Episode 288: Donald Boland, David Cooney, John Médaille, Garrick Small, and Thomas Storck on Money, Markets and Morals (July 10, 2024)
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Episode 288: Donald Boland, David Cooney, John Médaille, Garrick Small, and Thomas Storck on Money, Markets and Morals (July 10, 2024)
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Description
In this episode of The Open Door, panelists Jim Hanink, Valerie Niemeyer, and Christopher Zehnder discuss Catholic social thought and economics. That means taking a long, hard look at capitalism...
show more- Is Catholic social teaching a dimension of moral theology?
- How should we define capitalism? How can it become a threat to justice?
- What is the origin of the modern corporation? Is there any way to challenge its power?
- Can you compare and contrast for us, say, the Bank of America, on the one hand, and, on the other hand, a publicly owned bank or a credit union? What dangers does the former pose?
- Just what is usury? Why is it wrong? Can you give examples of usurious practices
- What is the distinction between a market wage and a fair wage? Where does a minimum wage guarantee fit in?
- What is the basis of ownership? Do we own our bodies and our lives?
- Should we think of the State as the political community of the highest degree?
- Does the current economic order recognize the family as the first unit of a just society? What would a “family politics” look like?
- In what ways might we practice personal responsibility in today’s profoundly complex economic order? Is personal responsibility compatible with stock ownership?
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