On Jan. 27, Acton’s Rome office sponsored a presentation of The International Property Rights Index at the Dominican-run Pontifical University of St. Thomas Aquinas. The private seminar was a premier event in Rome for the index’s publisher, introducing data and case studies sampled from 129 industrialized and developing nations. It was attended by some 40 leveraged opinion makers from the ranks of legal, political, academic and religious sectors.
Speakers included the university’s dean of social sciences, Fr. Alejandro Crosthwaite, who gave an excellent exposition of St. Thomas Aquinas’s treatise on property, including the medieval philosopher’s explanation of incentives for personal responsibility by way of individual as opposed to collective ownership. He also took time to explain what the Catholic Church teaches on the universal destination of goods, which is often misinterpreted as a contradiction to individual ownership. In referencing the Compendium of the Social Doctrine of the Church (quoted in part from No. 177), leaders in attendance were reminded:
“Christian tradition has never recognized the right to private property as absolute…The principle of the universal destination of goods is an affirmation both of God’s full and perennial lordship over every reality and of the requirement that the goods of creation remain ever destined to the development of the whole person and of all humanity. This principle is not opposed to the right to private property but indicates the need to regulate it. Private property… is in its essence only an instrument for respecting the principle of the universal destination of goods; in the final analysis, therefore, it is not an end but a means.” (more…)