The second edition of Catholic Social Teaching and the Market Economy is a much expanded and updated version of a previous book, published in 2007, which critically examines the case for state intervention in the economic sphere from a Catholic perspective.
Throughout history, but particularly in the last century or so, the Catholic Church has developed a formal body of teaching on economic and political matters. Other Christian faiths have absorbed much of that work, as have non-Christians, and thus the body of Catholic Social Teaching has often been influential in the public policy arena. This volume, taking account of recent developments in both political economy and Catholic Social Teaching, examines the extent to which that 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, finance and the environment. It also critically examines the general case for an interventionist state in the economic sphere, as well as the importance of the development of a culture of responsibility., underpinned by sound education, in a free society.
The book is relevant to all Christians, and others, who take an ethical approach to the analysis of public policy issues. See Professor Booth discuss the role of markets and Catholicism on ieaTV here.
To view the press release, click here.
Co-published with St Pauls.