CATHOLICISM AND CAPITALISM1

In: Economic affairs: journal of the Institute of Economic Affairs, Band 29, Heft 3, S. 63-67

Abstract

Catholic social teaching can be used to help Christians understand the appropriate role of the state in economic life. There is an intrinsic opposition to socialism but also to many of the manifestations of 'capitalism'. An application of Catholic social teaching to economic problems should lead to a redefinition of the role of the state in many areas of life. That redefinition certainly would favour more autonomy for individuals, families and communities acting independently of the state.