Please enjoy this guest post by Fr. Alejandro Crosthwaite; he reviews Wolfgang Grassl’s Property (Acton Institute, 2012) for the PowerBlog. Fr. Crosthwaite is dean of social sciences at the Pontifical University of St. Thomas Aquinas in Rome.
Book Review: Property
By Alejandro Crosthwaite
The 2012 monograph entitled “Property” by Prof. Wolfgang Grassl, Full Professor of Business Administration and holder of the Dale and Ruth Michels Endowed Chair in Business at Saint Norbert’s College (De Pere, Wisconsin, USA), and published by the Acton Institute in its Christian Social Thought Series, argues that the Roman Catholic view on property as an institution with a divinely ordained purpose deemphasizes the rights of ownership and emphasizes the duties associated with it. Furthermore, he claims that the rights associated with property may be very different from one another as they touch upon different types of relations with reality. Different categories of property will involve specific duties. Property rights are thus in the Catholic Tradition neither absolute nor uniform nor are their ethical implications. The right to private property, he contends, is closely linked to the duty to contribute to one’s personal flourishing, the well-being of one’s family, and that of the community as a whole. Having control over more property, also involves greater duties toward one’s neighbors: with greater power, more responsibility! (more…)