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Catholic Social Teaching and the Market Economy

Catholic Social Teaching and the Market Economy

Theos chaired a debate at the Institute of Economic Affairs tonight to coincide with the launch of a new book, Catholic Social Teaching and the Market Economy.

The new IEA publication examines the extent to which Catholic Social Teaching can be used to justify the free market or alternative forms of political and economic organisation, in areas such as taxation, welfare, foreign aid, labour markets and business. It also critically examines the general case for an interventionist state in the economic sphere, as well as the importance of the development of responsible culture, underpinned by sound education, in a free society.

Speaking at the beginning of the event, Paul Woolley, Director of Theos said: “The book will stimulate a lively and important debate. It challenges the received wisdom and will provoke different reactions. It is an excellent resource for anyone who is seriously about applying their faith to political and economic issues.”

Prof Philip Booth (IEA) and Dr Samuel Greg (Acton Institute) gave opening statements, setting out their perspectives on the issues before Charles Wookey of the Catholic Bishops’ Conference interviewed them. Mr Wookey noted that there was always a temptation to use Catholic Social Teaching to reinforce personal presuppositions but that it was intended to challenge these. Questions were then taken from the floor.

Catholic Social Teaching and the Market Economy is available from Theos for £15.00. To order a copy, click here or telephone the Theos office on 020 7828 7777.

Elizabeth Oldfield

Elizabeth Oldfield

Elizabeth is host of The Sacred podcast. She was Theos’ Director from August 2011 – July 2021. She appears regularly in the media, including BBC One, Sky News, and the World Service, and writing in The Financial Times.

Watch, listen to or read more from Elizabeth Oldfield

Posted 11 August 2011

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