Posts tagged with: catholic social teaching

As Michael Novak observes in The Spirit of Democratic Capitalism, “A successful corporation is frequently based upon the principle of subsidiarity. According to this principle, concrete decisions must be made on the level closest to the concrete reality. Managers and workers need to trust the skills of their colleagues. A corporate strategy which overlooks this principle–and many do–falls prey to all the vices of a command economy, in which all orders come from above.”

According to a study by Melba J. Duncan in the Harvard Business Review, such delegation makes economic sense: “Generally speaking, work should be delegated to the lowest-cost employee who can do it well.”

A recent BusinessWeek article updates the case for executive assistants. Anyone who has had significant contact with corporate settings knows that the EAs are the ones who really get things done. But for such delegation to be effective and efficient, it must be empowering. As Duncan writes, “The most effective executives think deeply about the pieces of their workload that can be taken on—or restructured to be partially taken on—by the assistant.”

Even the “lowest-cost employee” has a stewardship responsibility.

Of course, delegation can go too far, too.

Last April 16, Acton’s Rome office co-sponsored a seminar in London on “The Morality of Work, Commerce and Finance: Lessons from Catholic Social Teaching” with St. Mary Moorfields, the only Roman Catholic parish in the Square Mile and located in the very heart of London’s investment banking district.

With several astute financiers, bankers, and business executives in attendance, the seminar’s expert speakers helped them articulate and ponder the moral and vocational aspects of the financial world in which they work. The seminar’s speakers also addressed the political and legal frameworks that regulate their sectors in light of traditional free market economic philosophy and the particular Catholic social teachings that both challenge and sustain modern practices in the sector.

Participants listen attentively to Philip Booth's technical and moral-theological assessments.

Participants listen attentively to Philip Booth’s technical and moral-theological assessments.

Msgr. Martin Schlag, a moral theology professor at Rome’s Pontifical University of the Holy Cross, led off discussion with his talk “Personal Virtues in the Workplace”. Schlag spoke about the interplay of the classical virtues before raising a discussion on the uniquely Christian “theological” or supernatural virtues of faith, hope, and charity.

Questions about poverty and social teaching are on the forefront of Pope Francis’ mind, as he’s made convincingly clear in his young papacy. This calls for cogent thinking on the topic, according to Fr. John Flynn, LC in “Francis and Catholic Social Teaching: Debates About Economy, Equality and Poverty Sure to Continue.”

Flynn cites Jerry Z. Muller, professor of History at the Catholic University of America, who gives credit to the astonishing “leap in human progress” that capitalism has brought about, but cautions that some find the disparity between rich and poor, the powerful and the dispossessed, to be grounds for anti-capitalist sentiment. Muller points out that this type of inequality seems to be growing internationally. (more…)

Rev. Robert Sirico was recently featured in El Salvador’s newspaper El Diaro de Hoy. Consuelo Interiano interviewed him about the free market, and social mortgage.

Sirico begins by saying that private property isn’t just important for businesses to thrive, it’s absolutely necessary for their existence. He goes on to say that businesses and private companies are the best way to help individuals escape poverty. Companies, large or small, create opportunities for work and offer individuals a means to elevate themselves out of poverty.

John Paul II said the Church “has consistently taught that there is a ‘social mortgage’ on all private property.” For those not familiar with the term ‘social mortgage,’ it refers to the conditions under which people may use God’s creation.  In other words, if you have private poverty you have a duty to be productive with it. Sirico responds to this by saying that the free market is a means to productivity and therefore social mortgage. He explains that one should not assume that the Catholic Church promotes socialism or communism.The duty of social mortgage falls on the shoulder of private property (which does not exist in these economic systems). He  goes on:

My defense of the free market is not a defense of crony capitalism, not a defense of mercantilism, not a defense of banks or entrepreneurs who buy the courts, who buy the states, because these people act exactly against the free market.

Rev. Sirico bases his explanations of the free market and the role of businesses on the book of Genesis. It says that human beings were created in order to exercise creativity and rule over all of creation.

To read the full article in Spanish, please visit


Update: Acton now has a PDF of this article available. You can download a color or black and white copy of it here:

Gregg on Social Justice

Gregg on Social Justice (black & white)

There seems to be a great deal of confusion about “social justice” and what that term actually means. In order to provide some clarity, and precision, to better understand the concept, Acton Director of Research Samuel Gregg, wrote an essay for Library of Law and Liberty , published today.

He begins by looking at justice generally:

Natural law ethics has identified justice as one of the cardinal virtues ever since Aristotle commenced his treatment of justice with the general notion of “legal justice” (the terms “legal” and “general” being more-or-less interchangeable). By this, he meant comprehensive virtue with regard to relationships with other persons. Justice-as-a-virtue was henceforth understood in this tradition as having a uniquely social dimension in the sense that one of its key elements is other-directedness.

As a virtue, general justice properly understood involves one’s general willingness to promote the common good of the communities to which one belongs. Here the common good should be understood as the conditions that promote the all-round integral flourishing of individuals and communities. Another element of justice which presents itself very early in the tradition is that of duty in the sense of what we owe to others. This is closely associated with a third element: equality. This should not be understood in the sense of everyone somehow being entitled to precisely the same, regardless of factors such as need or merit. Instead it means fairness as expressed in the Golden Rule. Injustice can after all involve doing things to people that entail no violation of any prior undertaking. Robbing someone, for instance, involves no breaking of any freely-entered-into agreement with the person from whom I steal. But does anyone doubt that an injustice has been done?

These three elements—other-directedness, duty (or what might be called rights today), and the Golden Rule—are closely linked and substantially overlap with each other. But attention to all three elements underscores that the same common good which is the end of general justice requires more than simply a broad inclination on the part of individuals and groups to promote the flourishing of others and themselves. On one level, as Aquinas specifies, it is a special concern of the rulers since they have a certain responsibility to promote the common good. But Aquinas also notes that it is a concern of every citizen: that is, those who participate in some way with the ruling of the community.


National Public Radio did a roundup of views on what to expect from Pope Francis on economic issues. Reporter Jim Zarroli interviewed Acton Research Director Samuel Gregg and several commentators on the Catholic left. NPR host Audie Cornish introduced Zarroli’s report by observing that the new pope “comes from Argentina, where poverty and debt have long posed serious challenges. In the past, when thrust into debates about the country’s economic future, Francis had made strident comments about wealth, inequality and the markets. Now, some Catholics are hoping their new pope will play a similar role, giving voice to the poor and exerting influence on a global scale.” But Cornish cautioned that if “some say the idea that Pope Francis is some kind of economic liberal is to misread him and the church.”

Here’s the exchange between Gregg and Zarroli that wrapped up the report.

ZARROLI: But anyone who expects Francis to take an active role as a critic of capitalism is sure to be disappointed, says Samuel Gregg, research director of the Acton Institute. Gregg says even as the new pope was criticizing the IMF, he was also taking a stand against liberation theology, the leftist movement that swept some parts of the church in the 1970s and ’80s. Gregg says Francis saw the movement as tainted by Marxist ideas that were at odds with church teaching and he didn’t want the church in Argentina to become politicized.

SAMUEL GREGG: Liberation theology, at least certain strands of liberation theology, insisted that the church had to become involved in more or less revolutionary movements for justice. And his response was no, that is not the responsibility of priests. Priests are supposed to be pastors. They’re supposed to be guides. They’re supposed to offer the sacraments. They’re not politicians. They’re not revolutionaries. (more…)

Alejandro Chafuen, President of the Atlas Economic Research Foundation, is hoping that newly-elected Pope Francis will be able to sort out the misunderstandings of what “social justice” means in the Church today. In today’s Forbes, Chafuen suggests that “social justice” has too often meant (especially in places like the pope’s home country of Argentina) taking from the rich and giving to the poor.

Chafuen observes that the Jesuit order, to which Pope Francis belongs, has a long intellectual history when it comes to describing what social justice should be. (more…)