primary source of social teaching - bible and scriptures
2. gave birth to capitalism - industrial revolution 3. Was established may 15 1931 - Quadragesimo anno, may 15 1891 - Rerum novarum 4. Principal duty to give what is just - employer 5. 1st ever social teaching established in the modern times - rerum novarum (“of new things”) 6. 7. Subsidiarity is a concept where in social problems should be resolved more local events first 8. Pope Leo XIII gave UST the title “pontifical” 9. Feudalism is the economic/political system before the industrial revolution 10. Socialism condemened capitalism and private property
Two competing ideologies during industrial revolution - capitalism and socialism
Context of Quadragesimo anno
– Is written on the 40th anniversary of rerum novarum as a response to the rise of socialism as an economic system. It introduces the concept of subsidiarity on the “40th year” of rerum novarum – Is written as a response to the great depression
Twofold character of ownership - individualism and collectivism
Themes/topics discussed by rerum novarum
– roles of church as pertains to economics – rights of people – workers – social responsibility
Explain and discuss socialism’s objections against capitalism
Socialists – the capitalists principles of self-direction and social mobility are myths and are only true for the rich and able members of the community – capitalism ignores, tolerates and even perpetuates unjust situations of resource – capitalism endorses the pathology of isolated existence
Explain Quadragisimo anno’s proposal on reconstructing the social construct
– Proposal to the great depression wherein there is a decline in democracy and dictators have rised to power. It introduced a study of changes in modern capitalism and socialism, introduces the concept of subsidiary – social problems should be resolved on more local events first