
This is an interesting appraisal on the Entrepreneurial Vocation by Fr. Robert A. Sirico that brings out the prevalent prejudices.
“As a group, entrepreneurs are frequently depicted as greedy, immoral, and cutthroat. This prejudice can be found equally among business and religious leaders, not to mention among cultural elites and individual people. But such criticisms, though justified far too often, fail to acknowledge the implicit spiritual dimension of enterprise, seen particularly in terms of the entrepreneur’s creative ability to imagine new possibilities, to maintain a proper concept of stewardship, and to cultivate the earth to harness its potential. While it is true that entrepreneurs—like any other group of people—have been stained by sin, they must not be judged more severely for their moral failings merely because their profession involves the creation of wealth. Those who consider the entrepreneurial vocation a necessary evil must affirm that the Parable of the Talents lends ample scriptural support to entrepreneurial activity.”
I noticed something else. This is why you’re saying that China is Communist: “Because they say they are”. Furthermore, you ignore history as well as Church teaching (as previously demonstrated with the CCC), to further propagate the failure of an economic system such as Capitalism. Here, let me show you again what the CCC says:

’She has likewise refused to accept, in the practice of “capitalism,” individualism and the absolute primacy of the law of the marketplace over human labor.206 Regulating the economy solely by centralized planning perverts the basis of social bonds; regulating it solely by the law of the marketplace fails social justice, for "there are many human needs which cannot be satisfied by the market."207 Reasonable regulation of the marketplace and economic initiatives, in keeping with a just hierarchy of values and a view to the common good, is to be commended.'

Therefore, it is you who are spreading much falsehood around this thread, due to a severe case of ignorance. Mr. Adam Smith was wrong, and you can take that to the Government Regulated Bank.
 
I noticed something else. This is why you’re saying that China is Communist: “Because they say they are”. Furthermore, you ignore history as well as Church teaching (as previously demonstrated with the CCC), to further propagate the failure of an economic system such as Capitalism. Here, let me show you again what the CCC says:

’She has likewise refused to accept, in the practice of “capitalism,” individualism and the absolute primacy of the law of the marketplace over human labor.206 Regulating the economy solely by centralized planning perverts the basis of social bonds; regulating it solely by the law of the marketplace fails social justice, for "there are many human needs which cannot be satisfied by the market."207 Reasonable regulation of the marketplace and economic initiatives, in keeping with a just hierarchy of values and a view to the common good, is to be commended.’

Therefore, it is you who are spreading much falsehood around this thread, due to a severe case of ignorance. Mr. Adam Smith was wrong, and you can take that to the Government Regulated Bank.
IMO, the paragraph of the CCC you refer to is written very deftly, but it’s almost too deftly written for some. Some will emphasize one part and ignore the other…this comes from a protestant either/or mindset. Either 100% Capitalism or %100 Socialism. Of course, when you redefine socialism from “social ownership of the means of production” to “any regulation on business whatsoever,” then only extremes remain. To wit, the “capitalists” seems only read the following in said paragraph:
The Church has rejected the totalitarian and atheistic ideologies associated in modem times with “communism” or “socialism.” Regulating the economy solely by centralized planning perverts the basis of social bonds.
When read as a whole, to wit:
2425 The Church has rejected the totalitarian and atheistic ideologies associated in modem times with “communism” or “socialism.” She has likewise refused to accept, in the practice of “capitalism,” individualism and the absolute primacy of the law of the marketplace over human labor. Regulating the economy solely by centralized planning perverts the basis of social bonds; regulating it solely by the law of the marketplace fails social justice, for “there are many human needs which cannot be satisfied by the market.” Reasonable regulation of the marketplace and economic initiatives, in keeping with a just hierarchy of values and a view to the common good, is to be commended.
…one sees that both 100% socialism and 100% capitalism is condemned by the Church. Regulation is accepted and even commended and this is where a lot of people err. Some believe that there should be no regulation (libertarians) and others believe that there isn’t enough.
 
Somewhere in Tennessee (if I recall) the local fire department allowed a house to burn to the ground because the owner hadn’t paid the $75 annual fire levy. Here’s the clincher: Tea Party members thought this was just fine, so did some Conservative Christians asked to comment about this. Why should this freeloader get the firefighters to help him out? If I recall, this was was the situation a century or so ago: if you paid, the firemen came. Your house had a special plaque to indicate to firemen that it was OK for them to unload the hoses. Some older houses still have these plaques, I remember reading. Otherwise, too bad, burn, baby, burn. Eventually this practice was abandonned for the sake of greater social equality. Amazing to note its current resurgence, isn’t it?
 
IMO, the paragraph of the CCC you refer to is written very deftly, but it’s almost too deftly written for some. Some will emphasize one part and ignore the other…this comes from a protestant either/or mindset. Either 100% Capitalism or %100 Socialism. Of course, when you redefine socialism from “social ownership of the means of production” to “any regulation on business whatsoever,” then only extremes remain. To wit, the “capitalists” seems only read the following in said paragraph:

When read as a whole, to wit:

…one sees that both 100% socialism and 100% capitalism is condemned by the Church. Regulation is accepted and even commended and this is where a lot of people err. Some believe that there should be no regulation (libertarians) and others believe that there isn’t enough.
Oh I agree, that is the full post and I stated that full post earlier. I’m not a believer of either Communism, or Capitalism, but of a Mixed Economy with a Democratic Government that regulates the economy. This is often known as many things, including a Welfare State and Democratic Socialism. And I only stated that paragraph of the CCC partially because I know that it clearly stated something that was the exact opposite of what Abu was advocating, which is Laissez-Faire Capitalism. I didn’t mean to take the paragraph out of context, but to merely state a point.
 
Cruxis117
And I only stated that paragraph of the CCC partially because I know that it clearly stated something that was the exact opposite of what Abu was advocating, which is Laissez-Faire Capitalism
Yet another mirage that the free enterprise developed and encouraged by Christ’s Church should be falsified to “Laissez-Faire Capitalism”. His ranting on this has been exposed (posts #654, # 725) – what he tilts at has never existed in any society or country, only in the minds of a few economists, with whom I disagree as any observer can see. Christ’s Church has never allowed as moral, any manipulation of the nature of man.

As the guardian of morals and of the right to economic initiative in free enterprise, Christ’s Church has taught that the operation of free enterprise must be based on what has been well–expressed by Fr James A Schall: “Since the Catholic Church wants poverty confronted, since She wants this confrontation to be done justly and with the interest and cooperation of the workers and the poor, She has had to acknowledge, as did the socialist systems themselves, that there are certain ways that must be employed if mankind is to meet its economic problems. These ways can be known and imitated, but they must include a juridical system, profit, enterprise, knowledge, exchange, a market, voluntary organisations, a relatively independent economy, private property, and respect for work and excellence.”
Does Catholicism Still Exist?, Alba House 1994, p 184-185].

The ranting and raving of frantony has no place in reasoned discussion – what both he and Cruxis117 display is the utter failure to understand:
  1. That the laws of economics were discovered and developed by the great Late Scholastics who were faithful Catholics and that the right to economic initiative, and the operation of those laws in society has been acknowledged by Christ’s Church.
  2. That this development started in the great Catholic monastic estates of the ninth century
  3. The free enterprise system of economics by its nature and results has enabled the creation and spread of wealth for untold billions since the days of eking out an existence before the 18th century. Nothing can compare with the wealth created and widely spread from this great system developed by faithful members of Christ’s Church.
  4. That socialism has been totally condemned by Christ’s Church and has no place in human endeavour.
  5. That free enterprise has been shackled and largely crippled by those government agencies which interfere to distort the laws of economics based on the false economic theories such as the Keynesian fallacies of stimului, which are largely responsible for putting the world’s largest economy, the U.S.A., in its present plight, and have squandered the massive surplus of a previous government in Australia. (At least frantony has some inkling here).
So for many years, the benefits which free enterprise has enabled have been shackled by the false economic theories which various “schools” have concocted, despite the enormous growth of the U.S. previously.
 
Yet another mirage that the free enterprise developed and encouraged by Christ’s Church should be falsified to “Laissez-Faire Capitalism”. His ranting on this has been exposed (posts #654, # 725) – what he tilts at has never existed in any society or country, only in the minds of a few economists, with whom I disagree as any observer can see. Christ’s Church has never allowed as moral, any manipulation of the nature of man.

As the guardian of morals and of the right to economic initiative in free enterprise, Christ’s Church has taught that the operation of free enterprise must be based on what has been well–expressed by Fr James A Schall: “Since the Catholic Church wants poverty confronted, since She wants this confrontation to be done justly and with the interest and cooperation of the workers and the poor, She has had to acknowledge, as did the socialist systems themselves, that there are certain ways that must be employed if mankind is to meet its economic problems. These ways can be known and imitated, but they must include a juridical system, profit, enterprise, knowledge, exchange, a market, voluntary organisations, a relatively independent economy, private property, and respect for work and excellence.”
Does Catholicism Still Exist?, Alba House 1994, p 184-185].

The ranting and raving of frantony has no place in reasoned discussion – what both he and Cruxis117 display is the utter failure to understand:
**1) That the laws of economics were discovered and developed by the great Late Scholastics who were faithful Catholics and that the right to economic initiative, and the operation of those laws in society has been acknowledged by Christ’s Church.
2) That this development started in the great Catholic monastic estates of the ninth century
3) The free enterprise system of economics by its nature and results has enabled the creation and spread of wealth for untold billions since the days of eking out an existence before the 18th century. Nothing can compare with the wealth created and widely spread from this great system developed by faithful members of Christ’s Church.
4) That socialism has been totally condemned by Christ’s Church and has no place in human endeavour.
5) That free enterprise has been shackled and largely crippled by those government agencies which interfere to distort the laws of economics based on the false economic theories such as the Keynesian fallacies of stimului, which are largely responsible for putting the world’s largest economy, the U.S.A., in its present plight, and have squandered the massive surplus of a previous government in Australia. (At least frantony has some inkling here).**So for many years, the benefits which free enterprise has enabled have been shackled by the false economic theories which various “schools” have concocted, despite the enormous growth of the U.S. previously.
Citation please. Furthermore, I don’t see any of this in any, ANY economic book, nor in any high school course, Catholic or Public. Ironically, what Keynes advocates is what the Church advocates, but I guess your greed and lust for wealth blind you to that. You say that I’m unintelligent, yet you don’t see America as the top country in any ranking of Education, Standard of Living, etc. You see France, Norway, Sweden. Socialist Countries. You, sir, have no understanding of this and should leave alone what you obviously don’t understand.
 
Cruxis117 (#754)
I’m not a believer of either Communism, or Capitalism, but of a Mixed Economy with a Democratic Government that regulates the economy. This is often known as many things, including a Welfare State and Democratic Socialism.
Even on the Welfare State the Church’s teaching is unknown or rejected also.

From Centesimus Annus (John Paul II, 1991):
“Such supplementary interventions, which are justified by urgent reasons touching the common good, must be as brief as possible, so as to avoid removing permanently from society and business systems the functions which are properly theirs, and so as to avoid enlarging excessively the sphere of State intervention to the detriment of both economic and civil freedom.
“In recent years the range of such intervention has vastly expanded, to the point of creating a new type of State, the so-called ‘Welfare State’. This has happened in some countries in order to respond better to many needs and demands, by remedying forms of poverty and deprivation unworthy of the human person. However, excesses and abuses, especially in recent years, have provoked very harsh criticisms of the Welfare State, dubbed the ‘Social Assistance State’.
“Malfunctions and defects in the Social Assistance State [Welfare State] are the result of an inadequate understanding of the tasks proper to the State. Here again the principle of subsidiarity must be respected: a community of a higher order should not interfere in the internal life of a community of a lower order, depriving the latter of its functions, but rather should support it in case of need and help to coordinate its activity with the activities of the rest of society, always with a view to the common good.100
“By intervening directly and depriving society of its responsibility, the Social Assistance State leads to a loss of human energies and an inordinate increase of public agencies, which are dominated more by bureaucratic ways of thinking than by concern for serving their clients, and which are accompanied by an enormous increase in spending. In fact, it would appear that needs are best understood and satisfied by people who are closest to them and who act as neighbours to those in need. It should be added that certain kinds of demands often call for a response which is not simply material but which is capable of perceiving the deeper human need. One thinks of the condition of refugees, immigrants, the elderly, the sick, and all those in circumstances which call for assistance, such as drug abusers: all these people can be helped effectively only by those who offer them genuine fraternal support, in addition to the necessary care.”
Note100. Pius XI, Encyclical Letter Quadragesimo Anno, I : loc. cit., 184-186.”

Michael Novak in *Capitalism Rightly Understood: The View Of Christian Humanism *writes of John Paul II’s Centesimus Annus, 1991:
In a word, traditionalist Third World systems are nearly as repressive as formerly communist systems in suffocating economic creativity. Similarly, within advanced societies, neglect of important human factors in the design of “the welfare state” has dehumanizing effects upon welfare “clients.” In any society, some important fraction of the citizenry is bound to be without income, because of age (too old or too young), disability, illness, or ill fortune. Some will be permanently, some only temporarily, so. A good society will provide care for such persons.
Preferably, as the Pope notes, this should be done according to the principle of subsidiarity, with an emphasis on local and “neighborly” assistance, through family, neighbors, churches, unions, fraternal societies, or other associations.37
**Note:**37 See for instance Centesimus Annus, #49 and especially 13: “Apart from the family, other intermediate communities exercise primary functions and give life to specific networks of solidarity. These develop as real communities of persons and strengthen the social fabric, preventing society from becoming an anonymous and impersonal mass, as unfortunately often happens today. It is in interrelationships on many levels that a person lives, and that society becomes more ‘personalized’.” (#49)

On Centesimus Annus, George Weigel remarks “Moreover, *Centesimus Annus *jettisoned the idea of a ‘Catholic third way’ that was somehow ‘between’ or ‘beyond’ or ‘above’ capitalism and socialism — a favourite dream of Catholics ranging from G. K. Chesterton to John A. Ryan and Ivan Illich.”

Pope Benedict XVI in Caritas in Veritate stipulates that true world political authority not only “would need to be regulated by law, [but also] to observe consistently the principles of subsidiarity” (CiV 67). Subsidiarity “is the most effective antidote against any form of all-encompassing welfare state” (57).
 
Unlike the sharp depression of 1920-21 which was sensibly handled, the Great Depression was caused by pumping money into the economy.
Alan Greenspan has highlighted the “excess credit which the Fed pumped into the economy," resulting, finally, in an American economic collapse. The collapse of which Greenspan wrote was, of course, the Great Depression beginning in 1929 and extending, mostly, until 1941. This judgment which Greenspan makes about the “excess credit” that directly brought about the Great Depression was made in a 1966 article in Ayn Rand’s Objectivist magazine and subsequently republished in Rand’s Capitalism: The Unknown Ideal.[2]
[2] Alan Greenspan, “Gold and Economic Freedom” in Ayn Rand’s *Capitalism: The Unknown Ideal *(New York: Penguin, 1987), pp. 20ff.
It is interesting to ask the question of what caused the Great Depression?

Austrian economists cannot blame the scourge of Keynesian economics since John Maynard Keynes’ The General Theory of Employment, Interest and Money was published in 1936 and fiscals conservatives largely had ideological control of fiscal policy. Warren Harding, campaigning during the 1920 election, said, “America’s present need is not heroics but healing; not nostrums but normalcy; not revolution but restoration” which foreshadowed a less activist political regime. It is well-known that Harding and Coolidge substantially cut the top marginal tax rate, from 73% (for $1,000,000 or greater) in 1920 to 24% (for $100,000). Despite occasional aberrations to the “free market” ideology, such as the Fordney–McCumber Tariff enacted during 1922, politics was extremely laissez-faire. The recession of the 1921 was fairly mild compared to Great Depression because the latter was a cyclic downturn, partly precipitated by the Federal Reserve by increasing the discount rate after World War I to combat inflation, and because the macroeconomy was fairly robust with a much lower debt to GDP ratio compared to the Great Depression. Thus the early 1920 does not reflect a structural and systemic malady unlike the Great Depression where a heavily indebted economic fuels the dynamics of debt deflation for a prolonged period of time.



thoughtofferings.com/2009/04/nature-of-this-crisis.html

The low interest rates that fueled the speculative boom of the late 1920s were not, contrary to popular perception, due to the Federal Reserve appeasing populist pressures to stimulate the economy by flooding it with money, but was strong influenced by international, not domestic factors. Europe suffered a War about a decade ago, and many countries sought to rebuilding under the constraints of the gold standard along with demands from the electorate for increased social spending. Benjamin Strong, the President of the Federal Reserve Bank of New York, influenced the Fed to lower interest rates in summer of 1927, from 400 basis points to 300, to relieve pressure from the overvalued British pound, since it was restored at its pre-war exchange rate in 1925. In a weird way, globalization contributed to the Great Depression, even though the term had not been coined by then. The depression was exacerbated, according to Keynesians, by the fiscal conservatism of Hoover who wanted balanced budgets, and the tight monetary policy of Fed Chair Roy Archibald Young.

richmondfed.org/publications/research/economic_quarterly/2000/spring/pdf/roberts.pdf
[3] Peter Schiff, *Crash Proof: How to Profit from the Coming Economic Collapse *(Hoboken, NJ: John Wiley & Sons, Inc., 2007), pp. xiii-xiv.
[From Peter Chojnowski, Ph.D].
Yes, how to profit from the coming economic collapse.
Investors open accounts at Euro Pacific to take advantage of Mr. Schiff’s investment advice, which generally involves shunning investments in dollars. Individual returns can vary. Some investors may like gold-mining stocks, while others prefer energy-focused stocks.
**
Most had one thing in common last year: heavy losses. A number of investors said their Euro Pacific portfolios lost 50% or more in 2008, worse than the 38% drop in the Standard & Poor’s 500-stock index last year. People familiar with the firm say that hardly any securities recommended by Euro Pacific brokers gained ground in 2008.**
Investment adviser and author Peter Schiff, still riding high on his prescient call on the collapse of the U.S. housing market, is the subject of more than 3,000 YouTube videos, including one called “Peter Schiff Was Right.”
Such losses came as something of a surprise. Mr. Schiff’s prescient call for the collapse of the U.S. housing market and the weakening of the financial system helped him gain fame as an economic guru and savvy investor who promised shelter from the financial storm.
In his 2007 book, “Crash Proof: How to Profit from the Coming Economic Collapse,” he recommends that investors pile into gold, commodities and overseas stocks that spit out steady dividends.
marketoracle.co.uk/Article8627.html
 
Even on the Welfare State the Church’s teaching is unknown or rejected also.

From Centesimus Annus (John Paul II, 1991):
“Such supplementary interventions, which are justified by urgent reasons touching the common good, must be as brief as possible, so as to avoid removing permanently from society and business systems the functions which are properly theirs, and so as to avoid enlarging excessively the sphere of State intervention to the detriment of both economic and civil freedom.
“In recent years the range of such intervention has vastly expanded, to the point of creating a new type of State, the so-called ‘Welfare State’. This has happened in some countries in order to respond better to many needs and demands, by remedying forms of poverty and deprivation unworthy of the human person. However, excesses and abuses, especially in recent years, have provoked very harsh criticisms of the Welfare State, dubbed the ‘Social Assistance State’.
“Malfunctions and defects in the Social Assistance State [Welfare State] are the result of an inadequate understanding of the tasks proper to the State. Here again the principle of subsidiarity must be respected: a community of a higher order should not interfere in the internal life of a community of a lower order, depriving the latter of its functions, but rather should support it in case of need and help to coordinate its activity with the activities of the rest of society, always with a view to the common good.100
“By intervening directly and depriving society of its responsibility, the Social Assistance State leads to a loss of human energies and an inordinate increase of public agencies, which are dominated more by bureaucratic ways of thinking than by concern for serving their clients, and which are accompanied by an enormous increase in spending. In fact, it would appear that needs are best understood and satisfied by people who are closest to them and who act as neighbours to those in need. It should be added that certain kinds of demands often call for a response which is not simply material but which is capable of perceiving the deeper human need. One thinks of the condition of refugees, immigrants, the elderly, the sick, and all those in circumstances which call for assistance, such as drug abusers: all these people can be helped effectively only by those who offer them genuine fraternal support, in addition to the necessary care.”
Note100. Pius XI, Encyclical Letter Quadragesimo Anno, I : loc. cit., 184-186.”

Michael Novak in *Capitalism Rightly Understood: The View Of Christian Humanism *writes of John Paul II’s Centesimus Annus, 1991:
In a word, traditionalist Third World systems are nearly as repressive as formerly communist systems in suffocating economic creativity. Similarly, within advanced societies, neglect of important human factors in the design of “the welfare state” has dehumanizing effects upon welfare “clients.” In any society, some important fraction of the citizenry is bound to be without income, because of age (too old or too young), disability, illness, or ill fortune. Some will be permanently, some only temporarily, so. A good society will provide care for such persons.
Preferably, as the Pope notes, this should be done according to the principle of subsidiarity, with an emphasis on local and “neighborly” assistance, through family, neighbors, churches, unions, fraternal societies, or other associations.37
**Note:**37 See for instance Centesimus Annus, #49 and especially 13: “Apart from the family, other intermediate communities exercise primary functions and give life to specific networks of solidarity. These develop as real communities of persons and strengthen the social fabric, preventing society from becoming an anonymous and impersonal mass, as unfortunately often happens today. It is in interrelationships on many levels that a person lives, and that society becomes more ‘personalized’.” (#49)

On Centesimus Annus, George Weigel remarks “Moreover, Centesimus Annus jettisoned the idea of a ‘Catholic third way’ that was somehow ‘between’ or ‘beyond’ or ‘above’ capitalism and socialism **— a favourite dream of Catholics ranging from G. K. Chesterton to John A. Ryan and Ivan Illich.”

Pope Benedict XVI in Caritas in Veritate stipulates that true world political authority not only “would need to be regulated by law, [but also] to observe consistently the principles of subsidiarity” (CiV 67). Subsidiarity “is the most effective antidote against any form of all-encompassing welfare state” (57).
Still waiting for those definitions of Communism and Fascism, or that citation that I asked for…
And BTW, I assume you haven’t seen my previous Diagrams:

Communism_________Socialism__________Liberalism__________Conservatism__________Fascism

Communism_________Socialism__________Mixed Economy__________Welfare Capitalism__________Capitalism

What your advocating is this:

Communism_________Socialism_______Catholic Third Way_Mixed Economy__________Welfare Capitalism__________Capitalism

Guess what is also exactly where Democratic Socialism is? Same place as the Catholic Third Way. And by the way, a good society would help those people, you know how? By putting a bit of their money into an organization which was distribute it to those who would need it, or out of that organization’s own pocket. AKA, the Government and Social Programs.
 
Cruxis117 (To post #755)
I don’t see any of this in any, ANY economic book, nor in any high school course, Catholic or Public.
Why am I not surprised? Simple – the many identified errors in failing to know, and understand little, of Catholic social teaching and the development of the laws of economics by the Medieval Catholic schoolmen, has left a yawning chasm in understanding.
Dr Alejandro Chafuen is Peruvian born, and the newest edition of his most informative book is available as: *Faith and Liberty: The Economic Thought of the Late Scholastics *(Studies in Ethics and Economics), Lexington Books, 2003.
Useful references are:
Thomas E Woods, Jr., How The Catholic Church Built Western Civilization, Regnery 2005
The Church And The Market, Thomas E. Woods, Jr., Lexington Books, 2005
The Victory of Reason, Rodney Stark, Random House, 2005
Meltdown, Thomas E Woods, Jr., Regnery, 2009

Interested readers can access:
drwilliamluckey.com/
mises.org/daily/4310
thomasewoods.com/articles/
mises.org/articles.aspx

On Pope Benedict XVI’s *Caritas in Veritate *Fr. Robert Sirico, president and co-founder of the Acton Institute (U.S.A.), explains…“his encyclical contains no talk of seeking a third way between markets and socialism. [Italics added]. Words like greed and capitalism make no appearance here. But if they look to this document as a means for the moral reconstruction of the world’s cultures and societies, which in turn influence economic events, they will find much to reflect upon…. The pope is pointing to a path neglected in all the talk of economic stimulus, namely a global embrace of truth-filled charity. Benedict rightly attributes the crisis itself to ‘badly managed and largely speculative financial dealing.’ But he resists the current fashion of blaming all existing world problems on the market economy. Further: ‘Society does not have to protect itself from the market, as if the development of the latter were ipso facto to entail the death of authentically human relations…Therefore it is not the instrument that must be called to account, but individuals, their moral conscience and their personal and social responsibility. More, not less, trade is needed: ‘the principal form of assistance needed by developing countries is that of allowing and encouraging the gradual penetration of their products into international markets.’…
Benedict does see a role for the state here [in wealth redistribution], but much of the needed redistribution is the result of every voluntary and mutually beneficial exchange.”
Ironically, what Keynes advocates is what the Church advocates
.
Another falsehood… The Catholic Church realises that “If I were to pronounce on any single matter of a prevailing economic problem, I should be interfering with the freedom of men to work out their own affairs. Certain cases must be solved in the domain of facts, case by case as they occur…[M]en must realise in deeds those things, the principles of which have been placed beyond dispute…[T]hese things one must leave to the solution of time and experience.” [Pope Leo XIII. Quoted in *The Church And The Market, Dr Thomas E. Woods, Lexington Books, 2005, p 4].

Keynes fantasy is to reduce interest rates in a boom to keep the boom. Another is to apply stimulus spending by governments – it has absolutely nothing to do with the Catholic Church.

Facing reality necessitates acknowledging and following Christ’s Church in understanding the nature of man and encouraging the right use of the laws of economics for the benefit of mankind, not any bozo intent on a selfist fantasy in denying what His Church clarifies.
 
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