Economics Archives - Page 2 of 7 - Catholic Social Thought

A guide to Rerum Novarum part one: the political context and the right to property

Historical context

Upon his election, Pope Leo XIV said that he was inspired to take the name “Leo” by Pope Leo XIII’s work on Catholic social teaching. The newly-elected pope especially mentioned Pope Leo XIII’s encyclical, Rerum novarum. Pope Leo XIV related this to the current need to think about things afresh given the development of artificial intelligence (AI). This series of three blogs explores Rerum novarum. It is a radical and holistic call to orientate our whole lives towards God – including in the political, economic and social sectors. To try to distil it for its proposals, as many do, in the political, economic and social domains alone and to take it outside its religious context leaves it stripped of its essence.

The AI Job “Interview”

In this blog post, first posted on the Centre for Enterprise, Markets and Ethics blog, Neil Jordan discusses the risks of de-humanisation from the use of AI in HR processes

Statement to the 113th Session of the International Labour Conference

At the beginning of his Pontificate, Pope Leo XIV explained that “in our own day, the Church offers to everyone the treasury of her social teaching in response to another industrial revolution and to developments in the field of artificial intelligence that pose new challenges for the defence of human dignity, justice and labour”.

A Jubilee for Entrepreneurs!

I welcome the addition to the calendar of a ‘Jubilee for Entrepreneurs’ by the late Pope Francis. As the Holy Father noted in his encyclical letter on fraternity and social friendship, Fratelli Tutti, “In God’s plan, each individual is called to promote his or her own development, and this includes finding the best economic and technological means of multiplying goods and increasing wealth.”

A jubilee for workers!

As we continue to pray for Pope Francis through the Novemdiales – the period of mourning after the death of a pope – we also celebrate his legacy. Pope Francis was committed to upholding the dignity of workers and, with modifications, the ‘Jubilee for Workers’ and the ‘Jubilee for Entrepreneurs’ are both going ahead at the start of May.

Pope Francis and fraternity

In the coverage of the passing of Pope Francis to eternal life, surprisingly little has been said about an important aspect of Pope Francis’s social teaching – fraternity. This was the theme of his second social encyclical, Fratelli tutti. It is an important theme because it links the pastoral, spiritual, theological and social teaching of the late pope. The title of Fratelli tutti in English is “Brothers All”, and it is subtitled “On Fraternity and Social Friendship”.

Trumps tariffs are no solution to a non-existent problem

I have been giving talks about globalisation to Christian groups for some years. Over those years, it seemed to be a less and less interesting subject. It is disappointing that it has become topical again.

Antiqua et Nova: Note on the relationship between Artificial Intelligence and Human Intelligence – A Summary

This document was published by the Dicastery for the Doctrine of the Faith and Dicastery for Culture and Education on 14^th January 2025. Below is a summary which follows the headings and structure of the original document.

Why does the tax system discriminate against caring in the home?

We have a new government which is just as fiscally constrained as the previous government. One reason it is fiscally constrained is because of the low birthrate. Perhaps we would do better in that respect if we had a tax system which did not discriminate against a parent staying at home (or working limited hours outside the home) whilst caring for the famiy’s children and elderly.

Is it worth offsetting?

I wonder how many of us know what our carbon footprint actually is? The average for those of us in the UK is around 6.0 tonnes of greenhouse gases (GHG) each year (Our World in Data) For comparison, it’s 6.76 tonnes globally and 17.7 tonnes in the US and 9.8 in China.

Your subscription could not be saved. Please try again.

Your subscription has been successful.