What does the history of Christian views of economic life mean for economic life in the twenty-first century? Here Daniel Finn reviews the insights provided by a large number of texts, from the Bible and the early church, to the Middle Ages and the Protestant Reformation, to treatments of the subject in the last century. Relying on both social science and theology, Finn then turns to the implications of this history for economic life today. Throughout, the book invites the reader (...) to engage the sources and to develop an answer to the volume's basic question. (shrink)

Disagreements about the morality of markets, and about self-interested behavior within markets, run deep. They arise from perspectives within economics and political philosophy that appear to have nothing in common. In this book, Daniel Finn provides a framework for understanding these conflicting points of view. Recounting the arguments for and against markets and self-interest, he argues that every economy must address four fundamental problems: allocation, distribution, scale, and the quality of relations. In addition, every perspective on the morality of markets (...) addresses explicitly or implicitly the economic, political, and cultural contexts of markets, or what Finn terms 'the moral ecology of markets'. His book enables a dialogue among the various participants in the debate over justice in markets. In this process, Finn engages with major figures in political philosophy, including John Rawls, Robert Nozick, and Michael Walzer, as well as in economics, notably Milton Friedman, Friedrich Hayek, and James Buchannan. (shrink)

Caritas in veritate (Charity in Truth) is the ''social'' encyclical of Pope Benedict XVI, one of many papal encyclicals over the last 120 years that address economic life. This volume, based on discussions at a symposium co-sponsored by the Institute for Advanced Catholic Studies and the Pontifical Council for Justice and Peace, analyzes the situation of the Church and the theological basis for Benedict's thinking about the person, community, and the globalized economy.

This volume provides a new account of business ethics from the perspective of Catholic social thought. Focusing on the sense of agency of the business person and the interests of business firms, this volume addresses business from both "the outside" (with questions about economic life in Catholic social thought) and "the inside" (with attention to the internal dynamics of business firms). The result is a creative account of fundamental issues confronting the moral business leader and any firm committed to responsible (...) business practice. This volume is unique in the depth of the questions from Catholic social thought that it brings to bear on business. It begins with interviews of three CEOs to ensure a grounding in experience and a consideration of the intellectual history of business issues in Christianity. Most importantly, it deals with fundamental moral concerns: the character of agency, autonomy, practical wisdom, and the technocratic paradigm, along with other elements of Catholic social thought. The book then applies these concepts to assess management science, the motivations of business leaders, the role of luck in personal success, the traditional moral justifications of business, and more. (shrink)

Workers in distant nations who produce the products we buy frequently suffer from accidents, managerial malfeasance, and injustice. Are consumers who bought the products made by these workers in any way morally responsible for those injustices? And what about the far more frequent, less severe injustices, such as the withholding of wages, the denial of bathroom breaks, forced overtime, and harassment of various sorts? Could buying a shirt at the local department store create for you some responsibility for the horrendous (...) death in a factory fire of the women who sewed it half a planet away? (shrink)

Distant Harms, Distant Markets looks at moral complicity in markets, employing resources from sociology, early Christian history, feminism, legal theory, and Catholic moral theology today. The authors skillfully explore the causal and moral responsibilities which consumers bear for the harms that markets cause to distant others.

S’il manquait encore aux deux États irlandais le trait distinctif de la politique européenne moderne – une division gauche-droite nettement liée à la classe des électeurs – ne pouvait-on en déduire que, pour une fois, l’Irlande avait une longueur d’avance, annonçant l’américanisation prochaine de la vie politique européenne? Depuis septembre 2008, la crise mondiale a noyé ces visions sous un déluge d’eau glacée. L’État du sud, en chute libre, perd des emplois à une vitesse vertigineuse et a été contraint d’accepter (...) un « plan de renflouement » humiliant de l’UE et du Fonds Monétaire International. La récession a cruellement révélé les failles du modèle du « Tigre celtique ». S’il est trop tôt pour évaluer les effets à long-terme de la crise, il est d’ores et déjà évident que le parcours historique excentrique de l’Irlande est encore bien loin d’arriver à son terme. (shrink)

Christian ethics has from the beginning been concerned with moral agency and culture, and Christian social ethics has acknowledged the power of social structures for the last 150 years. But ethics has yet to employ extensively the resources of that discipline that specializes in understanding structure and culture: sociology. Out of a concern to defend human freedom, Catholic social teaching has employed an individualistic approach that misdescribes the characteristics of social evil as little more than the sum of individual choices (...) and proposes individual conversion as a remedy. This book presents a refined sociological understanding of social structures and culture: critical realist sociology. It briefly describes the roots of critical realism in the natural sciences, its understanding of social structure and culture, and how structure and culture have causal impact on human decisions - through freedom, not cancelling it. It makes clear how, in most cases, people "go along" with the restrictions and opportunities offered them but, when there is sufficient frustration with these, how decisions can transform both structure and culture. The analysis is then applied in more detail to provide needed illumination in three areas: the ecological crisis, economic life, and virtue ethics. The core claims of the volume, offering an explanatory account of moral-agency-amidst-structure-and-culture for use in social ethics, would be of great interest to all those working in the field, both Catholic and Protestant. (shrink)

The Irish national revolution of 1916–23 left behind a partitioned island, with a northern segment that remained part of the United Kingdom and a southern ‘Free State’ – later to become a Republic – that was dominated by conservative forces. Most of those who had been involved in the struggle for national independence peeled off to form new parties in the 1920s, leaving behind a rump of militant Irish republicans. Sinn Féin and its military wing, the Irish Republican Army, would (...) pose the greatest threat to political stability in the two Irish states. Although the Irish left has historically been among the weakest in Western Europe, repeated attempts have been made to fuse republicanism with socialism, from the Republican Congress in the 1930s to the Official Republican Movement of the 1970s and ’80s. At present, Sinn Féin poses the main electoral challenge to the conservative parties in the southern state, while holding office in a devolved administration north of the border. Eoin Ó Broin’sSinn Féin and the Politics of Left Republicanismoffers an assessment of these efforts from a leading Sinn Féin activist who maintains a certain critical distance from his own party’s approach, whileThe Lost Revolutionby Brian Hanley and Scott Millar andINLA: Deadly Divisionsgive comprehensive accounts of two earlier left-republican projects. (shrink)

ALL SCHOLARSHIP OCCURS IN CONTEXT, AND ACADEMIC SILOS—WHERE scholars interact with only a narrow circle of specialists like themselves—too often eclipse the biases of academic disciplines. This essay recommends interdisciplinary work by Christian ethicists, reviews some fruits available from substantive engagement with mainstream economics, and urges graduate programs in Christian ethics to encourage and enable students to do substantive coursework in another discipline to broaden and deepen Christian ethical engagement with contemporary moral problems.