Economic Liberalism

A Thin Line We Must Walk

Some recent discussions have reinforced my natural disdain for many features of what is derisively called “The Nanny State”. The underlying philosophy of the nanny state, and of the modern liberals that run it, is that the people must be protected from themselves. Instead of viewing individuals as potentially responsible citizens, they seek to deprive them of their dignity as free and moral beings by imposing restrictions on personal behavior.

But there is such a thing as reasonable regulation for the common good. Catholic social teaching has never been libertarian at its core. It has condemned economic liberalism, the doctrine of the “invisible hand” – that the private pursuit of self-interest on the part of each leads necessarily to benefits and prosperity for all. Unlike the atheist Objectivists, we do not believe that selfishness and consumerism are virtues.

We are therefore, as Catholics and citizens, called upon to find a balance between respect for individual liberty and the common good. I am deeply dissatisfied with both lassiez-faire approaches to social problems (including and especially economic problems) and statist paternalism, because in a way they are two different versions of a bad parent.

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