Thursday, August 28, 2014

Clouthier: How Much Is Enough (Income)? | National Catholic Reporter

Clouthier: How Much Is Enough (Income)? | National Catholic Reporter by MSW.  MGB: Third way economists ask these questions all the time (the third way being not capitalist, not Marxist, and attempting to put meet on the bones of Catholic Social Teaching, especially Rerum Novarum.  The answer, by the way, is it depends - mostly on family size - rather then comparison between estimates of the same size that are geographically sensative.  The better question is, how do we get families that amount of income with or without government action - because capitalism can't seem to do it - or the free market (not the same as capitalism).  The other pregnant question is how do you make sure the boss and the janitor have roughly the same standard of living (nice house, good food, decent clothes, working transporation).  THAT is the question no one likes to ask, because it is more Marxist than Third Way - but it is the demand of both justice and mercy.  By the way - that includes the worker in China who is actually making the products.

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