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Six principles for Catholic social teaching (CST) from Oeconomicae et pecuniariae quaestiones

In my previous post, I examined the introduction to Oeconomicae et pecuniariae quaestiones, the new Vatican document on "economic and financial issues." Now I will examine part one, entitled "Fundamental Considerations." It is a complete rejection of libertarianism (laissez-faire economics) in favor of what I would call "person-centered" economics. This document does not contain any detailed policy proposals (7). Figuring those out is our job, not the Vatican's. Instead, the document expounds key principles that should form the basis of actions. I identify six principles: human dignity, relational anthropology ("communion"), the common good, the universal destination of goods, solidarity & subsidiarity, and proximate immorality.

1) Human dignity
This is the most basic concept. Over and over again, the document insists that the dignity of every human person be respected by all financial actors and institutions. If the dignity of persons is…

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