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Religions's moral compass and a just economic order: Reflections on Pope John Paul II's encyclicalCentesimus Annus

S. Prakash Sethi, Paul Steidlmeier

Journal of Business Ethics · 1993 · Volume 12 · Issue 12

DOI: 10.1007/BF00871710

Abstract

The purpose of Pope John Paul's encyclicalCentesimus Annus(CA) is to propound the foundations of a “just economic order” and to sketch its essential characteristics. As such he essentially provides an orientation or moral compass for the political economy rather than a precise road map. This article first reviews the principal components of CA and then analyzes and evaluates its central contentions on both cultural and economic grounds.

Keywords

Reflection, Economic Growth, Political Economy, Essential Characteristic, Economic Order

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