A while back, Bevan Sabo and Ariel Goldring at Free Market Mojo interviewed me on a wide range of subjects. They’ve kindly granted us permission to post some excerpts:
FMM: Capitalism requires a large degree of selfishness. Though there is certainly room for charity in a free-market system, individuals and firms must pursue their own selfish interests in order for an economy to thrive (or even succeed). How does a Christian love his neighbor as himself and still function as a capitalist?
Father Sirico: I do not share the use of the word selfishness in the way that it is employed in this question. A proper self regard is based on the belief in my own inherent dignity and this requires “self love” but not an inordinate self-love or self-preoccupation which is willing to subordinate others to my own ends, either coercively or in a manipulative manner which disregards the same dignity of others. The word selfishness as it is used in common parlance does not reference rational self-interest but rather a self preoccupation and disordered priority.
From a Christian anthropological point of view the human person (who is much more than “the individual”) is a combination of his individuality and his sociality, his autonomy and relationships. From the first moment of our existence we are simultaneously autonomous (in that we are genetically distinct from our mothers), yet in relation to her while in the womb. The whole of our existence following is a working out of this interplay of our autonomy and our social nature. A Christian’s love for his neighbor is rooted in solidarity which is the recognition of a profound connection between human beings. It is, in a sense, a recognition of myself in the other. Because all human beings share an intrinsic dignity we ‘love our neighbors as we love ourselves’. Capitalism, which is only the economic extension of this anthropological truth, can be lived out from this perspective, but in order to be secure, just, and enduring, it needs to rooted in the historical development of such an anthropology.
FMM: In July of last year, the Guardian reported on Pope Benedict XVI’s third encyclical, entitled Charity in Truth. For me, the following is a particularly disturbing paragraph from the article:
The pope today called for a “profoundly new way” of organising global finance and business, calling for a new social and ethical dimension to capitalism and arguing the case for a new world political authority to help champion “the common good”.
The idea of the “common good” goes against the spirit of individualism that is an essential part of capitalism and any proper government. Can you discuss Charity in Truth, particularly, its ramifications for those who consider themselves both Christians and capitalists?
Father Sirico: If one is going to really understand papal encyclicals one must understand the tradition and theological milieu from which they emerge and attend to the precise definitions that are given to various specific phrases or concepts. In the case of the latest encyclical Caritas in Veritate many have asked questions about what the pope was addressing when he called for a “New World political authority”. I very much doubt your readers want from me a full exegesis of this section of the encyclical, but let me summarize by saying that this phrase is used in context with the references to subsidiarity elsewhere in the encyclical (e.g., no. 57) which is therein described as “the most effective antidote to any form of all-encompassing welfare state.”
Thus it is explicitly NOT the pope’s intention to be calling for some kind if ‘super state’, but rather for a global solidarity and authority “which cannot be imposed by force” (cf., Mater et Magistra, no. 130). The encyclical also cites a number of other references it is drawing upon, all of which are noted in the critical apparatus of the encyclical itself and all of which repudiate any kind of ‘super global state’. Read more on Interview: Economics and the Reality of Things…