Inside Catholic has been kind enough to publish a reworked and hopefully more coherent account of my thoughts on Locke and Catholic political thought. For those who didn’t want to wade through my verbose musings, this ought to be more readable.
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Posted by Bonchamps
On the eve before what no doubt will be a significant election for Americans, I think it would be appropriate to think once more about the binding nature of the fundamental principles of Catholic social teaching and their immediate implications for political and economic realities. Pope Benedict XVI’s most recent encyclical, Caritas in Veritate, would make for good meditation before heading out to vote tomorrow.
We often hear this notion of “prudential judgment” tossed around haphazardly, usually by those who search for an excuse to disregard some principle or implication of Catholic social doctrine. While very specific, concrete policy decisions like setting speed limits or requiring possession of specific resident documentation (e.g., state ID cards) are, indeed, underdetermined by Catholic social doctrine and are, therefore, up to prudential judgment, the bulk of what the Church teaches in social matters is binding on the faithful. But why should I, as a Catholic, care about what Pope Benedict XVI or, for that matter, what any pope or council has to say about political ideologies, human development, distributive justice, and economic life? The simple answer is, if you accept the doctrinal authority of the Church, then it follows that you will accept Catholic social teaching, for to reject a substantive part of the latter is to reject the former. The history of papal social teaching certainly confirms this.
In his 1912 encyclical, Singulari Quadam, Pope St. Pius X declared that the Church’s teaching authority extends beyond the exclusive domain of faith and into the domain of socio-economic affairs:
62 Comments | Uncategorized | Tagged: Canon Law, Caritas in Veritate, Catholic Social Teaching, Compendium of the Social Doctrine of the Church, Election 2010, Pope Benedict XVI, Pope John Paul II, Pope Leo XIII, Pope Pius X, Second Vatican Council | Permalink
Posted by MJAndrew
In the previous part of this series, I gave a detailed comparison of the views of John Locke and Pope Leo XIII on the state of nature, the origin of private property, and the proper use of private property. In this final part, I want to make a few more points regarding what I think can be called “Lockean” thought, at least as it exists in contemporary America, explore the relationship between the Catholic Church and the United States, and explain why I think all that has been considered thus far is relevant for our political situation today.
13 Comments | Uncategorized | Tagged: Austrian Economics, Austrian School, Catholic Encyclopedia, Catholic Social Teaching, Charity, Christian charity, Declaration of Independence, Immortale Dei, In Amplissimo, John Locke, Libertas, Pope Leo XIII, Private Property, Rerum Novarum, Ron Paul, Second treatise of civil government, Separation of Church and State, Tea Party, Tea Party Movement, Thomas Hobbes, Thomas Jefferson | Permalink
Posted by Bonchamps
by Joe Hargrave
In the previous part I showed how Locke’s argument for government by consent was similar to, and may have even been influenced by, that of St. Robert Bellarmine. I also showed how some of the more well-known early-modern political theorists who dreamed of powerful authoritarian regimes also dreamed of obliterating the Church as an obstacle to their fruition. Now I will argue that there is a clear overlap between the political theory of John Locke, and that of Pope Leo XIII, the pope who is responsible for Catholic social teaching as we know it today. In the final part of this series I will address why these overlaps are important, and what they mean in our contemporary political situation.
3 Comments | Uncategorized | Tagged: Catholic Social Teaching, First Treatise, First Treatise of Civil Government, God Locke & Equality, Immortale Dei, Jeremy Waldron, John Locke, Karl Marx, Natural Law, Natural Rights, Peter Laslett, Pope Leo XIII, Private Property, Rerum Novarum, Robert Filmer, Second Treatise, Second treatise of civil government, state of nature, Theories of Surplus Value, Thomas Aquinas | Permalink
Posted by Bonchamps
by Joe Hargrave
With the political storm clouds gathering over the horizon for November, I want to take this opportunity to explain why I will be voting for GOP candidates (specifically Tea Party candidates when possible) at the midterm elections. It is not because I “believe in” the Republicans, or because I think that a Republican Congress is going to lead America into a new golden age. It is because the Obama/Democrat agenda must be slowed down, and more importantly, because I do not share the hierarchy of priorities or values of the left.
81 Comments | Uncategorized | Tagged: 1984, Catholic Social Teaching, congressional elections, Democrats, economic prosperity, George Orwell, GOP, humanism, Jesus Christ, Leo XIII, Leviathan, Marxism, Marxists, Materialism, midterm elections, misanthropy, Noam Chomsky, November elections, Obama, philosophy of liberty, Pius XI, Quadragesimo Anno, radical humanism, render unto caesar, Republicans, Socialism, Spirituality, Tea Party, the Gospels, Thomas Frank | Permalink
Posted by Bonchamps
Do not miss the new book, Mercy without Borders: The Catholic Worker and Immigration, by Mark and Louise Zwick. Mercy without Borders tells the remarkable story of Casa Juan Diego, the Catholic Worker house of hospitality founded by the Zwicks in Houston, Texas.
When it comes to the preservation and continuation of the legacy of Dorothy Day, Peter Maurin, and the Catholic Worker, no one does it more faithfully than the Zwicks. Like Dorothy and Peter, the Zwicks are grounded in the intellectual tradition of the Catholic Church, promote and defend the Church’s teachings and devotions, and fulfill Christ’s mandate to love and minister to the least of his brethren. When my wife and I would volunteer at Casa Juan Diego (my wife serving as a translator and assistant in the medical clinic and I completing what Mark called the “humble chores”–writing thank you notes to donors, providing rides to clinics for those staying at Casa Juan Diego, and picking up supplies), I was struck by the Zwicks’ peace and deep faith in the power of the Gospel. They are the only people I have met about whom I have thought, “I am in the presence of living saints.” If you ever have occasion to visit Casa Juan Diego, be it for Mass, prayer, or ministry, you will see what I mean. When you do, you will see an instance of the full expression of the Catholic faith in action. For those who do not visit, Mercy without Borders should do just as well.
Today is my birthday, which means that while I get cake, ice cream, and annoyance for having to study on my birthday, you get to realize that the November elections are merely a month and a week away. In the Catholic blogosphere, this means that the “republicath” & “Catholyc” labels are getting dusted off for use in the political war.
For example, MM has launched an
humorless satirical website a mini-crusade against Thomas Peters & CatholicVote. Specifically, he’s angry about the very high rating they gave to Sharron Angle, a Republican running against Harry Reid. While I disagree with some of the exaggerations (if he thinks that’s a racist ad, he doesn’t watch much TV during October), I think his question is a good one: when ought a Catholic group be offering endorsements? Read the rest of this entry »
We here at The American Catholic, along with conservative Catholics in general, have been accused many times of “Calvinism” by certain writers at Vox Nova. I am going to go out on a limb and suggest that this accusation is nothing more than a massive projection made by people who harbor Calvinist theological assumptions themselves, of which they may or may not be fully aware. Particularly, I think in their constant shilling for big government programs, for slavishness before all forms of authority, for the unlimited extension of “rights” (i.e. entitlements), and the rest of the statist agenda, the leftists at Vox Nova and throughout American political landscape have absorbed a perverse Calvinist doctrine of their own, namely that of the total depravity of man.
I have actually written about this before: the process by which radical leftism transformed from a project rooted in optimism, in a fanatical belief in man’s goodness and reason (apart from God of course), to one of utter pessimism and misanthropy. The first communists, and particularly Marx – for all of their deep flaws, errors, and hatreds – retained a belief in man’s goodness that they had mistakenly come to believe Christianity had rejected through the heresies of the Protestant rebellion.
57 Comments | Uncategorized | Tagged: Animal Farm, Calvinism, Catholic Left, Catholic leftism, Catholic Social Teaching, Council of Trent, Fredrich Engles, George Orwell, John Calvin, Karl Marx, Marxism, personal responsibility, Political Philosophy, Political Theory, Pope Leo XIII, Pope Pius XI, Quadragesimo Anno, Rerum Novarum, rights of the poor, rights of workers, Thomas Hobbes, total depravity, Vox Nova | Permalink
Posted by Bonchamps
I’ll begin by stating that part of the blame or praise for this post ought to go to Christopher Blosser and David Jones for their excellent overview and commentary on the ongoing political/economic dispute between Catholic Distributists and Catholic libertarians.
I wish I could easily come up with a logical, smooth flow to all of these points. But really I just want to get them out there, no matter how disjointed in appearance.
Finally, I really mean it this time: we will have a respectful discussion on this topic, or none at all. That means certain people and their comments will likely be banned from the discussion. It will not be possible to avoid charges of “being afraid” to debate with such indestructible champions of the one true political philosophy, given their amazing ability to rule out all other possible reasons, including their coarse and offensive personal behavior, as to why no one wishes to engage in discussions with them. C’est la vie.
The best way to contribute here, though, is to ask questions that I can answer for this FAQ!
Where does the word “Distributarian” come from?
The word “Distributarian” was pejoratively applied to me and a few others who have attempted to blend libertarian and Distributist ideas by those not so enamored with the project. Since I see it as a good thing, I don’t mind wearing the label as a badge of honor.
What is a Distributarian?
It is one who does not see a necessary conflict between the basic propositions of Distributism and libertarianism, and insofar as possible, seeks to incorporate both of them into their social vision.
What are these propositions?
The following propositions are both necessary and sufficient for each ideology:
Of Distributism: property should be as widely distributed as possible.
Of libertarianism: social relationships should be as voluntary as possible.
Naturally some doctrinaires will dislike the wording “as ___ as possible”; why should we care about what is possible when great ideas are at stake? Either they exist full-fledged without imperfection in the world or they may as well not exist at all! If we move past this childish expectation and begin with the possible, I think we will find that there is no contradiction between these propositions.
Distributism and libertarianism challenge each other in a good way. Distributism challenges libertarianism to move beyond individual autonomy and articulate a vision of the common good; libertarianism challenges Distributism to clearly articulate how property distribution ought to come about – through force, or through consent?
Not only do they challenge each other; they compliment each other. Property owners will thrive in an environment of economic freedom; genuine liberty will thrive as it is rooted in solid social institutions based upon private property. As property ownership will increase the self-sufficiency of individuals, families, and communities, it will decrease dependency upon the state.
And please note that this is a work in progress!
Comments Off on Catholic Distributarianism: A Preemptive FAQ | Uncategorized | Tagged: Anarchism, Catholic Social Teaching, Distributism, Edward Feser, John Locke, Joseph Schumpeter, Libertarianism, Murray Rothbard, Natural Rights, Political Philosophy, Political Theory, Pope Leo XIII, Pope Pius XI, property, Property Rights, Quadragesimo Anno, Redistribution of wealth, Rerum Novarum, Scott McDermott, Second treatise of civil government, theory of property, wealth redistribution | Permalink
Posted by Bonchamps
Former Bush speechwriter, Mike Gerson, and David Brooks have been working to show why the Tea Party is at odds with some key aspects of conservatism, as Gerson comments, “It is at odds with Abraham Lincoln’s inclusive tone and his conviction that government policies could empower individuals. It is inconsistent with religious teaching on government’s responsibility to seek the common good and to care for the weak. It does not reflect a Burkean suspicion of radical social change.”
My suspicion of the Tea Party stems from the fact that I grew up on conservative thinkers like Edmund Burke, Russell Kirk, and Irving Babbitt. As a Catholic, the nativist rhetoric of the Tea Party echoes back to a time when a time that many believed you couldn’t be Catholic and American, just like today many think you can’t be Muslim and American. What we see reflected in the Tea Party is an ethnocentrism that chooses to selfishly horde the American dream.
In his column (linked to above), Gerson has raised some key questions about problematic Tea Party thinking: 1. They tend to think anything not written in the Constitution is unconstitutional, especially government programs like Medicare and Social Security. 2. As I mentioned above, they have a nasty nativist streak when it comes to immigration. 3. The have a problematic approach to the 2nd Amendment.
67 Comments | Uncategorized | Tagged: Catholic Social Teaching, Constitutional Law, Crunchy Conservatism, David Brooks, Edmund Burke, Idealism, Irving Babbitt, Law, Mike Gerson, Nativism, Russell Kirk, Social Darwinism, Tea Party, U.S. Congress, U.S. Constitution, U.S. v Lopez, William Rehnquist | Permalink
Posted by Justin Aquila
The relationship between markets and morality has been the subject of analysis and sometimes intense debate for centuries, since Aristotle wrote chapter 1 of The Politics and possibly sooner. I myself have participated in many of these debates, and the position I would typically take is that markets were either amoral at best, or a cause of vice at worst. There are many Catholics and many Distributists who probably share the same view. They will concede and even embrace the fact that the Papacy has not categorically condemned market activity, but they will spend the majority of their time highlighting why markets ought to be regulated and taxed, why we need welfare programs, labor unions, and all of the rest.
I have written extensively against a phenomenon called consumerism, which is also heavily critiqued in the Papal encyclicals. But it would be wrong to associate consumerism, which is a byproduct of mass production and communications technology, with market activity as such, since it pre-dates industrial society by thousands of years.
15 Comments | Uncategorized | Tagged: A Humane Economy, Austrian Economics, Austrian School, Catholic Social Teaching, Distributism, Economic Justice, Free Market, Ron Paul, Social Justice, Thomas Woods, Wilhelm Ropke | Permalink
Posted by Bonchamps
A recent post over at Vox Nova by Henry Karlson gives me an opportunity to address an issue that has been on my mind as of late: the state of evangelical-Catholic relations in the United States. It will likely surprise no one that my views on this matter are diametrically opposed to his. I believe this is the case, quite frankly, because Karlson – and he is far from alone in this, among his comrades – has a disordered hierarchy of values. He writes:
Vox Nova has for years pointed out the negative influence Evangelical Protestantism have had on American Catholics, where such Catholics have engaged Protestant sensibilities, turning their back on authentic Catholic teaching. It is easy to see how many American political ideologies have become a part of the religious faith of Catholics, so that when discussing religion, they end up echoing American political screeds.
So much for ecumenicism! Somehow Catholic dissent on torture is to be blamed on the influence of high-profile conservative evangelical converts, i.e.:
[T]hose who mock Catholic social doctrine in Papal Encyclicals and those who think intrinsic evils, such as torture, is [sic] fine…
I wonder to which conservative evangelicals Karlson might point to explain left-wing dissident Catholic acceptance of intrinsic evils such as abortion and the perversion of marriage.
In order to understand this matter at all, we have to understand that while they overlap and intersect in many places, religion and politics are not one, nor should they be. Aside from non-negotiable issues, and I agree with Karlson at least on the point that torture is one of them, Catholics are under no obligation to categorically reject “American political ideologies” as if they were the graven images of Baal.
The reference to “American political ideologies” is all the more absurd when one considers a) that the “ideology” most publicly supportive of torture, neo-conservatism, is deeply rooted in Leo Strauss’s views of European philosophy as well as disillusionment with Trotskyism, and b) that the ideologies, at least on the right, most opposed to torture – libertarianism and paleo-conservatism – pride themselves on a much more solid foundation in Anglo-American political thought. Has he never heard of Ron Paul’s position on torture?
It is arguable at any rate that many of the policy positions held by Karlson and some of his co-bloggers violate the principle of subsidarity, though this is neither tantamount to theological dissent or a lapse of personal piety.
63 Comments | Uncategorized | Tagged: American ideologies, Catholic Social Teaching, Catholic-evangelical relations, Catholic-Protestant relations, Catholics and evangelicals, Catholics and Protestants, Dietrich von Hildebrand, Evangelical Protestants, Richard John Neuhaus, Vox Nova | Permalink
Posted by Bonchamps
Despite their obvious potential advantages, employee owned businesses tend to be rare. In 2004, there were an estimated 300 worker owned cooperatives in the United States. If that sounds impressive, consider that in 2001, there were over 18.3 million nonfarm proprietorships in the U.S. Nor is the situation much different overseas. The Mondragon Cooperative Corporation is typically cited as an example of a successful worker cooperative, and it is indeed quite successful . . . for a co-op. Compared to other types of businesses, however, Mondragon performs well, but not stellar. It is the seventh largest corporation in Spain, and despite being a conglomeration of more than a 100 different companies, it accounts for less than 4% of the GDP of the Basque region of Spain where it is located. When one considers that Mondragon is in all likelihood the most successful worker cooperative on the planet, the idea that the co-op’s success proves the viability of worker cooperatives generally begins to seem doubtful.
There’s nothing legally preventing people from choosing to start a workers-owned cooperative rather than some other form of business, and in fact cooperatives receive more favorable tax treatment than do standard business corporations. Why then, aren’t they more common? The question has actually inspired a fair amount of research, which has identified at least four obstacles to the success of worker owned businesses.
7 Comments | Uncategorized | Tagged: Catholic Social Teaching, Cooperatives, Distributism, G.K. Chesterton, Hilaire Belloc, Mondragon Corporacion Cooperativa, Pope Leo XIII, Pope Pius XI, Principle of Subsidiarity, Quadragesimo Anno, Rerum Novarum, Social Solidarity | Permalink
Posted by Blackadder
The entire country, including and especially the blogosphere, is ablaze with commentary, debate, and verbal warfare over the merits and potential consequences of Obamacare’s passage into law on Tuesday. Among us Catholics debate has been particularly intense, since the American Church played a key role in opposing Obamacare due to its anti-life provisions, though I can’t say that I agree at all with the bishops when they suggest that the bill was otherwise acceptable.
I opposed, and continue to oppose Obamacare for many reasons, abortion funding being only one of them. Indeed, while the absence of the Hyde language from the bill is certainly troubling, the truth is that Catholic taxpayers have been funding “medically necessary” or “exceptional” abortions at the state level through Medicaid for decades – abortions which are still offenses against life according to the teaching of the Church. Some Catholics have also been doing so through their participation in private health care plans that cover abortion. In modern America, we may as well forget about any kind of meaningful “conscience protection.”
It occurs to me that there are – among several others – two major problems that I have not seen adequate coverage of in the news that will result from Obamacare, though I admit, I can’t read everything, so if someone can direct me to analysis of these issues, I would be grateful.
41 Comments | Uncategorized | Tagged: Catholic Social Teaching, Catholics and Healthcare, Centesimus Annus, Compendium of the Social Doctrine of the Church, Distributism, Federal Funding of Abortion, Hyde Amendment, ObamaCare, Pope John Paul II, Principle of Subsidiarity, Universal Health Coverage | Permalink
Posted by Bonchamps
The recent controversy at our blog over the appropriate relationship between Catholics and the nation-state gives us an opportunity to clear the air, and, hopefully, rebuke the provocative and absurd charges of “Christo-fascism” leveled against some of the contributors to this blog. Such a phrase could have any number of meanings, or be applied (or misapplied) in an arbitrary way.
I do wonder, for instance, whether or not our friend the Catholic Anarchist approves of the Church’s support of Franco during the Spanish Civil War, and the role it played in the Spanish state thereafter. One sometimes gets the impression that, in the view of some people, it would have been better if the Church offered herself up, and all of her flock, to martyrdom at the hands of the communist and anarchist marauders instead of acting in accordance with the most basic instincts of self-preservation. The Franco dictatorship was, of course, practically a democratic utopia compared to the horrors of Bolshevik Russia or Maoist China, especially for Christians.
What about the United States, or shall we say, “the American nation-state”? As in all matters, there are two extremes to avoid.
This essay I wrote today is a much more developed treatment of the libertarian-distributist alliance I proposed not long ago. It was inspired by a critique of the Acton Institute and it’s Fr. Sirico by distributist Thomas Storck, linked through the essay.
My hope is that it can be an opening move in a real dialogue between libertarians and distributists. Comments are welcome.
5 Comments | Uncategorized | Tagged: Acton Institute, Catholic Social Teaching, Distributism, Father Robert Sirico, Libertarianism, Pragmatism, The Distributist Review, Thomas Storck | Permalink
Posted by Bonchamps
Brace yourselves, everyone. I am about to announce one of those major shifts in thinking that causes everyone I know to recoil in shock and horror, or, if they’ve been paying attention to what I say and write, simply shrug because they saw it coming. Most people do not change their thinking as drastically in a lifetime as many times as I do in a decade. I am hoping that I will eventually reach an equilibrium. I can’t help it that new facts require a reexamination of old logic.
For the last few years, I have been a pretty consistent advocate for a particular interpretation of Catholic social teaching. The central argument was that, contra all forms of libertarianism, the state had a right and a duty to intervene in the economy in particular, and social life in general, short of establishing a command economy, in order to promote the common good.
Before continuing, I should make clear that I still believe this ought to be the case in principle. Should the right conditions arise, I would be the first in line to support everything that follows from this political and moral premise. But I have come to understand that the conditions for this project do not exist. For the premise that a just socio-economic order will arise from the intervention of the state presupposes that the people who are in charge of the state are themselves just.
This presupposition, in the United States of America, in 2010 Anno Domini, is entirely false.
The so-called American conservative movement is not conservative in the sense that many of its proponents would suggest. In reality, American conservatism, in many ways seeks to preserve and reassert classical liberalism. In fact, the entirety of the American political spectrum is liberal in different ways and varying degrees—but it is unmistakably and manifestly liberal.
This should come as no surprise since many of the Founding Fathers were men of the Enlightenment and there is no more obvious case than that of Thomas Jefferson, the author of that quintessential Enlightenment masterpiece The Declaration of Independence. The philosophical paradigm by 1776 had already shifted—anthropology was evolving toward an increasingly false view of man and the natural law (because the philosophical concept of “nature” was changing) was something different than that articulated by classical philosophers, which had been incorporated into the Christian tradition.
The American legal tradition seeking to adhere to the letter of the social contract, i.e. The Constitution of the United States of America, seems to have individual liberty at issue in every question of law. This, to be sure, is not something to be regarded as a problem in and of itself, insofar as the operative definition of liberty is not philosophically false and the norms of justice, in the classical sense, are not contradicted.
To the learned mind, it is patently clear that the predominant philosophical paradigm, anthropological assumptions on human nature, concept of the nation-state, view of society, of freedom, of responsibility, and so forth found in the Western world is undoubtedly borne of Enlightenment thinking. The United States is most certainly no exception. In America, across the political spectrum, there is a dubious philosophical premise, that of an abstract ideal of autonomy, which, no matter how admirable or attractive it may seem, is radically incomplete. Indeed, man does possess a free will, but the form of freedom requires content. Read the rest of this entry »
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Posted by Eric Brown
At times looking at an example of someone getting an idea wrong is actually the most helpful thing in formulating a better understanding of the topic. That’s how I felt, some while back, when I ran into this post descriptively entitled, “Love Never Ends, So How Could A Just Society Bring An End To Charity?” which argues:
I have heard it said by many people that if the government provides for the needs of society through its social services, there will no longer be any need for charity. Yet, we are called to charity, and therefore, we must not allow governments to interfere in our acts of charity. There is something very mixed up with this notion. It is perverting the very nature of charity, twisting it in a way to make sure there will be people who are suffering, so that they can be the objects of our good will. We are being told we cannot wish for a more just society because if such a society exists, charity will vanish.
But this cannot be the case, can it?
What exactly is the aim of charity but love? Love can be manifest in many ways; when someone is in dire straights, love seeks to help them out of it. But that is not all love seeks for them. Indeed, does a husband or wife love their family less after they have provided for their family’s needs? Certainly not! If we would not look at our family relationship in this way, why do we look at the world in this fashion?
Charity is caritas, love; to act in charity is to follow the dictates of love. Charity seeks for the betterment of others; in doing so, it recognizes that the most immediate need should be taken care of first (food, shelter, clothing, health, quality of life, etc). If these are taken care of, this does not diminish the need for charity: it provides room for greater forms of charity, for greater forms of love.
Now, I don’t think that, “Where will that leave charity,” is a universally good answer to suggestions of instituting social services. In a society which is already weak and uncohesive, there’s clearly a need for some minimal level of social services. The legitimate question to be argued between political factions is what the appropriate extent and form of social services should be — not whether there should be any at all. (If you’re unsure of this, ask yourself if you’d really support closing government homeless shelters and food assistance, abolishing unemployment, or eliminating the federal deposit insurance that assures that if your bank runs into problems your saving account doesn’t vanish over night. The sight of people literally dying in the street was not uncommon 150 years ago in many parts of what is now the developed world, and the fact that we’ve largely eliminated that — though social programs as well as through charity — is certainly not a bad thing.)
Read the rest of this entry »
One of the many unfortunate aspects of “cafeteria Catholicism” in our country today is that the Church’s social teaching has become virtually synonymous with liberal, quasi- or outright-heterodox forms of our faith. This should not be. The social doctrine of the Church is part and parcel of the deposit of faith, and those of us who embrace the truth of Catholicism must stop ourselves from assigning guilt by association with regard to social doctrine merely because its loudest proponents are very picky in the cafeteria line.
25 Comments | Uncategorized | Tagged: Caritas in Veritate, Catholic Campaign for Human Development, Catholic Social Teaching, Catholic Social Thought, Social Justice | Permalink
Posted by Chris Burgwald
What strikes me as a fair critique of Moore’s documentary, which draws, howbeit with some misrepresentation, from Catholic social teaching in addressing the current financial crisis. (Via Carl Olson).
5 Comments | Uncategorized | Tagged: Capitalism, Capitalism: A Love Story, Catholic Social Teaching, Documentary, Father Robert Barron, Film Analysis, Michael Moore, Movie Review | Permalink
Posted by Christopher Blosser
As you can clearly see, I have been bitten by the writing bug. This will be my last post for a little while, so I wanted to make it a good one. Starting Monday my contributions to the discussion will be sporadic at best for at least a week.
Consider it yet another fulfillment of my promise to certain commentators here to get back to economic issues so we can continue our disagreements after so much agreement on life issues and the liturgy 🙂
Having at times been a bit critical of my co-contributor Joe’s enthusiasm for Employee Owned Companies (EOCs) and “economic democracy” in general, it seems only fair that I spend a moment looking at the good sides — and there do definitely seem to be good sides to the employee owned company model.
Being entrepreneurially-minded, employee ownership is certainly not something that I’m in principle opposed to, it’s more that I think it probably works well in certain situations, but is not a panacea.
Where It Doesn’t Work
It seems to me that certain business characteristics will make it particularly hard for EOCs to prosper. This does not mean that employees at such companies should not have company issued stock, but the amount of stock distributed to employees by the company should probably be limited to the traditional 10-20% maximum.
Companies which require large amounts of capital investment (early stage startups which are trying to grow very fast, research-intensive companies) are generally not going to be good candidates. The traditional return for investment is stock — either by the general investing public through a public stock offering, or through specific investors in a privately held company. Such companies often reserve a portion of stock for issue to employees as an incentive (or sell to them at a discount via stock options) and have company performance based compensation, but their need for capital makes it impossible for them to reserve 50%+ of company stock for employees.
Read the rest of this entry »
I have not seen Michael Moore’s latest film Capitalism: A Love Story. Therefore this is certainly not a movie review, for those who might have been expecting one. After what I have read recently, however, about the content of the movie – particularly it’s Catholic content, it is something I think I am going to have to see for myself. An article in The Guardian (for which I tip my hat to Facebook friend Brennan Hartley for) explores the presence of Catholic social teaching in Moore’s latest film, and in what may be a shock to at least some folks, Moore’s professed Catholicism.
Many of the readers here at TAC, however, will probably not be so surprised; we are all familiar enough with the specter of the liberal Catholic. There is a good aspect, a bad aspect, and a downright ugly aspect to what I typically encounter on the Catholic left, and Moore is the epitome of this trend.