Must Catholics Oppose the Free Market?

In recent months, an informal debate on economics has been taking place over the Internet among Catholics. The question, simply put, has been whether the free market is or is not in conformity with Catholic principles. Having already weighed in on this matter at considerable length in “Catholic Social Teaching and Economic Law: An Unresolved Tension,” I will limit myself to a few basic points. There are some Catholic conservatives who seem to think they are striking a blow for traditional Catholicism and against liberalism and the Enlightenment by opposing the free market and favoring some alternative — usually the … Continue reading Must Catholics Oppose the Free Market?