The Thomistic Institute

Catholic Social Teaching: Toward a More Humane Economy | Prof. Andrew Abela

Jan 4, 2023
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INSIGHT

Distributism Highlights Economic Freedom

  • Distributism promotes economic freedom through widespread ownership of productive property.
  • It opposes concentration of wealth and power, encouraging individuals to be self-dependent rather than wage workers.
INSIGHT

Good vs Bad Capitalism

  • Capitalism can mean creating value first or capturing profits first.
  • Catholic teaching supports value-creating capitalism but rejects profit-maximizing capitalism that ignores others.
INSIGHT

Solidarity and Subsidiarity Work Together

  • Solidarity calls us to care for others; subsidiarity demands decisions be made at the lowest effective level.
  • These principles work together to help people help themselves, preserving dignity and contribution.
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