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Cathonomics - How Catholic Tradition Can Create a More Just Economy (Hardcover)
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Cathonomics - How Catholic Tradition Can Create a More Just Economy (Hardcover)
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What Catholic social thought can teach thinkers of all faiths and
backgrounds about equitable economics Inequality is skyrocketing.
In a world of vast riches, millions of people live in extreme
poverty, barely surviving from day to day. All over the world, the
wealthy's increasing political power is biasing policy away from
the public interest toward the financial interests of the rich. At
the same time, many countries are facing financial fragility and
diminished well-being. On top of it all, a global economy driven by
fossil fuels has proven to be a collective act of self-sabotage
with the poor on the front lines. A growing chorus of economists
and politicians is demanding a new paradigm to create a global
economy for the common good. In Cathonomics, Anthony M. Annett
unites insights in economics with those from theology, philosophy,
climate science, and psychology, exposing the failures of
neoliberalism while offering us a new model rooted in the wisdom of
Catholic social teaching and classical ethical traditions. Drawing
from the work of Pope Leo XIII, Pope Francis, Thomas Aquinas, and
Aristotle, Annett applies these teachings to discuss current
economic challenges such as inequality, unemployment and
underemployment, climate change, and the roles of business and
finance. Cathonomics is an ethical and practical guide to readers
of all faiths and backgrounds seeking to create a world economy
that is more prosperous, inclusive, and sustainable for all.
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