Does Capitalism Kill?: Post-Vatican II Papal Perspectives on Development

This essay argues that within the context of increasing global inequality, climate change, and limits to growth, there has been a movement from Paul VI'sand in the succeeding Papal teachings toward a new way of understanding development in an economic model beyond neo-liberal capitalism. For th...

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Bibliographic Details
Main Author: Brazal, Agnes M. (Author)
Format: Electronic Article
Language:English
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Published: Peeters [2019]
In: Louvain studies
Year: 2019, Volume: 42, Issue: 1, Pages: 65-85
Standardized Subjects / Keyword chains:B Catholic church, Pope (1963-1978 : Paul VI.), Verfasserschaft1, Populorum progressio / Pope / Economic development / Capitalism / History 1967-2019
IxTheo Classification:KAJ Church history 1914-; recent history
KCB Papacy
KDB Roman Catholic Church
NCC Social ethics
NCE Business ethics
Online Access: Volltext (doi)
Description
Summary:This essay argues that within the context of increasing global inequality, climate change, and limits to growth, there has been a movement from Paul VI'sand in the succeeding Papal teachings toward a new way of understanding development in an economic model beyond neo-liberal capitalism. For them economic growth and the market economy remain important though the latter must be regulated in order to protect the common good. Pope Francis, however, has gone further than the previous popes in his strong criticism of the capitalist system, his signaling the need to delink development from economic growth, and his appreciation of the role of popular movements in line with's stress on the importance of people's participation.
ISSN:1783-161X
Contains:Enthalten in: Louvain studies
Persistent identifiers:DOI: 10.2143/LS.42.1.3286080