Monday, 10 August 2009 08:02
Written by Paolo Loriga
Interview with Stefano Zamagni
The Encyclical and a "Fraternal" Market
by Paolo Lòriga
Published in Città Nuova n.15/2009
Stefano Zamagni, professor of political economy at the University of Bologna, Italy, is a consultant of the Pontifical Council for Justice and Peace, the consulting body that follows the themes addressed by "Caritas in veritate".
Which do you consider as "Caritas in veritate´s" most innovative point?
"A first point is the invitation to overcome the separation between the economic and social spheres. In the last three centuries, modernity has left us a model of society which is based on the economic sphere, on one hand, and the social sphere on the other. The economic sphere has an iron-like logic which does not answer to other opinions, to the point that we say "business is business" – compensations occur in the social sphere. That is to say, the social sphere has to provide everything that the market economy typical of capitalism isn’t capable of producing on the plane of justice and equity. Let’s not forget that the welfare state, the social state, is son of this logic of separation. Eighth century thought, and especially 9th century thought - whether on the liberal or statist side of politics - does not alter that model. Well, Benedict XVI´s encyclical tells us that this is an old way of thinking, because we´ve entered in the post-industrial society and therefore the social element must enter inside the economic one, not at its margin or following it. It’s a notable innovation that can allow the market to go back to being an instrument of civilization, of relationships, and of generative structures."