I wanted to post this via the Action Inst. See Caritas in Veritate: Highlights from the Vatican Press Conference
Good stuff including this tidbit
Professor Zamagni noted the distinction between a market economy and capitalism (which was also made in Pope John Paul II’s Centesimus Annus, n. 42), adding that the Franciscans had a form of market economy in Italy long before the term “capitalism”, with its Marxist ideological connotations, ever existed.
- There were several questions about this very important distinction, with one French journalist noting an “anti-liberal, anti-capitalist” slant to the encyclical and another asking about the role of profit in a pre-capitalist, market economy. It was encouraging to hear Professor Zamagni deny the first and Cardinal Martino speak positively about the second.
Related today- The Ultimate 'CARITAS IN VERITATE' Papal Encyclical Linkfest and Updates
Tuesday, July 7, 2009
Why Didn't Pope's Encyclical Mention "capitalism" Highlights of Vatican News Conference on Caritas in Veritate
Posted by James H at 7/07/2009 12:58:00 PM
Labels: Catholic, Catholic Politics, catholic social justice, economics, Pope Benedict, vatican
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