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The True Wealth of NationsCatholic Social Thought and Economic Life$
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Daniel Finn

Print publication date: 2010

Print ISBN-13: 9780199739813

Published to Oxford Scholarship Online: September 2010

DOI: 10.1093/acprof:oso/9780199739813.001.0001

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What Does Catholic Social Thought Recommend for the Economy?

What Does Catholic Social Thought Recommend for the Economy?

The Economic Common Good as a Path to True Prosperity

(p.13) 1 What Does Catholic Social Thought Recommend for the Economy?
The True Wealth of Nations

Albino Barrera, O.P.

Oxford University Press

It is remarkable that during the long history of Catholic social thought (CST) no one seems to have attempted to list all its recommendations for how economic life should be conducted. Because the True Wealth of Nations project sets out to investigate the claim that implementing Catholic social thought would put us on a path to sustainable prosperity for all, this chapter attempts to set out what it is that Catholic social thought recommends for the economy. It begins with the notion of the economic common good as the way into understanding what CST recommends. It reviews the scriptural foundations for the Catholic view of economic life, and then moves to more concrete identification of those recommendations.

Keywords:   Catholic social thought, economic life, social theory, True Wealth of Nations, sustainable prosperity, common good

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