Capitalism Archives

Seminar advocates return to ‘magisterium of John Paul II’ on free market

Nov 7, 2020

Just as Pope Francis is calling for a rethink of the free market economy, some Catholics are emphasizing capitalism is in keeping with Catholic doctrine, and say they are backed by Pope St. John Paul II.

By John Lavenburg

Argentina’s president tells Christian business leaders to recover ‘best capitalism’

Jul 9, 2020

Closing the XXIII annual meeting of Argentina’s Christian Association of Business Executives (ACDE), the country’s president called for the recovery of the “best capitalism” exemplified by the ACDE’s founder Enrique Shaw, who is being considered for sainthood.

By Inés San Martín

Crystal Cathedral captures the American Catholic story in miniature

Jul 7, 2019

The story of Crystal Cathedral in Orange County, California, is a quintessentially American one, capturing at least three of the defining characteristics of Catholicism in the U.S. over its history.

By John L. Allen Jr.

Catholic teaching on economics about the human person, academic says

Mar 19, 2019

Dr. Mary Hirschfeld is Associate Professor of Economics and Theology in the Department of Humanities at Villanova University. She spoke to Crux about the current debate on socialism and capitalism, and how Catholic social teaching takes a different approach.

By Charles C. Camosy

New book by St. John Paul shows early political, social philosophy

Jan 19, 2019

A new two-volume manuscript on political and social philosophy, authored by St. John Paul II in the 1950s, will dispel views of him as “an intellectual cut off from social concerns” and clarify his lifelong stance on political and ideological issues, said the book’s editor.

By Jonathan Luxmoore

Chaput: Increased government due to collapse of civil society in America

Feb 22, 2018

In a speech at Villanova on Thursday, Archbishop Chaput said the increased role of government is in response to the collapse of civil society.

By Christopher White

Between the markets and mercy: New book looks at the Church and neoliberalism

Nov 16, 2017

In his analysis of neoliberalism, Pope Francis diagnoses our cultural situation as one in which many people devote themselves to the idol of money, choosing mammon over God. He identifies how “the faceless economy” distorts our values, what we give time and energy to, and what we are able to see or not.

By Charles C. Camosy

A supposedly anti-capitalist pope channels his inner entrepreneur

May 28, 2017

In terms of broad public perceptions, Pope Francis is often seen as hostile to Capitalism and no real friend of corporate culture. Yet on Saturday in Genoa, he delivered a reflection on business activity worthy of a graduate-level MBA program, among other things arguing that exploiting workers isn’t just immoral but also economically self-defeating.

By John L. Allen Jr.