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Catholic Economic Theory


Socrates

Which economic system is best?  

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[quote name='God Conquers' date='Nov 12 2004, 10:29 AM']
Man I miss the medieval economy (well... I guess I wasn't there... but still...)

[/quote]
You might not miss the medieval economy so much if you actually were there!

The fact is that during the middle ages, many people were peasants who spent their lives working the fields of the land-owning nobility in exchange for protection and being allowed to live on the land.

True, there was a growing middle class of merchants and skilled tradesmen, but this can be seen as the beginnings of capitalism. But, even in the late middle-ages, many did not live this way. Starvation was a reality for many in Europe in times of poor harvests, and beggars, lepers, and other unfortunates were a common sight on medieval streets. Life for most was brutal and short, and most, even in the nobility, did not make it past their twenties.

Life was tough for most people in those times, even the nobility, who were rugged warriors.

I would agree that Medieval man was spiritually more healthy than us moderns, but most people in modern industrialized societies enjoy material prosperity far beyond the dreams of people in the middle ages.

Distributism does have a few good points, but we must stick to reality, and not become lost in an innacurate, romanticized vision of medieval life.

Edited by Socrates
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Dude Catholic Social thought is no third way.

Ioannes Paulus PP. II
"Sollicitudo rei socialis"

[quote]The Church's social doctrine is not a "third way" between liberal capitalism and Marxist collectivism, nor even a possible alternative to other solutions less radically opposed to one another: rather, it constitutes a category of its own. Nor is it an ideology, but rather the accurate formulation of the results of a careful reflection on the complex realities of human existence, in society and in the international order, in the light of faith and of the Church's tradition. Its main aim is to interpret these realities, determining their conformity with or divergence from the lines of the Gospel teaching on man and his vocation, a vocation which is at once earthly and transcendent; its aim is thus to guide Christian behavior. It therefore belongs to the field, not of ideology, but of theology and particularly of moral theology.

The teaching and spreading of her social doctrine are part of the Church's evangelizing mission. And since it is a doctrine aimed at guiding people's behavior, it consequently gives rise to a "commitment to justice," according to each individual's role, vocation and circumstances.[/quote]

The Social Radical's Theory of distributism is not the official Catholic position

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[quote]But, even in the late middle-ages, many did not live this way. Starvation was a reality for many in Europe in times of poor harvests, and beggars, lepers, and other unfortunates were a common sight on medieval streets. Life for most was brutal and short, and most, even in the nobility, did not make it past their twenties.[/quote]

This is actually a common misconception.

Recent scholars have shown that the average peasant in the high middle ages ate approximately A POUND of meat per day. I don't eat a pound of meat every day!

Yes, there were periods of shortage seasonally, but these corresponded to the various lents.

Also, if you made it past childhood, chances are you would live into your 40s and 50s and even longer. The low average mortality is due almost exclusively to infant death.

Even the burgeoning city and trading economies were not quite burgeoning capitalism, the laws and rules of trade and purchase at the time made them vastly different and fairer than our capitalism.

Remember USury was a sin. (well, still is, but we don't enforce it)

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I tend to prefer Distributism but I would not necessarly say that Capitalism is wrong. I think Capitalism which has no basic moral or "Christian" background is dangerous.

I wonder if a mix of Distributism and Capitalism would be the perfect ideology - Captriputism....LOL

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Theotokos, distributism, I believe, allows it self to be overtaken by the Church and Her teachings, I believe this is the point. See, the phrase "a third alternative" is meant to be a catch, a hook, and even an evangeliazation. Distributism is meant to pull non-catholics to Catholicism. Belloc, Chesterton, etc., all Catholics (the ones who started and pushed it) designed it to function as such.

Ironically, your quote proves just that.

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Don John of Austria

Fuedal monarchy with an agricultural base. Socrates I wish I had time to debate you on Medieval society but in many ways a medieval peasent had more security than a modern "citizen" God Counquers appears to be handling the issue so I will leave it in his capable hands-- if given only your above choices well then distributism.

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CatholicCrusader

[quote name='Don John of Austria' date='Nov 14 2004, 11:50 PM'] Fuedal monarchy with an agricultural base. Socrates I wish I had time to debate you on Medieval society but in many ways a medieval peasent had more security than a modern "citizen" God Counquers appears to be handling the issue so I will leave it in his capable hands-- if given only your above choices well then distributism. [/quote]
Amen

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[quote name='Don John of Austria' date='Nov 14 2004, 10:50 PM'] Fuedal monarchy with an agricultural base.  Socrates I wish I had time to  debate you on Medieval society but in many ways a medieval peasent had more security than a modern "citizen" God Counquers appears to be handling  the issue so I will leave it in his capable hands-- if given only your above choices well then distributism. [/quote]
It's a simple misinfoprmation problem I believe....

I agree with your assessment of the best economic system, but I think distributism better reflects the realities today (could possibly have a chance of happening).

Come some sort of massive disaster or nuclear holocaust I'd likely suggest an agrarian feudal monarchy.

In fact, I would go so far as saying that this system would develop naturally, as it is the most natural.

Edit: Good to see you around Don John! I trust the turks are being well routed.

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A "feudal monarchy with an agricultural base" is more a social/political system than an economic system.

And I would most definitely not wish to live in such a system. This was the the system in the early middle ages (or "dark ages") in the period of economic devestation following the collapse of the Roman Empire (if you're referring to something before the growth of trade and the "distributivist" economy of the later middle ages).

I do not honestly see how anyone would consider this superior living conditions to either a "distibutist" or "capitalist" system! (Of course everyone wants to be a king or a lord - nobody wants to be a serf!)

I'd like to see some hard facts (not just assertions) from a reputed historian that the average person had more more material goods/prosperity in medieval Europe
than in modern America or Western Europe.

I'm not asserting that medieval times were a horrible hell for everybody, or that the modern system does not have its problems, I'm just saying some historical realism is needed in this debate.

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[quote name='yiannii' date='Nov 14 2004, 10:21 AM'] I tend to prefer Distributism but I would not necessarly say that Capitalism is wrong. I think Capitalism which has no basic moral or "Christian" background is dangerous.

I wonder if a mix of Distributism and Capitalism would be the perfect ideology - Captriputism....LOL [/quote]
A problem with the whole debate is that "capitalism" and "distributism," etc. are such vague words. Different people can use them to mean different things.

No economic system can by itself create a moral order in society. A society with any econmic system must choose morality in order to be a good society.

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[quote name='Aluigi' date='Nov 16 2004, 10:34 AM'] i want to be a serf...

a couple months ago i wanted to be king

but whatever, i wanna be a serf now... [/quote]
:lol:

Serf's up!


"'Elp! 'Elp! I'm being repressed! Come see the violence inherit in the system!"

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Hello all. I voted for distributism simply because it was the best of the three, but feudalism under a Catholic kingship is the ideal. In fact, Don John of Austria has essentially already named this system in similar words earlier in the thread. In any event, I went to the distributism website just to see what it was about, and I was glad to see it was a Catholic site. Also, for anyone who is ignorant of the actual conditions of the Middle Ages, please read their Wage Slave test. Here it is:

Place a check by each of the following if you currently are or if you are able to fulfill the question below:

1. Can you be the sole or principal owner in the business in which you work?

2. Can you own your own home, without burden of usurious debt?

3. Can you have daily leisure to spend time with your family?

4. Can you be the sole 'breadwinner' of the family, so that your wife is able to devote all of her love, talents and energy into your & her home and hearth? (if you are a woman, answer for your husband)

5. Are you able to school your own children?

6. Are you able to afford basic necessities for civilized living, such as [b]good musical instruments[/b] for your children? (emphasis added)

7. Can you schedule out most of the activities of the day, or are they directed for you, either by bosses or clients?




Now, if you were not able to answer Yes to all of the above questions, you are a wage slave. Further, you have less freedom than the so-called peasants of the Middle Ages, who were able to provide all of these for themselves and their families.


I like the test, and I think it is important to recognize how much worse off things are in capitalism, especially number 7. It is the same as socialism in this regard: the individual becomes a machine whose only goal is production. Further, he is not able to schedule his own life, as number 7 indicates. Feudalism is ideal, but distributism is close. It wins out of the three choices.

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i took that test as if i were my father (i do not work yet) he scored 5

anyway, is there another WORD for this other than "distributism"? Microsoft Word is showing a mispelling, and iim usin it in an essay i have to email to my teacher today (so he'll clearly see it underlined red as if its a mispelling)

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