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Thursday, October 27, 2011

I believe in capitalism. I do not believe in it as a concession, a middle-ground until grace perfects something better. I do not hold my material goods with a closed fist, nor adore them as gods. I believe in the dignity of the human person, first as an individual, and then in larger groups. I will accept some limits on the rights of individuals to buy, sell, and trade goods, ideas, or anything of value, consonant with Christian truth, given by the Catholic Church (whether directly or indirectly). I DO NOT automatically accept appeals to the "common good" in the regulation of markets, because "the government" (or the State) cannot be called to account when its meddling creates the very injustices that we all decry. If the efficiencies of markets lead to the valuing of the wrong things, the Church exists to exhort her children (and everyone else, for that matter) to use our freedom to alter outcomes as she sees fit, guided by the Holy Spirit. It may well be unwise for the human leaders of said Church, absent a specific charism of infallibility in any one case, to pronounce upon matters outside their areas of expertise. Reason, experience, and empirical data all vindicate market capitalism as the most consonant with the dignity, freedom, and responsibility of human persons.

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