A Unit 5: Contents

Business, the Economy and the
‘Universal Destination of Material Goods’

Market place (www.freefoto.com)

5.1               ECONOMIC LIFE: EXPERIENCE AND CONTEXT

5.1.1            Introduction: what Unit 5 is about

5.1.2            Your experience of private business

5.1.3            Historical context: revision of Unit 2 historical outline

5.1.4            Historical context: from Cold War to 2008 financial crisis

5.1.5            Historical context: an argument about knowledge in markets

5.1.6            McCarthy on ‘Modern Economy’, and a lacuna: ‘social capitalism’

5.2            ELEMENTS OF CST ON BUSINESS AND THE ECONOMY

5.2.1            The ‘universal destination of material goods’

5.2.2            Scripture

5.2.3            Applying moral principles in economic life

5.2.4            ‘Private Initiative and Business Initiative’

5.2.5            How does CST assess ‘capitalism’?

5.2.6            The ‘free economy’ and its ‘juridical framework’

5.2.7            Questions for discussion half way through unit

5.3            CST’S CONSTRUCTIVE VISION OF BUSINESS AND THE ECONOMY

5.3.1            CST’s fourth way

5.3.2            But is CST’s vision realistic?

5.3.3            ‘Structures of sin’ in business life

5.3.4            Before and after the financial crisis

5.4            CST ON ECONOMIC LIFE: ASSESSMENT AND ACTION

5.4.1            Critical assessment of CST on business and economics

5.4.2            Action: making the ‘universal destination’ particular

5.4.3            Review and discussion of Unit 5

5.5            COMMENTS ON UNIT 5 – Click here to give reactions

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Go to Unit 6

Back to Module A Outline

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