Plutocracy or Democracy?

Discussion in 'Religion and Ethics' started by Wry Catcher, Jul 24, 2012.

  1. Wry Catcher
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    Wry Catcher Platinum Member

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    How Bad Policies Brought Us a New Gilded Age.

    It is clear by now that the state of the U.S. economy will be the primary issue in this year’s election. As voters and as Catholics, how should we evaluate the country’s economy and the government’s role in regulating it? More than a century of Catholic social doctrine, drawn together in the Compendium of the Social Doctrine of the Church and expressed most recently in Benedict XVI’s Caritas in veritate, provides some basic standards.

    In the words of John Paul II, the “first principle of the whole ethical and social order” is that of the “universal destination of goods,” which requires that all persons have access to sufficient goods to live in dignity and develop to their fullest potential. This is a goal best realized, furthermore, through a vibrant market economy based on private property, the economic arrangement that most efficiently creates wealth, respects human initiative, and allows people to support themselves and their families with dignity. The Catholic tradition is not opposed to wealth, private property, or free markets. Their value, however, is instrumental rather than intrinsic; they are beneficial to the extent that they contribute to the good of all, creating a widely shared prosperity. To ensure they do this, markets need government. Laws are needed to enforce contracts, insure transparency, and prevent corruption, and regulation is needed to prevent what Benedict XVI calls the “scandalous speculation” in the financial sector that recklessly risks the security of those in the larger economy. According to John Paul II, markets must be “appropriately controlled by the forces of society and by the state to assure that the basic needs of the whole society are satisfied.”

    Read more at:

    Plutocracy or Democracy? | Commonweal magazine
     
  2. Wry Catcher
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    Wry Catcher Platinum Member

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    This really is an interesting read; a balanced perspective rather than the usual tripe posting daily on this message board.
     
  3. Wry Catcher
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    Wry Catcher Platinum Member

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    Bump
     
  4. Wry Catcher
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    Wry Catcher Platinum Member

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    Bump to third paragraph of the link:

    Beyond these basic needs, church doctrine consistently cites equality as a core measure of economic well-being, warning that growing disparities in wealth not only violate basic principles of justice but create concentrations of power that threaten social cohesion and democratic integrity. Again and again, church teaching explicitly calls for the “redistribution” of wealth, and demands that government action show what John Paul II calls a “preference for the poor” by maintaining a safety net to protect the most vulnerable against poverty, homelessness, hunger, and poor access to health care.

    See the first two and the link above at the OP
     
  5. Wry Catcher
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    Wry Catcher Platinum Member

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    Lots of looks, not much in the way of feedback. The link makes a good deal of sense - at least to me - and I'm a non practicing agnostic Catholic who learned the Golden Rule in Catechism.
     
  6. Wry Catcher
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    bump, please see the OP for a history of this thread.
     
  7. whitehall
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    whitehall Gold Member

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    Religious bigotry has always been a substantial part of left wing politics but they have managed to keep their seething hatred for Christians under control. Now that they realize their last chance for a socialist revolution is coming up in November you can bet your ass(ets) that left wing bigotry will come out of the closet in a last desperate effort and it ain't gonna be a pretty sight.
     
  8. Wry Catcher
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    Fascinating. No, not your post; your abject partisanship.
     
  9. onecut39
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    onecut39 VIP Member

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    In the past century Republicans hAve opposed EVERYTHING with the exception of about a twenty year period that saw the rise of the northern liberal Republican.

    They are gone of course, extinct as the dodo bird.
     
  10. onecut39
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    Not to mention it is completely fact free.
     

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