CSDC 338

Businesses should be characterized by their capacity to serve the common good of society through the production of useful goods and services. In seeking to produce goods and services according to plans aimed at efficiency and at satisfying the interests of the different parties involved, businesses create wealth for all of society, not just for the owners but also for the other subjects involved in their activity. Besides this typically economic function, businesses also perform a social function, creating opportunities for meeting, cooperating and the enhancement of the abilities of the people involved. In a business undertaking, therefore, the economic dimension is the condition for attaining not only economic goals, but also social and moral goals, which are all pursued together. A business' objective must be met in economic terms and according to economic criteria, but the authentic values that bring about the concrete development of the person and society must not be neglected. In this personalistic and community vision, “a business cannot be considered only as a ‘society of capital goods'; it is also a ‘society of persons' in which people participate in different ways and with specific responsibilities, whether they supply the necessary capital for the company's activities or take part in such activities through their labour”.⁷⁰⁷ John Paul II, Encyclical Letter Centesimus Annus, 43: AAS 83AAS — Acta Apostolicae Sedis (official gazette of the Holy See)Volume 83 (1991) at vatican.va — scanned PDF (1991), 847.