The Moral Dynamics of Economic Life: An Extension and
ISBN: , SKU: , AUTHOR: Finn, Dong>anong>iel K., PUBLISHER: Oxford University Press, Caritas in veritate (Charity in Truth) is the ''social'' encyclical of Pope Benedict XVI, one of mong>anong>y papal encyclicals over the last 120 years that ong>addressong> economic life. This volume, based on discussions at a symposium co-sponsored by the Institute for Advong>anong>ced Catholic Studies ong>anong>d the Pontifical Council for Justice ong>anong>d Peace, ong>anong>alyzes the situation of the Church ong>anong>d the theological basis for Benedict's thinking about the person, community, ong>anong>d the globalized economy. The Moral Dynamics of Economic Life engages Benedict's ong>anong>alysis of ''relation, '' the characteristics of contemporary social ong>anong>d economic relationships ong>anong>d the implications of a relational, Trinitariong>anong> God for daily humong>anong> life. Crucial here is the Pope's notion of ''reciprocity, '' ong>anong> economic relationship characterized by help freely given, but which forms ong>anong> 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 ong>anong>d invest a share of that profit in service to needs outside the firm. Similarly, development - whether of ong>anong> 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 humong>anong> life. The essays, written by social scientists, theologiong>anong>s, policy ong>anong>alysts ong>anong>d others, engage, extend, ong>anong>d critique Benedict's views on these issues, as well as his call for deeper dialogue ong>anong>d a morally based trong>anong>sformation of social ong>anong>d economic structures.