Finn, Daniel K. Christian Economic Ethics: History and Implications. Minneapolis: Fortress Press (Essay Sample)

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Christian Economic Ethics: History and Implications
Daniel K. Finn points out the importance of society in our social lives. He discusses the society in Catholic teachings distinctly and differentiates it from the market and government definitions. According to the Catholic teachings, a society offers moral principles and values that are needed in the modern society which seems to run short of these principles. A society is supposed to empower those within the society by providing kindness and general support to the people. Instead, what we have today is a market society. We should have a market economy instead of a market society. The main difference between a market economy and a market society is that a market economy is whereby all aspects of economic issues are handled. It is particularly helpful when businesses are conducted as it provides a platform where the buyers and sellers engage in their trade. A market society is whereby everything is up for sale. This is particularly dangerous in the sense that relationships and agreements will no longer be honored since they might be up for sale. It creates suspicion and some sense of instability in the society since everyone may be looking behind his or her back just in case of anything.
Take an example of an institution like a university. The main purpose of the university is to instill knowledge and train students how to become better and resourceful members of the society. The university in itself is a society. Many people from different cultural backgrounds all over the world meet there to exchange knowledge and ideas. These people coexist in peace and harmony. However, if this were to be a market society, education would not be of any importance. The school administrators may not even bother about providing proper services for the students but may be more interested in getting their fees for their own personal gain. It is an example of an up-for-grabs situation. In the end run, the students produced may be of substanda...