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Within the Market Strife: American Catholic Economic Thought from Rerum Novarum to Vatican II (Studies in Ethics and Economics)
 
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Within the Market Strife: American Catholic Economic Thought from Rerum Novarum to Vatican II (Studies in Ethics and Economics) [Paperback]

Kevin E. Schmiesing (Author)
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Book Description

October 17, 2004 Studies in Ethics and Economics
In a period often viewed by historians as one in which Catholics labored in an intellectual ghetto, shut off from mainstream American thought and culture, a number of Catholic intellectuals were thinking seriously about the relationship between Catholicism and its American context. Within the Market Strife examines these views on economic questions in the period 1891-1962, from populism and progressivism to the New Deal and post-World War II conservatism. The book uniquely contributes to the historical understanding of Catholicism _ and of American intellectual history more generally _ by examining the ways in which Catholic views variously mirrored and interacted with broader American (non-Catholic) views. Within the Market Strife combines Catholic and general American historiographies to discern the ways in which American Catholic economic thought was dependent on factors other than their adherence to the authoritative social teaching of their church, unique political loyalties, personal experience, and economic theories. This book is an essay in intellectual history that will prove itself invaluable to scholars interested in Catholic history, economic history, American religious history, and American intellectual history.

Editorial Reviews

Review

Kevin Schmiesing has produced an excellent exposition of American Catholic economic thought. Catholic thinkers demonstrated the moral foundations of private property and an understanding of the market process. (Leonard P. Liggio )

This book stands as the best single overview of American Catholic economic thought, a thorough and sophisticated account of a subject which is routinely misunderstood. (James Hitchcock )

Within the Market Strife is a thoroughly researched, insightful examination of American Catholic thinking on economics in the years before Vatican II. Kevin Schmiesing ably demonstrates that the first half of the twentieth century was an intellectually vibrant time for Catholic thought. Schmiesing brings this spirited and diverse group of thinkers to life in this excellent study. (John F. Quinn )

Carefully argued, and based on extensive research, this book demonstrates convincingly that American Catholic economic thinkers, while sharing the same faith, expressed a notable diversity of views. Schmiesing has made a significant contribution to our knowledge of American Catholicism during a critical period. (Keith Cassidy )

A thorough, well organized, and adeptly written intellectual history of Catholic social thought on economic policy and systems during the first half of the twentieth century…Within the Market Strife is a scholarly achievement that adds greatly to American Catholic scholarship of the twentieth century. Professionals and interested readers of Catholic intellectual history will find this volume a welcome addition to their bookshelves. (Catholic Historical Review )

Schmiesing presents a refreshing examination of American Catholic social though, focusing in new ways upon the history of divergent Catholic economic theories and reform programs that reflected on-going dialogues with diverse American approaches to the economy. He brings into the story line new voices as well as those that are more widely recognized. This well written study should be of great interest not only to historians of American religious life and thought, but also to social theorists, academic economist, especially those in Catholic higher education, and those Christian involved in businesses and industry. (Patrick Carey )

About the Author

Kevin E. Schmiesing is Research Fellow in History at the Acton Institute in Grand Rapids, Michigan.

Product Details

  • Paperback: 184 pages
  • Publisher: Lexington Books (October 17, 2004)
  • Language: English
  • ISBN-10: 0739109634
  • ISBN-13: 978-0739109632
  • Product Dimensions: 8.8 x 5.9 x 0.6 inches
  • Shipping Weight: 12 ounces (View shipping rates and policies)
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Best Sellers Rank: #2,631,703 in Books (See Top 100 in Books)

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3 of 3 people found the following review helpful:
4.0 out of 5 stars A review, March 12, 2006
This review is from: Within the Market Strife: American Catholic Economic Thought from Rerum Novarum to Vatican II (Studies in Ethics and Economics) (Paperback)
During the 2004 election cycle there was much discussion on the Catholic vote and which way it would go. Are Catholics more liberal or more conservative? Where do Catholics stand on economic and social issues? These questions had no real answers to them.

Schmiesing's book provides some insight into these questions by looking to a period when Catholic thought in America started to come into its own. The book proceeds systematically from the period beginning with Rerum Novarum and ending with Vatican II showing the diverse schools of thought between many of the prominent Catholic thinkers of the time. What is immediately noticable is that there rarely was complete consensus about what policies to adopt despite coming from the same theological viewpoints in a time where "theological dissent" was properly defined as heresy.

The book is very approachable to those who do not have a great understanding of economics or theology and expounds on the views held at the time in a manner that is easy to digest and understand for the non-practioner. He goes generation by generation expounding on the views of the principal players on the big discussions of the time. One can understand what could motivate those with the same general moral viewpoints to diverge on issues like right-to-work laws and the living wage.

In a time where it seems all parties are reevalutating what their beliefs are, it is helpful for Catholics to go back and see where we have come from and the development of social and economic thought that has occurred. This book provides an excellent point of reference from which to begin to move towards applying Catholic principles to present-day problems.

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