Catholic social teaching and the market economy philip booth with contributions from samuel gregg robert kennedy kishore jayabalan michael miller denis obrien. Individual chapters are devoted to the principles of catholic social teaching the catholic thinking about welfare and charity just wage taxation the culture of consumption business and the common good biblical and catholic church positions regarding business entrepreneurs the role of the state in economy economic freedom and other topics. To view the latest revised second edition of catholic social teaching and the market economy click here throughout history but particularly in the last century or so the catholic church has developed a formal body of teaching on economics and political matters. Keywords freedom market economy enterprise capitalism catholic social teaching market economy andrew greenwell corpus christi tx catholic online the social doctrine of the catholic church undeniably puts great emphasis on the free market as a valuable indeed irreplaceable economic and social institution. Nevertheless they also clear that a market approach to economy together with the benefits that it promotes is by and large the better way to achieving the ends of roman catholic social teaching and the more authentic expression of the authoritative sources of roman catholic teaching
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