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The Moral Dynamics of Economic Life - An Extension and Critique of Caritas in Veritate (Paperback)
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The Moral Dynamics of Economic Life - An Extension and Critique of Caritas in Veritate (Paperback)
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Caritas in veritate (Charity in Truth) is the ''social'' encyclical
of Pope Benedict XVI, one of many papal encyclicals over the last
120 years that address economic life. This volume, based on
discussions at a symposium co-sponsored by the Institute for
Advanced Catholic Studies and the Pontifical Council for Justice
and Peace, analyzes the situation of the Church and the theological
basis for Benedict's thinking about the person, community, and the
globalized economy. The Moral Dynamics of Economic Life engages
Benedict's analysis of ''relation,'' the characteristics of
contemporary social and economic relationships and the implications
of a relational, Trinitarian God for daily human life. Crucial here
is the Pope's notion of ''reciprocity,'' an economic relationship
characterized by help freely given, but which forms an expectation
that the recipient will ''reciprocate,'' either to the donor or,
often, to someone else. This ''logic of gift,'' Benedict argues,
should influence daily economic life, especially within what he
calls ''hybrid'' firms, which make a profit and invest a share of
that profit in service to needs outside the firm. Similarly,
development - whether of an individual or of a nation - must be
integral, neither simply economic nor personal nor psychological
nor spiritual, but a comprehensive development that engages all
dimensions of a flourishing human life. The essays, written by
social scientists, theologians, policy analysts and others, engage,
extend, and critique Benedict's views on these issues, as well as
his call for deeper dialogue and a morally based transformation of
social and economic structures.
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