By Heinrich Pesch
Written towards the top of worldwide conflict I, this research of economics tackles the difficulty from the point of view of faith and philosophy by way of summarizing the Catholic college of economics, which insists that the welfare of people belongs on the heart of any actual economic system and that different platforms that position both the person or the country on the heart in their schemes usually are not in simple terms fake, yet truly injurious to participants, households, groups, and international locations. huge documentation and citations from major fiscal theorists are supplied.
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Additional resources for Ethics and the National Economy
It long ago accomplished in a proper way, in accord with its own constitution, what the socialists strive to achieve: the abolition of class distinctions. It is in the Church, where the spirit of Christ reigns, that all are embraced with the same love; and there is even special love for the little people and the poor to whom the gospel is preached first of all. Nor is the Christian Church a national church, but a world church and a church of all nations which embraces the entire human race. For the genuine Christian, the foreigner is not some kind of enemy or barbarian.
The German birth rate also decreased considerably in recent times, and here as elsewhere it presaged a general decline. What is the actual ultimate underlying reason for this? None other than the decline of the Christian faith and Christian morality. Bornträger12 noted in the Prussian Veröffentlichungen aus dem Gebiete der Medizinalverwaltung (Publications in the Field of Medical Administration) how it is generally true that genuine religious belief has a definite restraining influence in warding off the vice of contraceptive birth prevention and how, since unquestioning faith is more common among Catholics than among Protestants, in Germany the influence of the Catholic clergy on the people is somewhat greater than that of the Protestant clergy.
Ethics and the national economy they perform irresponsibly, important functions for which they are well situated and therefore ought to do, and where the common good is thereby jeopardized, the State is often compelled to intervene. Needless to say, where there is present an ideological predisposition toward totalitarianism, the pretext can easily become reality. That is one reason why the other two key principles in the papal program for reconstructing the social order are necessary to define and complement the principle of subsidiarity.