RN33 - "Economic Life" in the Compendium of Social Doctrine Chap 7 part 1 with Deacon Omar Gutierrez podcast

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Episode 33- Regnum Novum: Bringing forth the New Evangelization through Catholic Social Teaching with Omar Gutierrez – We continue the study of the “Compendium of the Social Doctrine of the Church” Chapter 7 – What is “economics” and why does the Church have a role in how it is lived out? Who are the poor? How are we called to live out our Catholic faith in the area of the “economy”?

CHAPTER SEVEN
ECONOMIC LIFE

I. BIBLICAL ASPECTS
a. Man, poverty and riches
b. Wealth exists to be shared

328. Goods, even when legitimately owned, always have a universal destination; any type of improper accumulation is immoral, because it openly contradicts the universal destination assigned to all goods by the Creator. Christian salvation is an integral liberation of man, which means being freed not only from need but also in respect to possessions. “For the love of money is the root of all evils; it is through this craving that some have wandered away from the faith” (1 Tim 6:10). The Fathers of the Church insist more on the need for the conversion and transformation of the consciences of believers than on the need to change the social and political structures of their day. They call on those who work in the economic sphere and who possess goods to consider themselves administrators of the goods that God has entrusted to them.

II. MORALITY AND THE ECONOMY

We live at a very special time. The confluence of many things has brought forth the clear need to be able to articulate the Social Teaching of the Catholic Church in a way that is accessible and applicable. This is not to be an effort where high-minded theories are to be bandied about. Rather, this is a time of opportunity wherein we can apply the Social Doctrine to the concrete so as to bring about a New Kingdom, a Revolution. – Omar G.

Also visit Omar’s “Discerning Hearts” page Catholic Social Teaching 101