\u00a0<\/h5>\nGood, Socially Responsible Business<\/span><\/span><\/h1>\n\u00a0<\/h5>\nby Joseph F.X. Zahra<\/span><\/h5>\n\u00a0<\/h5>\n
There is a common line based on ethical decisions that integrates enterprise, economy and wealth with justice and peace in society.
<\/span><\/p>\nIt is frustrating that we need to qualify a certain business or investment as being \u2018socially responsible\u2019. This qualification implies that most of the other business is socially irresponsible. Indeed, anyone following the financial media will conclude that there is much irresponsibility in the way business is conducted.
<\/span><\/p>\n\n![\"Joseph](\"https:\/\/capp-usa.org\/wp-content\/uploads\/2021\/03\/Joseph_F.X._Zahra.jpg\")
<\/p>\n
Joseph F.X. Zahra writes on socially responsible business<\/p>\n<\/div>\n
Scandals in Malta and Europe with a web of connections between politicians and businessmen give enterprise a bad name. But a lot of business conducted in an ethical manner, directed towards a good purpose, never gets to the press. Enterprise is an essential contributor to social and economic progress but this role is usually understated.
<\/span><\/span><\/p>\nComments by Pope Francis on money and wealth have been misinterpreted in certain business quarters as being against capitalism and the free market. But the Pope recently clarified that it is not money that is bad \u2013 in fact, they are neutral \u2013 but the way wealth is abused or misused, when money becomes an end in itself rather than a tool with which communities can flourish.
<\/span><\/p>\nHuman endeavour and enterprise reflect the inventive side of man \u2018in reflection of his Creator\u2019. However, when materialistic goals are pursued with complete disregard of moral values the results are disastrous, with consequences such as poverty, criminality, environmental decay and worse.
<\/span><\/p>\n\nTechnology must not be transformed into a technocracy.<\/span><\/p>\n<\/blockquote>\nEnterprise can seek to be more transparent with stakeholders; it can respect human rights and thrive on human dignity. It has a responsibility to empower employees or those dependent upon it by creating a platform for involvement and participation in decision making and problem solving. It provides work to people, which in turn gives dignity.<\/span><\/p>\nBusiness is the cradle of research, creativity and innovation, and the design and development of new products and services can enhance human experience. An improved quality of life brings people out of misery and poverty. Research has the side effect of improving efficiency, allocating resources better and eliminating waste.<\/span><\/p>\nGlobalisation is a positive movement that gets people together to understand different cultures and it has raised living conditions in many countries. It has also been abused, particularly through the dehumanisation process where workers are considered as commodities that can be traded and exploited.<\/span><\/p>\nIndustry\u2019s use of science and technology is another by which business improves processes and products. But technology must not be transformed into a technocracy whereby it impersonally dictates the fate and destiny of human beings. Techno\u00adlogy has to be under the control of the person and directed by a purpose that is ethically correct and contributes to society.<\/span><\/p>\nDecisions in business need to always take the long-term into consideration. The impact of production and the provision of a service is not only immediate, satisfying today\u2019s needs, but also influences human thinking, attitudes and be\u00adhaviour in the future. Enterprise also has to be sensitised to the effect of its decisions on future generations. Human development \u2013 and by this we understand physiological, intellectual, emotional and spiritual development of the person \u2013 is a process of experience, dialogue and reflection but also of doubt, anxiety, anguish, tension and struggle. There is a common line based on ethical decisions that integrates enterprise, economy and wealth with justice and peace in society.<\/span><\/p>\nIn the Pope\u2019s call in Evangelii Gaudium for Christians to return to the raw, authentic tenets of Christ\u2019s words in the Gospel, he did not mince his words to make this sound simple and superficial. He refers to what can be described as a bipolar tension between different forces \u2013 time is greater than space, unity prevails over conflict, realities are more important than ideas, the whole is greater than the part. He is referring here to a continuum of tension between looking at the big picture and the detail, between struggle and peace, between the fate of real people and ideologies and between globalisation and localisation.<\/span><\/p>\nNot all these can be reconciled in a neat fashion to make them comprehensible. Enterprise, which depends on decision-making by various stakeholders \u2013 shareholders, customers, employees, suppliers, local authorities and communities \u2013 is a restless process that can only be guided by ethical considerations that prioritise the values of humility and openness. There is a stage when we will not need to qualify business as a socially responsible, because it will already be so.<\/span><\/p>\nArticle is from the October 25, 2015, edition of \"Times of Malta.com\"<\/span><\/p>\n <\/p><\/div>\n\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>
\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\tA New Methodology for a New Economy<\/a><\/p>\nCatholic Social Teaching, Democracy, and Free Markets<\/a><\/p>\nWhat is Capitalism?<\/a><\/p>\nCapitalism vs. Socialism<\/a><\/p>\nWas Jesus a Capitalist?<\/a><\/p>\nWhat is a \u201cJust\u201d Distribution of Wealth?<\/a><\/p>\nGratuitousness: Catholic Social Teaching\u2019s Solution for Capitalism<\/a><\/p>\nThe Role of Profit in Business<\/a><\/p><\/div>\n\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\tCatholic Social Teaching and Economics by Domingo Bickel<\/a><\/p>\nThe Gig Economy and Rerum Novarum<\/a><\/p>\nTariffs and the Common Good<\/a><\/p>\nThe Problems of Globalization<\/a><\/p>\nInflation and Catholic Social Teaching<\/a><\/p>\nPope Francis \u2013 An Economic Reformer and Provocateur<\/a><\/p>\nMark Carney, Pope Francis, and the Global Economy<\/a><\/p>\nThe \u2018Health of Nations\u2019 in Light of CST and Pope Francis<\/a><\/p><\/div>\n\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\tMore About Economics<\/a>\n\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\tBack to Articles<\/a>\n\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\t![\"Three](\"https:\/\/capp-usa.org\/wp-content\/uploads\/2021\/02\/Three-Principles.png\")
<\/div>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\tThree Key Principles<\/a><\/h2>Catholic social teaching is built on three foundational principles -\u00a0<\/strong>Human Dignity<\/strong>,\u00a0Solidarity\u00a0<\/strong>and\u00a0Subsidiarity.\u00a0<\/strong>Human Dignity, embodied in a correct understanding of the human person, is the greatest. The others flow from it. Good governments and good economic systems find ways of fostering the three principles.<\/p><\/div>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\t![\"\"](\"https:\/\/capp-usa.org\/wp-content\/uploads\/2021\/02\/Human-Dignity.png\")
<\/div>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\tHuman Dignity<\/a><\/h2>This means a correct understanding of the human person and of each person\u2019s unique value. All Catholic social teaching flows from this: the inherent dignity of every person that comes from being made in God\u2019s image.\u00a0<\/p><\/div>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\t![\"\"](\"https:\/\/capp-usa.org\/wp-content\/uploads\/2021\/02\/Solidarity.png\")
<\/div>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\tSolidarity<\/a><\/h2>Solidarity is not \u201ca feeling of vague compassion or shallow distress at the misfortunes of others. It is a firm and persevering determination to commit oneself to the common good\u201d. (Pope St. John Paul II, 38)<\/a> Love of God and love of neighbor are, in fact, linked and form one, single commandment.<\/p><\/div>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\t![\"\"](\"https:\/\/capp-usa.org\/wp-content\/uploads\/2021\/02\/Subsidiarity.png\")
<\/div>\n\t\t\t\t\t\t
\u00a0<\/h5>\nby Joseph F.X. Zahra<\/span><\/h5>\n\u00a0<\/h5>\n
There is a common line based on ethical decisions that integrates enterprise, economy and wealth with justice and peace in society.
<\/span><\/p>\nIt is frustrating that we need to qualify a certain business or investment as being \u2018socially responsible\u2019. This qualification implies that most of the other business is socially irresponsible. Indeed, anyone following the financial media will conclude that there is much irresponsibility in the way business is conducted.
<\/span><\/p>\n\n<\/p>\n
Joseph F.X. Zahra writes on socially responsible business<\/p>\n<\/div>\n
Scandals in Malta and Europe with a web of connections between politicians and businessmen give enterprise a bad name. But a lot of business conducted in an ethical manner, directed towards a good purpose, never gets to the press. Enterprise is an essential contributor to social and economic progress but this role is usually understated.
<\/span><\/span><\/p>\nComments by Pope Francis on money and wealth have been misinterpreted in certain business quarters as being against capitalism and the free market. But the Pope recently clarified that it is not money that is bad \u2013 in fact, they are neutral \u2013 but the way wealth is abused or misused, when money becomes an end in itself rather than a tool with which communities can flourish.
<\/span><\/p>\nHuman endeavour and enterprise reflect the inventive side of man \u2018in reflection of his Creator\u2019. However, when materialistic goals are pursued with complete disregard of moral values the results are disastrous, with consequences such as poverty, criminality, environmental decay and worse.
<\/span><\/p>\n\nTechnology must not be transformed into a technocracy.<\/span><\/p>\n<\/blockquote>\nEnterprise can seek to be more transparent with stakeholders; it can respect human rights and thrive on human dignity. It has a responsibility to empower employees or those dependent upon it by creating a platform for involvement and participation in decision making and problem solving. It provides work to people, which in turn gives dignity.<\/span><\/p>\nBusiness is the cradle of research, creativity and innovation, and the design and development of new products and services can enhance human experience. An improved quality of life brings people out of misery and poverty. Research has the side effect of improving efficiency, allocating resources better and eliminating waste.<\/span><\/p>\nGlobalisation is a positive movement that gets people together to understand different cultures and it has raised living conditions in many countries. It has also been abused, particularly through the dehumanisation process where workers are considered as commodities that can be traded and exploited.<\/span><\/p>\nIndustry\u2019s use of science and technology is another by which business improves processes and products. But technology must not be transformed into a technocracy whereby it impersonally dictates the fate and destiny of human beings. Techno\u00adlogy has to be under the control of the person and directed by a purpose that is ethically correct and contributes to society.<\/span><\/p>\nDecisions in business need to always take the long-term into consideration. The impact of production and the provision of a service is not only immediate, satisfying today\u2019s needs, but also influences human thinking, attitudes and be\u00adhaviour in the future. Enterprise also has to be sensitised to the effect of its decisions on future generations. Human development \u2013 and by this we understand physiological, intellectual, emotional and spiritual development of the person \u2013 is a process of experience, dialogue and reflection but also of doubt, anxiety, anguish, tension and struggle. There is a common line based on ethical decisions that integrates enterprise, economy and wealth with justice and peace in society.<\/span><\/p>\nIn the Pope\u2019s call in Evangelii Gaudium for Christians to return to the raw, authentic tenets of Christ\u2019s words in the Gospel, he did not mince his words to make this sound simple and superficial. He refers to what can be described as a bipolar tension between different forces \u2013 time is greater than space, unity prevails over conflict, realities are more important than ideas, the whole is greater than the part. He is referring here to a continuum of tension between looking at the big picture and the detail, between struggle and peace, between the fate of real people and ideologies and between globalisation and localisation.<\/span><\/p>\nNot all these can be reconciled in a neat fashion to make them comprehensible. Enterprise, which depends on decision-making by various stakeholders \u2013 shareholders, customers, employees, suppliers, local authorities and communities \u2013 is a restless process that can only be guided by ethical considerations that prioritise the values of humility and openness. There is a stage when we will not need to qualify business as a socially responsible, because it will already be so.<\/span><\/p>\nArticle is from the October 25, 2015, edition of \"Times of Malta.com\"<\/span><\/p>\n <\/p><\/div>\n\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>
\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\tA New Methodology for a New Economy<\/a><\/p>\nCatholic Social Teaching, Democracy, and Free Markets<\/a><\/p>\nWhat is Capitalism?<\/a><\/p>\nCapitalism vs. Socialism<\/a><\/p>\nWas Jesus a Capitalist?<\/a><\/p>\nWhat is a \u201cJust\u201d Distribution of Wealth?<\/a><\/p>\nGratuitousness: Catholic Social Teaching\u2019s Solution for Capitalism<\/a><\/p>\nThe Role of Profit in Business<\/a><\/p><\/div>\n\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\tCatholic Social Teaching and Economics by Domingo Bickel<\/a><\/p>\nThe Gig Economy and Rerum Novarum<\/a><\/p>\nTariffs and the Common Good<\/a><\/p>\nThe Problems of Globalization<\/a><\/p>\nInflation and Catholic Social Teaching<\/a><\/p>\nPope Francis \u2013 An Economic Reformer and Provocateur<\/a><\/p>\nMark Carney, Pope Francis, and the Global Economy<\/a><\/p>\nThe \u2018Health of Nations\u2019 in Light of CST and Pope Francis<\/a><\/p><\/div>\n\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\tMore About Economics<\/a>\n\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\tBack to Articles<\/a>\n\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\tThree Key Principles<\/a><\/h2>Catholic social teaching is built on three foundational principles -\u00a0<\/strong>Human Dignity<\/strong>,\u00a0Solidarity\u00a0<\/strong>and\u00a0Subsidiarity.\u00a0<\/strong>Human Dignity, embodied in a correct understanding of the human person, is the greatest. The others flow from it. Good governments and good economic systems find ways of fostering the three principles.<\/p><\/div>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\tHuman Dignity<\/a><\/h2>This means a correct understanding of the human person and of each person\u2019s unique value. All Catholic social teaching flows from this: the inherent dignity of every person that comes from being made in God\u2019s image.\u00a0<\/p><\/div>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\tSolidarity<\/a><\/h2>Solidarity is not \u201ca feeling of vague compassion or shallow distress at the misfortunes of others. It is a firm and persevering determination to commit oneself to the common good\u201d. (Pope St. John Paul II, 38)<\/a> Love of God and love of neighbor are, in fact, linked and form one, single commandment.<\/p><\/div>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t
\u00a0<\/h5>\n
There is a common line based on ethical decisions that integrates enterprise, economy and wealth with justice and peace in society. It is frustrating that we need to qualify a certain business or investment as being \u2018socially responsible\u2019. This qualification implies that most of the other business is socially irresponsible. Indeed, anyone following the financial media will conclude that there is much irresponsibility in the way business is conducted. Joseph F.X. Zahra writes on socially responsible business<\/p>\n<\/div>\n Scandals in Malta and Europe with a web of connections between politicians and businessmen give enterprise a bad name. But a lot of business conducted in an ethical manner, directed towards a good purpose, never gets to the press. Enterprise is an essential contributor to social and economic progress but this role is usually understated. Comments by Pope Francis on money and wealth have been misinterpreted in certain business quarters as being against capitalism and the free market. But the Pope recently clarified that it is not money that is bad \u2013 in fact, they are neutral \u2013 but the way wealth is abused or misused, when money becomes an end in itself rather than a tool with which communities can flourish. Human endeavour and enterprise reflect the inventive side of man \u2018in reflection of his Creator\u2019. However, when materialistic goals are pursued with complete disregard of moral values the results are disastrous, with consequences such as poverty, criminality, environmental decay and worse. Technology must not be transformed into a technocracy.<\/span><\/p>\n<\/blockquote>\n Enterprise can seek to be more transparent with stakeholders; it can respect human rights and thrive on human dignity. It has a responsibility to empower employees or those dependent upon it by creating a platform for involvement and participation in decision making and problem solving. It provides work to people, which in turn gives dignity.<\/span><\/p>\n Business is the cradle of research, creativity and innovation, and the design and development of new products and services can enhance human experience. An improved quality of life brings people out of misery and poverty. Research has the side effect of improving efficiency, allocating resources better and eliminating waste.<\/span><\/p>\n Globalisation is a positive movement that gets people together to understand different cultures and it has raised living conditions in many countries. It has also been abused, particularly through the dehumanisation process where workers are considered as commodities that can be traded and exploited.<\/span><\/p>\n Industry\u2019s use of science and technology is another by which business improves processes and products. But technology must not be transformed into a technocracy whereby it impersonally dictates the fate and destiny of human beings. Techno\u00adlogy has to be under the control of the person and directed by a purpose that is ethically correct and contributes to society.<\/span><\/p>\n Decisions in business need to always take the long-term into consideration. The impact of production and the provision of a service is not only immediate, satisfying today\u2019s needs, but also influences human thinking, attitudes and be\u00adhaviour in the future. Enterprise also has to be sensitised to the effect of its decisions on future generations. Human development \u2013 and by this we understand physiological, intellectual, emotional and spiritual development of the person \u2013 is a process of experience, dialogue and reflection but also of doubt, anxiety, anguish, tension and struggle. There is a common line based on ethical decisions that integrates enterprise, economy and wealth with justice and peace in society.<\/span><\/p>\n In the Pope\u2019s call in Evangelii Gaudium for Christians to return to the raw, authentic tenets of Christ\u2019s words in the Gospel, he did not mince his words to make this sound simple and superficial. He refers to what can be described as a bipolar tension between different forces \u2013 time is greater than space, unity prevails over conflict, realities are more important than ideas, the whole is greater than the part. He is referring here to a continuum of tension between looking at the big picture and the detail, between struggle and peace, between the fate of real people and ideologies and between globalisation and localisation.<\/span><\/p>\n Not all these can be reconciled in a neat fashion to make them comprehensible. Enterprise, which depends on decision-making by various stakeholders \u2013 shareholders, customers, employees, suppliers, local authorities and communities \u2013 is a restless process that can only be guided by ethical considerations that prioritise the values of humility and openness. There is a stage when we will not need to qualify business as a socially responsible, because it will already be so.<\/span><\/p>\n Article is from the October 25, 2015, edition of \"Times of Malta.com\"<\/span><\/p>\n <\/p><\/div>\n\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div> A New Methodology for a New Economy<\/a><\/p>\n Catholic Social Teaching, Democracy, and Free Markets<\/a><\/p>\n What is Capitalism?<\/a><\/p>\n Capitalism vs. Socialism<\/a><\/p>\n Was Jesus a Capitalist?<\/a><\/p>\n What is a \u201cJust\u201d Distribution of Wealth?<\/a><\/p>\n Gratuitousness: Catholic Social Teaching\u2019s Solution for Capitalism<\/a><\/p>\n The Role of Profit in Business<\/a><\/p><\/div>\n\t\t\t<\/div>\n\t\t\t<\/div> Catholic Social Teaching and Economics by Domingo Bickel<\/a><\/p>\n The Gig Economy and Rerum Novarum<\/a><\/p>\n Tariffs and the Common Good<\/a><\/p>\n The Problems of Globalization<\/a><\/p>\n Inflation and Catholic Social Teaching<\/a><\/p>\n Pope Francis \u2013 An Economic Reformer and Provocateur<\/a><\/p>\n Mark Carney, Pope Francis, and the Global Economy<\/a><\/p>\n The \u2018Health of Nations\u2019 in Light of CST and Pope Francis<\/a><\/p><\/div>\n\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div> Catholic social teaching is built on three foundational principles -\u00a0<\/strong>Human Dignity<\/strong>,\u00a0Solidarity\u00a0<\/strong>and\u00a0Subsidiarity.\u00a0<\/strong>Human Dignity, embodied in a correct understanding of the human person, is the greatest. The others flow from it. Good governments and good economic systems find ways of fostering the three principles.<\/p><\/div>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t This means a correct understanding of the human person and of each person\u2019s unique value. All Catholic social teaching flows from this: the inherent dignity of every person that comes from being made in God\u2019s image.\u00a0<\/p><\/div>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t Solidarity is not \u201ca feeling of vague compassion or shallow distress at the misfortunes of others. It is a firm and persevering determination to commit oneself to the common good\u201d. (Pope St. John Paul II, 38)<\/a> Love of God and love of neighbor are, in fact, linked and form one, single commandment.<\/p><\/div>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t
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<\/div>\n\t\t\t\t\t\tThree Key Principles<\/a><\/h2>
<\/div>\n\t\t\t\t\t\tHuman Dignity<\/a><\/h2>
<\/div>\n\t\t\t\t\t\tSolidarity<\/a><\/h2>
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