February 17, 2011
Social Justice and the “Redistribution of Wealth”
Rev. Robert Sirico of the Acton Institute takes Washington Post columnist Anthony Stevens-Arroyo to task for a piece he wrote about Catholic Social Teaching. Stevens-Arroyo argues that “since the world economy has been so badly distorted by those seeking advantage of one class over the other, Catholic social justice demands a redistribution of wealth.”
Rev. Sirico disagrees:
[Stevens-Arroyo] betrays a strange split in thinking common to those on the religious left, who are quick to denounce the profit motive and commercialism. Yet, they seem to think that the key to happiness is giving people more stuff — by enlisting the coercive power of government. This perverse way of thinking holds that “social justice” demands that we take money from those who have earned it and give it to those who have less of it. That’s not social justice; that’s materialism.
A friend and colleague, Arthur Brooks, a social researcher who is now president of the American Enterprise Institute, has shown that what makes people truly happy is a system that “facilitates earned success among its citizens and does not create disincentives to achieve or squash ambition.” That’s the market economy.
The incredible growth of economies in places like China and India isn’t happening because wealth was being shifted around, but because wealth is being created.
What happens when wealth is “redistributed” is obvious now.
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