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Catholics for Capitalism or Distributism?

Which economic system is more compatible with Catholicism? An excellent piece in Dappled Things which offers arguments for and against both capitalism and distributism being more compatible with Catholicism:

“It’s the economy, stupid.”

It is a phrase most people associate with Clinton and capitalism, but I find it equally worthy of Marx: all human realities are ultimately reducible to economic ones. It is also a cliché, by the way, and one so popular that it has spawned counter-clichés of its own. One of my favorites goes “It’s the culture, stupid,” which perhaps is not surprising given my involvement in this literary journal. Man—the lover, the poet, the builder, the philosopher, the worshiper, even the murderer—is a far larger and more mysterious reality than homo economicus. Yet for all that, it would be vain to deny, especially after the financial disasters of the last few years, that the economy (like other realities) has a powerful influence over the manner in which human beings live their lives, organize societies, and develop cultures. Hence, for those of us trying to pursue a Catholic vision of the good life, and a society that is compatible with it, economics is not a subject we can afford to ignore.

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aquinasadmirer said...

Link to article is here.

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