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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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Just Contracts and Catholic Social Teaching

Just Contracts and Catholic Social Teaching

A Perspective from Anglo-American Law

(p.117) 5 Just Contracts and Catholic Social Teaching
The True Wealth of Nations

Vincent D. Rougeau

Oxford University Press

This chapter presents a brief legal history of contract law in the United States and identifies multiple ways in which it includes a bias toward market decisions and often excludes fundamental concerns of justice. The chapter is organized as follows. Section 1 describes the three major understandings of justice in the Catholic intellectual tradition. Section 2 relates those areas to a particular aspect of Anglo-American contract law and policy. Section 3 evaluates how the law addresses justice concerns and assesses its strengths and limitations in light of Catholic conceptions of justice. Finally, Section 4 offers some suggestions about the future direction of contract law and its potential for being a force for economic justice in society.

Keywords:   Catholic social thought, justice, contract law, economic justice, legal history

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