Cathonomics: How Catholic Tradition Can Create a More Just Economy

Inequality is skyrocketing, and the wealthy's political power is biasing policy away from the public interest. The global economy is driven by fossil fuels and has proven to be a collective act of self-sabotage with the poor on the front lines. Anthony M. Annett's book Cathonomics examines the Biden administration's economic policies and discusses reactions to Cathonomics, offering a new paradigm to create a global economy that seeks the common good. He unites insights in economics with those from theology, philosophy, climate science, and psychology, exposing the failures of neoliberalism and offering a new model rooted in the wisdom of Catholic social teaching and classical ethical traditions.

Format: Hardback
Length: 336 pages
Publication date: 10 March 2022
Publisher: Georgetown University Press

Inequality is a pressing issue in our world today, with millions of people living in extreme poverty while the wealthy's political power biases policy away from the public interest and toward their financial interests. Many countries are also facing financial fragility and diminished well-being, and the global economy, driven by fossil fuels, has proven to be a collective act of self-sabotage with the poor on the front lines. In a new foreword to his book, Anthony M. Annett examines the Biden administration's economic policies and discusses reactions to Cathonomics. Annett unites insights in economics with those from theology, philosophy, climate science, and psychology, exposing the failures of neoliberalism while offering a new model rooted in the wisdom of Catholic social teaching and classical ethical traditions. Drawing from the work of Pope Leo XIII, Pope Francis, Thomas Aquinas, and Aristotle, Annett applies these teachings to discuss current economic challenges, such as inequality, unemployment and underemployment, climate change, and the roles of business and finance. Cathonomics is an ethical and practical guide for readers of all faiths and backgrounds seeking to create a world economy that is more prosperous, inclusive, and sustainable for all.

Weight: 680g
Dimension: 241 x 165 (mm)
ISBN-13: 9781647121426