In an interview with Zenit, I gave a brief overview of Caritas in Veritate:
WASHINGTON, D.C., JULY 7, 2009 (Zenit.org).-
Benedict XVI's new encyclical is not pretending to solve the worldwide
financial crisis, but it points the way for building a solid economy
through Christian virtue, says a business ethicist.
Andrew Abela is a marketing professor and chair of Catholic University of America's department of business and economics. He is currently working on a "catechism" for business leaders, applying principles of Catholic social teaching to questions of business ethics.
In this interview with ZENIT, Abela comments on Benedict XVI's latest encyclical, "Caritas in Veritate," which was released to the public today.
ZENIT: Could you give a "businessman's" summary of this encyclical? What are the main points for business leaders today?
Abela: A main point is that the economy is not a moral-free zone: both honesty and generosity are absolutely required if the market is to work and to serve the common good.
Another point is that there is room for solidarity and generosity within the market, and that these in fact will make the market more effective by strengthening trust.
Lastly, the encyclical points out that the most important aspect of development is spiritual development, and that openness to life "is at the center of true development" (No. 28).
(Read the rest here.)
Andrew Abela is a marketing professor and chair of Catholic University of America's department of business and economics. He is currently working on a "catechism" for business leaders, applying principles of Catholic social teaching to questions of business ethics.
In this interview with ZENIT, Abela comments on Benedict XVI's latest encyclical, "Caritas in Veritate," which was released to the public today.
ZENIT: Could you give a "businessman's" summary of this encyclical? What are the main points for business leaders today?
Abela: A main point is that the economy is not a moral-free zone: both honesty and generosity are absolutely required if the market is to work and to serve the common good.
Another point is that there is room for solidarity and generosity within the market, and that these in fact will make the market more effective by strengthening trust.
Lastly, the encyclical points out that the most important aspect of development is spiritual development, and that openness to life "is at the center of true development" (No. 28).
(Read the rest here.)
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