essentially a matter of Morality"
"We must resist
deluding ourselves....The economic system in
place is a result of human actions, and any injustices
to be found there
point to individuals and the
decisions they make. God promised us a world that could sustain us.
The rest is our
Anthony Basile, Ph.D
"CST vs. the Right and
Catholic Framework for Economic Life
1. "The economy exists for the
person, not the person for the economy."
economic life should be shaped by moral principles. Economic choices
and institutions must be judged by how they
protect or undermine the life and dignity of the human person,
support the family, and serve the common good."
3. "All people have a right to
life and to secure the basic necessities of life (e.g., food,
clothing, shelter, education, health care,
safe environment, economic security)."
people, to the extent they are able, have a corresponding duty to
work, responsibility to provide for the needs of their families,
and an obligation to contribute to the broader society."
global economy has moral dimensions and human consequences.
Decisions on investment, trade, aid and development should
protect human life and promote human rights, especially for those
most in need wherever they might live on this globe."
"In economic life, free
markets have both clear advantages and limits; government has
essential responsibilities and limitations;
voluntary groups have irreplaceable roles, but cannot substitute for
the proper working of the market and
the just policies of the state."
has a moral obligation, including governmental action where
necessary, to assure opportunity, meet basic human needs
and pursue justice in economic life."
"Workers, owners, managers, stockholders and consumers are moral
agents in economic life. By our choices, initiative, creativity
and investment, we enhance or
diminish economic opportunity, community life, and social justice."
people have the right to economic initiative, to productive work, to
just wages and benefits, to decent working conditions as well
as to organize and join unions or other associations."
fundamental moral measure of any economy is how the poor and
vulnerable are faring."
Office of Social Development & World Peace
National Conference of Catholic Bishops/
United States Catholic Conference