CSDC 330

The Church's social doctrine insists on the moral connotations of the economy. Pope Pius XI, in a passage from the Encyclical Quadragesimo Anno, speaks of the relationship between the economy and morality. “Even though economics and moral science employs each its own principles in its own sphere, it is, nevertheless, an error to say that the economic and moral orders are so distinct from and alien to each other that the former depends in no way on the latter. Certainly the laws of economics, as they are termed, being based on the very nature of material things and on the capacities of the human body and mind, determine the limits of what productive human effort cannot, and of what it can attain in the economic field and by what means. Yet it is reason itself that clearly shows, on the basis of the individual and social nature of things and of men, the purpose which God ordained for all economic life. But it is only the moral law which, just as it commands us to seek our supreme and last end in the whole scheme of our activity, so likewise commands us to seek directly in each kind of activity those purposes which we know that nature, or rather God the Author of nature, established for that kind of action, and in orderly relationship to subordinate such immediate purposes to our supreme and last end”. Pius XI, Encyclical Letter Quadragesimo Anno: AAS — Acta Apostolicae Sedis (official gazette of the Holy See)Volume 23 (1931) at vatican.va — scanned PDF (1931), 190-191.

Read the full chapter CHAPTER SEVENEconomic Life ¶323–376