Home
/
RELIGION & LIBERTY
/
The true goal for the free market
The true goal for the free market
Apr 4, 2025 1:58 PM

Sometimes we advocates of the free and virtuous society e so wrapped up in defending its technical merits that we neglect to deliberate on the broader, more fundamental reason for promoting a free economy as part of this society. To avoid (or correct) this tendency, we should pause to wipe clean whatever particular lens we have been looking through and ponder what the true goal for the market should be.

That goal should be solidarity. Solidarity includes accepting that we have a social nature and affirming the bonds we share with all other human beings, rightly thought of as our brothers and sisters. Thus, solidarity is a social virtue that bears many fruits and blessings. It creates an environment in which mutual service is encouraged and the social conditions for human rights are respected and nurtured. The ability to recognize and accept the whole range of corresponding duties and obligations that are embedded in our social nature can only occur in an atmosphere enlivened by solidarity. Underscoring the point, solidarity yields the “pay-off” of a healthy society, a thriving economy, care of the needy and marginalized, and structures that protect the family. The natural unity of the human family cannot be fully realized when people suffer the ills of poverty, discrimination, oppression, and social alienation from the munity. In a special way, solidarity encourages striving for relationships that tend toward equality on the local, national, and international levels. All members of the munity must be brought as fully as possible into the circle of productive and creative relationships. The subtle yet profound truth is that the degree to which we achieve solidarity will also be the degree to which we achieve genuine human development on all levels, including the economic.

Thus, we speak well of the market economy not because we embrace a soulless ideology about, or practice an idolatry of, the market. It is instead because of our respect for human liberty and our desire for social structures that affirm the dignity of all. This implies finding an economic system which, while providing outlets for human freedom in the marketplace, can also help alleviate poverty, increase general standards of living, respect private property, and minimize coercion. We seek economic growth, but not for its own sake. Our true goal is genuine human development through solidarity, ponent of which is economic growth. Genuine human development through solidarity implies growth that is aimed at human betterment and the furthering of mon good of all people. Growth must be for the increased welfare of munity and the individual, and not for the isolated improvement of a select few. This means that all must have the opportunity to choose and live in accord with their vocation. All must have access to the physical capital needed to earn a living, whether producing for their own consumption on a farm or producing for exchange in an enterprise where they earn a just wage. Such a system is, nearly by definition, a just economic order. The dignity of the human person leads us to conclude that a society in which we are free (in the sense explained above) is a just social order. The free market economy then is one aspect of this just social order through which we can achieve solidarity.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY
Died: Ferdie Cabiling, Philippines’ ‘Running Pastor’
  Ferdinand Ferdie Cabiling, a bishop at one of the Philippines largest megachurches who ran across the Philippines to raise money for disadvantaged students, died April 1, the day after Easter. He was 58 years old.   Dubbed the Running Pastor, the moniker describes not only Cabilings epic race but how he lived his life and served as an evangelist. For 38...
Comprehensive or Constitutional Politics?
  In a widely-discussed op-ed from 2022, a pair of left-wing law professors argued that it was time to “reclaim America from constitutionalism.” Part of their call to action was an intentional and flagrant defiance of the written law of the Constitution. But it went beyond that. They recognized that constitutionalism entails not merely obedience to a particular document, but a...
Spanish Evangelical Party Makes a Bid for European Union Parliament Seat
  Eye-catching election placards are popping up across the Europe Union. They appear overnight in public squares and in front of train stations, along the Autobahn and the Champs-lyses and many lesser-known rues, strassen, and calles.   With bright colors and bold slogans, each promises to make a difference in the European Parliament, if only passersby will vote for their party in...
Died: Gospel for Asia Founder Athanasius Yohannan
  Athanasius Yohannan, who built one of the worlds largest mission organizations on the idea that Western Christians should support native missionaries but got in trouble for financial irregularities and dishonest fundraising, died on May 8. He was 74 and got hit by a car while walking along the road near his ministry headquarters in Texas.   Born Kadapilaril Punnoose Yohannan and...
A Nobel Polemicist
  It’s not often that a distinguished scholar advises his listeners to be cautious before assigning excessive weight to his words. That, however, is precisely what the economist F. A. Hayek did in his speech at the 1974 Nobel Prize banquet.   “The Nobel Prize,” Hayek informed his audience, “confers on an individual an authority which in economics no man ought to...
A Prayer to Encourage Disheartened Mothers
  A Prayer to Encourage Disheartened Mothers   By Lynette Kittle   “As a mother comforts her child, so will I comfort you; and you will be comforted over Jerusalem” - Isaiah 66:13   Like all moms, mine wasn’t perfect, but she loved God, she loved me, and she did the best she could while working through her own upbringing, marriage, life challenges, and...
Christian Radio Sues Over Disparity in Streaming Costs
  The website for 99.1 JOY FM in St. Louis features a scrolling playlist of its lineup of Christian pop music and a listen now button to tune in to the simulcast broadcast. But visitors may find that after a few hours of streaming artists like Lauren Daigle and Brandon Lake, the site may kick them off.   Because of higher royalty...
Majesty, Mystery, and Malaise in Maestro
  Downbeats are what initiate musical measures; upbeats are what end them. For the conductor and orchestra, the downbeat creates the sense of structure and provides stability, grounding the composition with a rhythmic anchor. The upbeat is what introduces anticipation and motion. Rhythm—the necessary pulse of any piece of music—has as its basis the symbiotic relationship between these, and yet it’s...
Drafting Socrates into the Culture Wars?
  Recently, my husband and our eight-year-old son went to cheer on friends who participated in an Academic Challenge competition. These trivia-style contests involve questions on such subjects as history, geography, science, math, and popular culture. One question that night, however, involved a topic near and dear to my heart: which ancient Greek philosopher died by drinking hemlock? None of the...
Why We Must Remember the Past
  Why We Must Remember the Past   By Jen Ferguson   Remember the former things long past, For I am God, and there is no other; I am God, and there is no one like Me.”Isaiah 46:9   Stories are powerful. This is why we often retell them over and over again — they make us feel good, they cause laughter, they bring...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved