Abstract
There are three types of challenges corresponding to the three components of social economics as articulated by William Waters in his 1987 Presidential Address to the Association for Social Economics and as mentioned previously in Chapter One. The three components are: (1) philosophical foundations or premises, (2) a careful description of the economy as it truly is, and (3), economic policy. Waters views the third component as deriving from the first two in a way that bears a personal imprint [Waters, p. 130].
I now wish to propose a “rereading” of Pope Leo’s encyclical by issuing an invitation to “look back” at the text itself in order to discover anew the richness of the fundamental principles which it formulated for dealing with the question of the condition of workers. But this is also an invitation to “look around” at the “new things” which surround us and in which we find ourselves caught up, very different from the “new things” which characterized the final decade of the last century. Finally, it is an invitation to “look to the future” at a time when we can already glimpse the third millennium of the Christian era, so filled with uncertainties and promises which appeal to our imagination and creativity and which reawaken our responsibility as disciples of the “one teacher” (cf. Mt. 23:8) to show the way, to proclaim the truth and to communicate the life which is Christ (cf. Jn. 14:6).
Centesimus Annus, introduction.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Becker, Joseph M. “Looking Back From the Last Turn in the Road,” Forum for Social Economics, Spring 1991.
Becker, Joseph M. The Re-Formed Jesuits, Volume I: A History of Changes in Jesuit Formation During the Decade 1965–1975, San Francisco: Ignatius Press, 1992.
John Paul II. Centesimus Annus in Origins, CNS Documentary Service,Volume 21, Number 1, May 16, 1991.
Mulcahy, Richard E. The Economics of Heinrich Pesch, New York: Henry Holt and Company, 1952.
Waters, William R. “Social Economics: A Solidarist Perspective,” Review of Social Economy, October 1988.
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 1998 Springer Science+Business Media New York
About this chapter
Cite this chapter
O’Boyle, E.J. (1998). Challenges Ahead. In: Personalist Economics. Springer, Boston, MA. https://doi.org/10.1007/978-1-4757-6167-2_14
Download citation
DOI: https://doi.org/10.1007/978-1-4757-6167-2_14
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4419-5036-9
Online ISBN: 978-1-4757-6167-2
eBook Packages: Springer Book Archive