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Catholic Social Teaching: Toward a More Humane Economy | Prof. Andrew Abela

The Thomistic Institute

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Is Capitalism Consistent With Catholic Teaching?

If your goal is I want to make as much money as I can, that's not at all consistent with Catholic teaching. St John Paul II says if by capitalism you mean the kind of thing I'm calling entrepreneurial capitalism goes, then yes, absolutely. The other kind I call imperialistic capitalism, because it's just all about domination. Let me go a little deeper into some of the principles of Catholic teaching, particularly around private property.

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