Tony Annett's book Cathonomics explores how Catholic tradition can create a more just economy. The encyclicals published during the papacies of recent decades offer a view of economic activity in relation with the pursuit of the common good.
The rise of neo-liberal attitudes to economic development in recent decades has created a paradigm that threatens the priority of striving for the common good.
John Paul II incorrect as neo-liberal
John Paul II was concerned about some aspects of market ideology.
JPII concern about markets
Profit seeking, self interest and accumulation in the market were concerns of Pope Benedict.
Benedict's concern about profit seeking
Pope Francis identifies a technocratic paradigm that cannibalizes economic and political life.
Pope Francis identifies a technocratic paradigm
From 1978 to 2023, encyclical publications from the Vatican have presented the case for concern about the effect on the common good of the dominant economic policies of our time.
References
Annett, A. M. (2022). Cathonomics: How Catholic Tradition Can Create a More Just Economy. Georgetown University Press.
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