A Theological Critique of Economic Modernity’s Myths

Pope Francis frequently speaks of our irresponsible use of goods, the violence in our hearts, unchecked human activity, and how our current models of growth, of production and consumption are unsustainable. He tells us early in Laudato Si’ that the deterioration of nature goes hand in hand with deterioration of the culture, and that both share a cause: “Both are ultimately due to the same evil: the notion that there are no indisputable truths to guide our lives, and hence human freedom is limitless” (§6). He echoes St. John Paul II, who writes in Centesimus Annus: “Indeed, what is the origin of all the evils to which Rerum Novarum wished to respond, if not a kind of freedom which, in the area of economic and social activity, cuts itself off from the truth about man?” (§4). Similarly, Pope Benedict XVI’s 2008 social encyclical, Caritas in Veritate, is structured around the belief that love must be firmly based on the truth about the human person (§1-10). Each Pontiff is concerned with a misunderstanding of what it means to … Continue reading A Theological Critique of Economic Modernity’s Myths