A comprehensive overview of the contribution of Catholic social thought to business ethics

Can a religion founded on loving one’s neighbor give moral approval to profit-seeking business firms in a global economy? What should characterize the relationship between faith and economic life? What can businesses, employees, and executives do to contribute to the common good and to make their practices and society more ethical?

Business Ethics and Catholic Social Thought provides a new and wide-ranging account of these two ostensibly divergent fields. Focusing on the agency of the business person and the interests of firms, this volume outlines fundamental issues confronting moral leaders and corporations committed to responsible business practices.

The book leads with interviews of three Catholic CEOs and the intellectual history of business ethics in Christianity before examining fundamental moral concerns regarding business: its purpose, autonomy, practical wisdom, and the technocratic paradigm. Contributing authors also consider management science, the motivations of business leaders, the role of luck in personal success, the traditional moral justifications for business, and more. These contributions bring new depth to the application of Catholic social thought to business ethics during a time when economic crisis demands a reevaluation of business and its contribution to society.

What would it take to renew our ability to name our sins in a meaningful and pertinent way? Naming sins is a particularly important task for Catholic moral theology, but it is one that often falls back into a paradigm of simple violations of rules. While laws and commandments are essential, Vatican II’s universal call to holiness and the revival of virtue ethics require moving further. Yet in part because moral theologians today tend to be lay people, not priests, there has been a de-emphasis on the confession of sins. Contemporary questions like poverty, racism, and abortion are usually connected to questions about sin in some way, but they are disconnected from the idea of naming specific sins in the sacrament of penance. Lay moral theologians raise these issues in a way that makes clear their implications for a parish social justice committee (or the voting booth), but not their implications for the naming of sins in the sacrament of reconciliation. Naming Our Sins proposes to re-make that connection: the moral theologian’s task of helping people name individual sins needs to be restored, though in ways distinctive from dominant pre-Vatican II notions. In this volume, editors Jana Bennett and David Cloutier gather some of the best of the current generation of moral theologians in order to reflect on the classic tradition of the vices. It is crucial to the Christian understanding of sin that we recognize (a) we bear at least some responsibilities for injuries, and (b) God wants us to participate in the process of healing and conversion. Neither the sin itself nor the healing simply come from somewhere else; the task of naming sins enlists us as mature, growing disciples. Each chapter takes on a different classical vice, describing the vice, exploring its dimensions in contemporary experience, and moving the reader toward naming specific sins that arise from the vice. The concluding chapters from Catholic priests explore two basic dimensions of the sacrament of penance: liturgical and communal.

Luxury. The word alone conjures up visions of attractive, desirable lifestyle choices, yet luxury also faces criticism as a moral vice harmful to both the self and society. Engaging ideas from business, marketing, and economics, The Vice of Luxury takes on the challenging task of naming how much is too much in today's consumer-oriented society.

David Cloutier’s critique goes to the heart of a fundamental contradiction. Though overconsumption and materialism make us uneasy, they also seem inevitable in advanced economies. Current studies of economic ethics focus on the structural problems of poverty, of international trade, of workers' rights—but rarely, if ever, do such studies speak directly to the excesses of the wealthy, including the middle classes of advanced economies. Cloutier proposes a new approach to economic ethics that focuses attention on our everyday economic choices. He shows why luxury is a problem, explains how to identify what counts as the vice of luxury today, and develops an ethic of consumption that is grounded in Christian moral convictions.