Mr. Gene M. Van Son has written a couple of articles for American Thinker. Both are good. This second one, http://www.americanthinker.com/2013/12/business_and_the_gospels.html, is excellent.

He points out how the corporate world is running counter to the principles of good work ethic and good Christian living that used to be the bedrock of Capitalism. He references the Pope and other recent Papal and Catholic writings and emphasis, and points out how it is consistent with traditional Christian and capitalistic thinking.

He mentions Vocation of the Business Leader. The Pontifical Council for Justice and Peace prepared it. They call it a reflection. It seems appropriate for each of us to reflect upon it.

He mentions the book’s Six Practical Principles for Business. A bit stuffy, perhaps, but I think these are good principles and worthy of emulation. Number 6 sums up well: Businesses are just in the allocation of resources to all stakeholders: employees, customers, investors, suppliers, and the community.

Our corporate world has lost sight of the long run and the breadth of stakeholders and focuses only on the short term and the monetary shareholders (stockholders).

Sooner or later, the long-term interests will require their due and our shortsighted endeavors will fail. This lesson seems to me the one we should take from recent Papal statements, not some sort of anti-Capitalistic notion.

Personal responsibility and long-term thinking, inclusive of as much of the relevant stakeholders as we can know. That is how each of us must pursue our industry, no matter what it is, no matter the level.

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