Proceedings of the 51st International Academic Conference, Vienna

ECONOMICS AND LAW THROUGH THE PERSEPCTIVE OF CATHOLIC TEACHINGS

HENRY AMOROSO, NATHANIEL DVOROZNIAK

Abstract:

Through Catholic social thought, examining justice as a means of an individual’s dignity, freedom, and the act of charity, it is to be considered that the infrastructure of law and economics is to be subject to reformation in purpose to pursue a more just societal order. The practice of these professions, specifically in jurisprudence terms, being the consideration of not what is but an examination of what should be, is considerably interrelated with the pedagogical functions of the catholic church and its history in teachings and functions as a global institution(s). The major principles subscribed to the notions of law and social theory serving as guidance to lawyers, judges, and policy makers is not an amoral practice which renders results regardless of social implications but in fact is a profession which examines the welfare of the state, the fundamental ideas of evil, right, and wrong. These notions transcend into the principled ideas and structures of both government and economic models, more broadly supporting an institution of free market activity which reaffirms man’s personal dignity to engage in a system which inspires responsibility, a wage in coordination with the meaning of justice, private ownership, and more which structures peace, concord and justice. This perspective of catholic thought requires a departure from conventional thinking and a greater adherence to catholic social teaching which regards safeguarding human rights as well as the dignity of an individual as the centerpiece and purpose of law and economics. Law and economics, through the prism of Catholicism, is an erection of societal order designed to advance the welfare of the common good. “Economics and Law Through the Perspective of Catholic Teachings” intends to reposition the individual’s normative perspectives on the ideas of legality and economic arrangements and instead questions models of these practices in a manner which examines the freedom of man and women. By doing so and by introducing perspectives of law and economics in the catholic thought is to question the contemporary secular sectors of these professions. Residing on the proposition that society can benefit from the extension of social catholic teachings, this paper proposes that career professionals in the fields of law and economics be prescribed to a construction of influenced religious teaching that more effectively utilizes his or her position as a means to extend a greater sense of justice for all bound in the fabric of both America and the world.

Keywords: Catholic Social Teaching Economic

DOI: 10.20472/IAC.2019.051.002

PDF: Download