Skip to main content
Erschienen in: Journal of Business Ethics 2/2021

21.11.2019 | Original Paper

Adam Smith and Catholic Social Teaching

verfasst von: Nuno Ornelas Martins

Erschienen in: Journal of Business Ethics | Ausgabe 2/2021

Einloggen

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config
loading …

Abstract

The connections between Adam Smith and Catholic Social Teaching (CST) raise several questions. The principle of subsidiarity adopted in CST, according to which higher associations should not replace subordinate organizations on what the latter can do, seems to be in line with the idea that governmental intervention in the market sphere should be restricted to the minimum required, in line with what is typically seen as Smith’s view. But the principle of the common good would also recommend intervention from political authorities in order to ensure that the common good is achieved. Here I shall argue that this question must be addressed taking into account another principle of CST, the principle of solidarity, and also the basic principle of CST, regarding human dignity. To do so, it is necessary to understand how the various principles of CST spring from the notion of imago Dei in CST, which is behind the notion of human dignity. This leads to a relational conception of human beings which can be fruitfully articulated with Smith’s moral philosophy and political economy.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Literatur
Zurück zum Zitat Aspromourgos, T. (2009). The science of wealth. Adam Smith and the framing of political economy. London: Routledge. Aspromourgos, T. (2009). The science of wealth. Adam Smith and the framing of political economy. London: Routledge.
Zurück zum Zitat Augustine of Hippo. (2007). De Trinitate (edited by Arnaldo do Espírito Santo with an Introduction and Notes by José Manuel da Silva Rosa), Prior Velho: Edições Paulinas. Augustine of Hippo. (2007). De Trinitate (edited by Arnaldo do Espírito Santo with an Introduction and Notes by José Manuel da Silva Rosa), Prior Velho: Edições Paulinas.
Zurück zum Zitat Benedict XVI. (2009). Encyclical letter Caritas in Veritate. Città del Vaticano: Libreria Editrice Vaticana. Benedict XVI. (2009). Encyclical letter Caritas in Veritate. Città del Vaticano: Libreria Editrice Vaticana.
Zurück zum Zitat Benestad, J. B. (2011). Church, state, and society: An introduction to Catholic Social Doctrine. Washington, D.C.: Catholic University of America Press. Benestad, J. B. (2011). Church, state, and society: An introduction to Catholic Social Doctrine. Washington, D.C.: Catholic University of America Press.
Zurück zum Zitat Berry, C. J., Paganelli, M. P., & Smith, C. (Eds.). (2013). The Oxford handbook of Adam Smith. Oxford: Oxford University Press. Berry, C. J., Paganelli, M. P., & Smith, C. (Eds.). (2013). The Oxford handbook of Adam Smith. Oxford: Oxford University Press.
Zurück zum Zitat Brady, B. V. (2017). Essential Catholic Social Thought (2nd ed.). Maryknoll NY: Orbis Press. Brady, B. V. (2017). Essential Catholic Social Thought (2nd ed.). Maryknoll NY: Orbis Press.
Zurück zum Zitat Catechism of the Catholic Church (1993). Città del Vaticano: Libreria Editrice Vaticanna. Catechism of the Catholic Church (1993). Città del Vaticano: Libreria Editrice Vaticanna.
Zurück zum Zitat Cohen, A. J. (2014). Veblen Contra Clark and Fisher: Veblen-Robinson-Harcourt lineages in capital controversies and beyond. Cambridge Journal of Economics, 38, 1493–1515.CrossRef Cohen, A. J. (2014). Veblen Contra Clark and Fisher: Veblen-Robinson-Harcourt lineages in capital controversies and beyond. Cambridge Journal of Economics, 38, 1493–1515.CrossRef
Zurück zum Zitat Costa, E., & Ramus, T. (2012). The Italian economia aziendale and Catholic social teaching: How to apply the common good principle at the managerial level. Journal of Business Ethics, 106(1), 103–116.CrossRef Costa, E., & Ramus, T. (2012). The Italian economia aziendale and Catholic social teaching: How to apply the common good principle at the managerial level. Journal of Business Ethics, 106(1), 103–116.CrossRef
Zurück zum Zitat Evensky, J. (2005). Adam Smith’s moral philosophy. A historical and contemporary perspective on markets, law, ethics, and culture. Cambridge: Cambridge University Press. Evensky, J. (2005). Adam Smith’s moral philosophy. A historical and contemporary perspective on markets, law, ethics, and culture. Cambridge: Cambridge University Press.
Zurück zum Zitat Finn, D. K. (2013). Christian economic ethics: History and implications. Minneapolis, MN: Fortress Press.CrossRef Finn, D. K. (2013). Christian economic ethics: History and implications. Minneapolis, MN: Fortress Press.CrossRef
Zurück zum Zitat Fitzgibbons, A. (1995). Adam Smith’s system of liberty, wealth, and virtue. The moral and political foundations of the wealth of nations. Oxford: Clarendon Press. Fitzgibbons, A. (1995). Adam Smith’s system of liberty, wealth, and virtue. The moral and political foundations of the wealth of nations. Oxford: Clarendon Press.
Zurück zum Zitat Francis. (2015). Encyclical Letter Laudato Si. Città del Vaticano: Libreria Editrice Vaticanna. Francis. (2015). Encyclical Letter Laudato Si. Città del Vaticano: Libreria Editrice Vaticanna.
Zurück zum Zitat Guitián, G. (2009). Conciliating work and family: A Catholic social teaching perspective. Journal of Business Ethics, 88, 513–524.CrossRef Guitián, G. (2009). Conciliating work and family: A Catholic social teaching perspective. Journal of Business Ethics, 88, 513–524.CrossRef
Zurück zum Zitat Haakonssen, K. (Ed.). (2006). The Cambridge companion to Adam Smith. Cambridge: Cambridge University Press. Haakonssen, K. (Ed.). (2006). The Cambridge companion to Adam Smith. Cambridge: Cambridge University Press.
Zurück zum Zitat Hanley, R. P. (2009). Adam Smith and the character of virtue. Cambridge: Cambridge University Press.CrossRef Hanley, R. P. (2009). Adam Smith and the character of virtue. Cambridge: Cambridge University Press.CrossRef
Zurück zum Zitat Harcourt, G. C. (1972). Some Cambridge controversies in the theory of capital. Cambridge: Cambridge University Press.CrossRef Harcourt, G. C. (1972). Some Cambridge controversies in the theory of capital. Cambridge: Cambridge University Press.CrossRef
Zurück zum Zitat John Paul II. (1987). Encyclical letter sollicitudo rei socialis. Città del Vaticano: Libreria Editrice Vaticanna. John Paul II. (1987). Encyclical letter sollicitudo rei socialis. Città del Vaticano: Libreria Editrice Vaticanna.
Zurück zum Zitat Kant, I. (1998[1793]). Religion within the Boundaries of Mere Reason (With an Introduction by Robert Merrihew Adams). Cambridge: Cambridge University Press. Kant, I. (1998[1793]). Religion within the Boundaries of Mere Reason (With an Introduction by Robert Merrihew Adams). Cambridge: Cambridge University Press.
Zurück zum Zitat Klein, T. A., & Laczniak, G. R. (2013). Implications of Caritas in Veritate for marketing and business ethics. Journal of Business Ethics, 112(4), 641–651.CrossRef Klein, T. A., & Laczniak, G. R. (2013). Implications of Caritas in Veritate for marketing and business ethics. Journal of Business Ethics, 112(4), 641–651.CrossRef
Zurück zum Zitat Langholm, O. (1992). Economics in the medieval schools. Wealth, exchange, value, money & usury according to the Paris theological tradition, 1200-1350. Leiden: E.J.Brill. Langholm, O. (1992). Economics in the medieval schools. Wealth, exchange, value, money & usury according to the Paris theological tradition, 1200-1350. Leiden: E.J.Brill.
Zurück zum Zitat Martins, N. O. (2009). A Ética Kantiana e o Espírito do Cristianismo. Humanística e Teologia, 30(1), 149–201. Martins, N. O. (2009). A Ética Kantiana e o Espírito do Cristianismo. Humanística e Teologia, 30(1), 149–201.
Zurück zum Zitat Martins, N. O. (2013). The Cambridge revival of political economy. London: Routledge.CrossRef Martins, N. O. (2013). The Cambridge revival of political economy. London: Routledge.CrossRef
Zurück zum Zitat Martins, N. O. (2014). Adam Smith on power and maritime trade. Mediterranean Studies, 22(1), 38–56.CrossRef Martins, N. O. (2014). Adam Smith on power and maritime trade. Mediterranean Studies, 22(1), 38–56.CrossRef
Zurück zum Zitat Martins, N. O. (2018). Justice and the social ontology of the corporation. Journal of Business Ethics, 153(1), 17–28.CrossRef Martins, N. O. (2018). Justice and the social ontology of the corporation. Journal of Business Ethics, 153(1), 17–28.CrossRef
Zurück zum Zitat Marx, K. (1999 [1867]), Capital. Oxford: Oxford University Press. Marx, K. (1999 [1867]), Capital. Oxford: Oxford University Press.
Zurück zum Zitat Paul VI. (1967). Encyclical letter populorum progressio. Città del Vaticano: Libreria Editrice Vaticanna. Paul VI. (1967). Encyclical letter populorum progressio. Città del Vaticano: Libreria Editrice Vaticanna.
Zurück zum Zitat Pontificial Council Justice and Peace. (2004). Compendium of the social doctrine of the church. Città del Vaticano: Libreria Editrice Vaticana. Pontificial Council Justice and Peace. (2004). Compendium of the social doctrine of the church. Città del Vaticano: Libreria Editrice Vaticana.
Zurück zum Zitat Ricardo, D. (1821[1817]). On the principles of political economy and taxation. London: John Murray, Albemarle-Street. Ricardo, D. (1821[1817]). On the principles of political economy and taxation. London: John Murray, Albemarle-Street.
Zurück zum Zitat Ross, I. S. (2010). The life of Adam Smith (2nd ed.). Oxford: Oxford University Press. Ross, I. S. (2010). The life of Adam Smith (2nd ed.). Oxford: Oxford University Press.
Zurück zum Zitat Samuelson, P. A. (1966). A summing up. Quarterly Journal of Economics, 80, 568–583.CrossRef Samuelson, P. A. (1966). A summing up. Quarterly Journal of Economics, 80, 568–583.CrossRef
Zurück zum Zitat Sandelands, L. (2009). The business of business is the human person. Lessons from the Catholic social tradition. Journal of Business Ethics, 85, 93–101.CrossRef Sandelands, L. (2009). The business of business is the human person. Lessons from the Catholic social tradition. Journal of Business Ethics, 85, 93–101.CrossRef
Zurück zum Zitat Santos, N. J. C., & Laczniak, G. R. (2009). ‘Just’ markets from the perspective of Catholic social teaching. Journal of Business Ethics, 89, 29–38.CrossRef Santos, N. J. C., & Laczniak, G. R. (2009). ‘Just’ markets from the perspective of Catholic social teaching. Journal of Business Ethics, 89, 29–38.CrossRef
Zurück zum Zitat Schlag, M. (2012). ‘Iustitia Est Amor’: Love as principle of social and economic life? Acta Philosophica, 21(1), 77–98. Schlag, M. (2012). ‘Iustitia Est Amor’: Love as principle of social and economic life? Acta Philosophica, 21(1), 77–98.
Zurück zum Zitat Schlag, M. (Ed.). (2017). Handbook of Catholic Social Teaching. Washington, D.C.: Catholic University of America Press. Schlag, M. (Ed.). (2017). Handbook of Catholic Social Teaching. Washington, D.C.: Catholic University of America Press.
Zurück zum Zitat Sen, A. K. (1987). On ethics and economics. Oxford: Blackwell. Sen, A. K. (1987). On ethics and economics. Oxford: Blackwell.
Zurück zum Zitat Sison, A. J., Ferrero, I., & Guitián, G. (2016). Human dignity and the dignity of work: Insights from Catholic Social Teaching. Business Ethics Quarterly, 26(4), 503–528.CrossRef Sison, A. J., Ferrero, I., & Guitián, G. (2016). Human dignity and the dignity of work: Insights from Catholic Social Teaching. Business Ethics Quarterly, 26(4), 503–528.CrossRef
Zurück zum Zitat Sison, A. J. G., & Fontrodona, J. (2012). The common good of the firm in the Aristotelian-Thomistic tradition. Business Ethics Quarterly, 22(2), 211–246.CrossRef Sison, A. J. G., & Fontrodona, J. (2012). The common good of the firm in the Aristotelian-Thomistic tradition. Business Ethics Quarterly, 22(2), 211–246.CrossRef
Zurück zum Zitat Sison, A. J. G., & Fontrodona, J. (2013). Participating in the common good of the firm. Journal of Business Ethics, 113, 611–625.CrossRef Sison, A. J. G., & Fontrodona, J. (2013). Participating in the common good of the firm. Journal of Business Ethics, 113, 611–625.CrossRef
Zurück zum Zitat Smith, A. (1976[1790]). The theory of moral sentiments. Oxford: Oxford University Press (edited by D. D. Raphael and A. L. Macfie), in the reprint by the Liberty Fund, Indianapolis (1981). Smith, A. (1976[1790]). The theory of moral sentiments. Oxford: Oxford University Press (edited by D. D. Raphael and A. L. Macfie), in the reprint by the Liberty Fund, Indianapolis (1981).
Zurück zum Zitat Smith, A. (1976[1776]). An inquiry into the nature and causes of the wealth of nations. Oxford: Oxford University Press (edited by R.H. Campbell, A.S. Skinner and W.B. Todd), in the reprint by the Liberty Fund, Indianapolis (1981). Smith, A. (1976[1776]). An inquiry into the nature and causes of the wealth of nations. Oxford: Oxford University Press (edited by R.H. Campbell, A.S. Skinner and W.B. Todd), in the reprint by the Liberty Fund, Indianapolis (1981).
Zurück zum Zitat Sraffa, P. (1960). Production of commodities by means of commodities: Prelude to a critique of economic theory. Cambridge: Cambridge University Press. Sraffa, P. (1960). Production of commodities by means of commodities: Prelude to a critique of economic theory. Cambridge: Cambridge University Press.
Zurück zum Zitat Veblen, T. (1908). Professor Clark’s economics. Quarterly Journal of Economics, 22, 147–195.CrossRef Veblen, T. (1908). Professor Clark’s economics. Quarterly Journal of Economics, 22, 147–195.CrossRef
Zurück zum Zitat Wolcott, G. (2018). The rehabilitation of Adam Smith for Catholic Social Teaching. Journal of Business Ethics, 149, 57–82.CrossRef Wolcott, G. (2018). The rehabilitation of Adam Smith for Catholic Social Teaching. Journal of Business Ethics, 149, 57–82.CrossRef
Zurück zum Zitat Wolter, A. B. (2001). John Duns Scotus: Political and economic philosophy. St. Bonaventure, NY: The Franciscan Institute. Wolter, A. B. (2001). John Duns Scotus: Political and economic philosophy. St. Bonaventure, NY: The Franciscan Institute.
Zurück zum Zitat Yuengert, A. (2011). Economics and interdisciplinary exchange in Catholic Social Teaching and “Caritas in Veritate”. Journal of Business Ethics, 100(Supplement 1), 41–54.CrossRef Yuengert, A. (2011). Economics and interdisciplinary exchange in Catholic Social Teaching and “Caritas in Veritate”. Journal of Business Ethics, 100(Supplement 1), 41–54.CrossRef
Metadaten
Titel
Adam Smith and Catholic Social Teaching
verfasst von
Nuno Ornelas Martins
Publikationsdatum
21.11.2019
Verlag
Springer Netherlands
Erschienen in
Journal of Business Ethics / Ausgabe 2/2021
Print ISSN: 0167-4544
Elektronische ISSN: 1573-0697
DOI
https://doi.org/10.1007/s10551-019-04366-7

Weitere Artikel der Ausgabe 2/2021

Journal of Business Ethics 2/2021 Zur Ausgabe

Premium Partner