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Author Médaille, John C.

Title The vocation of business : social justice in the marketplace / John C. Medaille.

Publication Info. New York : Continuum, [2007]
©2007

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Location Call No. Status
 University of Saint Joseph: Pope Pius XII Library - Standard Shelving Location  261.85 M488V    Check Shelf
Description xiv, 359 pages ; 24 cm
Bibliography Includes bibliographical references (pages 349-353) and index.
Contents Part I. The historical background -- ch. 1. Justice and economics -- ch. 2. The modern moral dialogue -- ch. 3. Justice in economic history -- ch. 4. The disappearance of justice -- ch. 5. Property, culture, and economics -- Part II. The social encyclicals -- ch. 6. Rerum novarum : a scandalous encyclical? -- ch. 7. Laborem exercens : work as the key to the social question -- ch. 8. Centesimus annus : the uncertain victory -- Part III. Toward an evolved capitalism -- ch. 9. The social teachings and economics : ideas in tension -- ch. 10. Toward an evolved capitalism -- ch. 11. Marginal productivity and the just wage -- ch. 12. The neoconservative response -- ch. 13. Distributivism -- Part IV. The practice of justice in the modern business world -- ch. 14. Taiwan and the "land to the tiller" program -- ch. 15. Development and globalization -- ch. 16. Micro-banking -- ch. 17. The Mondragón Cooperative Corporation -- ch. 18. The just wage and business -- ch. 19. Building an ownership society -- ch. 20. The vocation of business.
Summary "The overriding theme of this book is that the original unity of distributive and corrective justice that prevailed in both economics and moral discourse until the sixteenth and seventeenth centuries was shattered by the rise of an "individualistic" capitalism that relied on corrective justice (justice in exchange) only. An economics that lacks a distributive principle will attain neither equity nor equilibrium and will be inherently unstable and increasingly reliant on government power (Keynesianism) to correct the balances. Catholic social teaching emphasizes equity in the distribution of land, the means of production, and a just wage. Book jacket."--BOOK JACKET.
Subject Social responsibility of business.
Christian sociology -- Catholic Church.
Economics -- Religious aspects -- Catholic Church.
ISBN 9780826428080 hardcover alkaline paper
0826428088 hardcover alkaline paper
9780826428097 paperback alkaline paper
0826428096 paperback alkaline paper
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