3 Pages Posted: 24 Oct 2005
While not uncritical of aspects of modern capitalism, John Paul II's 1991 social encyclical, Centesimus Annus, directed official Catholic teaching towards more explicit affirmation of the moral potential of free markets, exchange and enterprise. Analysis of the pre-pontifical writings of Pope John Paul's successor, Benedict XVI, suggests that an equally nuanced approach to economics and the market from the most authoritative Catholic teaching authority is likely to continue.
Suggested Citation: Suggested Citation
Gregg, Samuel, Morality, Economics and the Market in the Thought of Benedict XVI. Economic Affairs, Vol. 25, No. 3, pp. 52-54, September 2005. Available at SSRN: https://ssrn.com/abstract=800848
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