Cathonomics

cover art
 
336 pp., 6.5 x 9.5
Hardcover
ISBN: 9781647121426 (1647121426)


January 2022
Sales Rights: World

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Table of Contents


Cathonomics
How Catholic Tradition Can Create a More Just Economy
Anthony M. Annett
Foreword by Jeffrey D. Sachs

What Catholic social thought can teach thinkers of all faiths and backgrounds about equitable economics

Inequality is skyrocketing. In a world of vast riches, millions of people live in extreme poverty, barely surviving from day to day. All over the world, the wealthy's increasing political power is biasing policy away from the public interest toward their own particular financial interests. At the same time, many countries are facing financial fragility and diminished well-being. On top of it all, a global economy driven by fossil fuels has proven to be a collective act of self-sabotage with the poor on the front lines.

A growing chorus of economists and politicians is demanding a new paradigm to create a global economy for the common good. In Cathonomics, Anthony M. Annett unites insights in economics with those from theology, philosophy, climate science, and psychology, exposing the failures of neoliberalism while offering us 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 to readers of all faiths and backgrounds seeking to create a world economy that is more prosperous, inclusive, and sustainable for all.


Anthony M. Annett is a Gabelli Fellow at Fordham University and a Senior Advisor at the Sustainable Development Solutions Network. He has a PhD in economics from Columbia University and spent two decades at the International Monetary Fund, where he worked as a speechwriter to the managing director. He is also a member of the College of Fellows of the Dominican School of Philosophy in Theology and a knight commander of the Equestrian Order of the Holy Sepulchre of Jerusalem.



Table of Contents
Foreword by Jeffrey D. Sachs

Preface

Abbreviations

1. The Old Stuff: Where It All Comes From

2. The New Stuff: Modern Catholic Social Teaching

3. Who's Right and Who's Wrong: Catholic Social Teaching versus the Dominant Economic Paradigm

4. The Good, the Bad, and the Ugly: Practically Assessing the Global Economy

5. Who Does What? The Roles of Government, Business, and Labor

6. Inequality: The Root of Social Ills

7. Care for Our Common Home

8. Expanding Our Circles: The Global Dimension

Conclusion

Bibliography

About the Author