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Campaign 2012: Economy and Empowerment
First Things ^ | October 17, 2012 | George Weigel

Posted on 10/20/2012 2:02:00 PM PDT by SumProVita

A robust economy is not only an economic imperative; it is a moral and cultural imperative. A robust economy makes honorable work possible for all who wish to be responsible for their own lives and the lives of their loved ones. And work, according to Blessed John Paul II in the 1983 encyclical Laborem Exercens, is an expression of our participation in God’s sustaining “creation” of the world.

A robust economy makes possible the empowerment of the underprivileged—the true “preferential option for the poor” in Catholic social doctrine, according to John Paul’s 1991 encyclical Centesimus Annus—even as it helps conserve public resources by making the resort to welfare less necessary.

A robust economy is essential in supporting one telling sign of America’s enduring generosity and idealism: the remarkable philanthropy of the American people. Americans, these days, give some $300 billion a year to charitable organizations, including religious institutions that fund vast networks of education, health care, and social service serving people in real need. There is simply nothing like this anywhere else in the Western world; if you doubt that, go to Europe or Canada, where the tradition of the benign, caretaker state (the contemporary version of the benign, caretaker monarch) has severely eroded charitable instincts—meaning giving.

(Excerpt) Read more at firstthings.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: economy; morality
"The United States faces grave problems because of profligate public spending, however well-intended, by both parties. Those problems—which include the morally reprehensible habit of loading mountains of unpayable debt onto the backs of future generations—cannot be addressed without sustained economic growth that dramatically lowers the unemployment rate. And that reduction is itself a moral imperative, given the toxic effects of unemployment on the self-respect, dignity, and family life of the unemployed."

Worth reading...

1 posted on 10/20/2012 2:02:08 PM PDT by SumProVita
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