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MORALITY, ECONOMICS AND THE MARKET IN THE THOUGHT OF BENEDICT XVI
Author(s) -
Gregg Samuel
Publication year - 2005
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.2005.00572.x
Subject(s) - encyclical , successor cardinal , catholic social teaching , capitalism , morality , philosophy , positive economics , economics , sociology , economic history , environmental ethics , law and economics , law , theology , political science , epistemology , politics , mathematical analysis , mathematics
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.