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Globalisation and Development in the Encyclical Caritas in Veritate - Globalizzazione e sviluppo nell’enciclica Caritas in Veritate

Author

Listed:
  • Amato, Amedeo

    () (Università di Genova, Dipartimento di Economia e Metodi Quantitativi)

  • Consigliere, Isabella

    () (Università di Genova, Facoltà di Economia, Dipartimento di Economia e Metodi Quantitativi)

Abstract

In this article, after having shown the connections between the present Encyclical and Populorum Progressio, we attempt to point out how the new elements are linked to the phenomenon of globalisation. We shall analyse particularly the problems resulting from the technical forces in play, the global interrelations, the damaging effects on the real economy of badly managed and largely speculative financial dealing, the large-scale migration of peoples, the unregulated exploitation of the earth’s resources. All the arguments considered should be interpreted in the light of the introduction, which points out how the economic system requires ethics in order for it to work properly, recovering the principle of giftedness within a market economy where the exclusive search for profit and individual satisfaction cannot be the ruling principle. - In questo articolo, dopo aver evidenziato i legami tra le encicliche Caritas in Veritate e Populorum Progressio, tentiamo di mostrare come i nuovi elementi della Caritas in Veritate siano strettamente connessi al fenomeno della globalizzazione. Svolgeremo quindi l’analisi delle criticità derivanti dalle nuove forze tecniche in campo, dallo sviluppo incontrollato della finanza, dagli imponenti flussi migratori, dallo sfruttamento sregolato delle risorse della terra. La presente nota è limitata agli aspetti economici tradizionali, ma tutte le argomentazioni dell’enciclica in proposito vanno interpretate alla luce della premessa, esplicitata nell’introduzione all’enciclica stessa, in cui viene posto in rilievo come l’uomo – per realizzarsi pienamente – deve essere capace di affrontare il rapporto con gli altri donandosi in modo vero, nella ricerca della giustizia e del bene comune. L’economia ha quindi bisogno dell’etica per il suo corretto funzionamento, recuperando l’importante contributo del principio di gratuità e della “logica del dono” nell’economia di mercato, dove la regola non può essere il solo profitto.

Suggested Citation

  • Amato, Amedeo & Consigliere, Isabella, 2010. "Globalisation and Development in the Encyclical Caritas in Veritate - Globalizzazione e sviluppo nell’enciclica Caritas in Veritate," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 63(2), pages 143-167.
  • Handle: RePEc:ris:ecoint:0591
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    References listed on IDEAS

    as
    1. Smith, Adam, 1776. "An Inquiry into the Nature and Causes of the Wealth of Nations," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number smith1776.
    2. Ravi Jagannathan & Mudit Kapoor & Ernst Schaumburg, 2009. "Causes of the Great Recession of 2007-9: The Financial Crisis is the Symptom not the Disease!," NBER Working Papers 15404, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Development; Globalisation; Ethics;

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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