economy

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Family Life Human Work Economic Life Political Community International Community Promotion of Peace Safeguarding environment

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Page 1: Economy

Family LifeHuman Work

Economic Life

Political Community

International Community

Promotion of Peace

Safeguarding environment

Page 2: Economy

Economic Life

Economic activity and material progress must be placed at the service of man and society.

Page 3: Economy

Wealth is meant to be shared.

The Church’s social doctrine teaches us that riches can function fully for man if they benefit

others and society

Page 4: Economy

What is wealth?

What is poverty?

Page 5: Economy

INEQUALITYINEQUALITY

Does this picture show us economic progress?

Page 6: Economy

POWER POWER

IMBALANCESIMBALANCES

What about this? Does this show us human

economic development?

Page 7: Economy

DISPARITY OF DISPARITY OF

WEALTHWEALTH

Page 8: Economy

INEQUITABLE OPPORTUNITIES

INEQUITABLE OPPORTUNITIES

Page 9: Economy

POWER IMBALANCES

POWER IMBALANCES

DISPARITY OF WEALTH

DISPARITY OF WEALTH

INEQUALITYINEQUALITY

INEQUITABLE OPPORTUNITIES

INEQUITABLE OPPORTUNITIES

Page 10: Economy

• DEVELOPMENT

Page 11: Economy

• UNDERDEVELOPMENT

Page 12: Economy

They sound They sound like the like the

description description of our of our

WORLD WORLD TODAYTODAY

Page 13: Economy
Page 14: Economy

Why do these social problems exist today?

Page 15: Economy
Page 16: Economy

MARK 10: 17 - 25MARK 10: 17 - 25

17And when he had departed on the way, a certain one, running up and kneeling before him, asked him, “Good Teacher, what shall I

do , so that I may secure eternal life?”

18 But Jesus said to him, “Why call me good? No one is good except the one God.

Page 17: Economy

MARK 10: 17 - 25MARK 10: 17 - 25

19 You know the precepts: “Do not commit adultery. Do not kill. Do not steal. Do not speak false testimony. Do not deceive.

Honor your father and mother.”

20 But in response he said to him, “Teacher, all these I have observed from my youth.”

Page 18: Economy

MARK 10: 17 - 25MARK 10: 17 - 25

21 Then Jesus, gazing at him, loved him, and he said to him: “One thing is lacking to you. Go, sell whatever you have, and give

to the poor, and then you will have the treasure in heaven. And come, follow me.”

22 But he went away grieving, having been greatly saddened by the word. For he had

many possessions.

Page 19: Economy

MARK 10: 17 - 25MARK 10: 17 - 25

23 And Jesus said to his disciples, “How difficult it is for those who have riches to

enter into the kingdom of God!”

24 And the disciples were astonished at his words. But Jesus said to them, “Little sons,

how difficult it is for those who trust in money to enter into the kingdom of God!

Page 20: Economy

MARK 10: 17 - 25MARK 10: 17 - 25

25 It is easier for a camel to pass through the eye of a needle, then for the rich to enter into the kingdom

of God.”

Page 21: Economy

1.1.Goods even Goods even when when

legitimately legitimately owned owned

always have always have a universal a universal purpose.purpose.

Page 22: Economy

2.2.Business Business should be should be

characterizecharacterized by their d by their

capacity to capacity to serve the serve the common common

good.good.

Page 23: Economy

“development cannot be limited to mere economic growth…

increased possession is not the ultimate goal of nations nor of individuals…

economic well-being is essential, but it is a trap hindering true development if the person makes economic goods the supreme good”

Page 24: Economy

Riches at the service of man and society

Page 25: Economy

In order to be authentic, DEVELOPMENT must be complete: integral, that is, it has to promote the good of every person and

the whole person”

“Genuine development is integral; it has moral and spiritual dimensions as well as

political, cultural and economic” Sollicitudo Rei Socialis # 27-34

Page 26: Economy

the relationship between the economy and morality is an important aspect

Page 27: Economy

It is a grave error for economic action to aim merely at creating wealth without justice

Page 28: Economy

In and of itself, the market is not, and must not become, the place where the strong subdue the weak

Page 29: Economy

… Economy and finance, as instruments, can be used badly when those at the helm are motivated by purely selfish ends

Page 30: Economy

These instruments, although good in themselves, can become harmful whenever moral conscience is lacking among economic players.

Page 31: Economy

That is why Pope Benedict XVI is calling for the individuals to have “moral

conscience” and “personal and social responsibility.”

Page 32: Economy

The urgent challenge we have today, in this global economic and financial crisis, is not just to behave in a traditional ethical manner that is transparent, honest and responsible,

Page 33: Economy

but also the need to have this but also the need to have this “principle of gratuitousness and “principle of gratuitousness and the logic of gift as an expression the logic of gift as an expression

of fraternity.”of fraternity.”

Page 34: Economy

Man’s economic life is a gift, but this gratuitousness seems unrecognized due to a “purely consumerist and utilitarian view of life.”

Page 35: Economy

a) Lack of material necessities (misery)

b) Destroyed by selfishness

c) Oppressive social structures

d) Exploitation

Basic needs fulfilled

Knowledge & culture

Respect for dignity of others

Cooperation for common good

Desire for peaceDesire for God and Faith

LESS HUMAN MORE HUMAN

Page 36: Economy

SUMMARY

Page 37: Economy

Faith in Christ brings authentic social development.

Page 38: Economy

Economic goods and riches can only be meaningful if they benefit man and society.

Page 39: Economy

Economy and morality are always related. Moreover, economic institutions exist to serve the human person