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Bishop Robert Barron is author of 11 books, host of television and radio programs, and the award winning series, Catholicism. He is also the founder of Word on Fire Catholic Ministries and is the Auxiliary Bishop of the Archdiocese of Los Angeles. He was one of the keynote speakers at our Fourteenth Annual Conference of Business & Ethics.
The Catholic Church’s social teachings about capitalism were the topic of Bishop Barron’s keynote address. “Every single pope in the church has affirmed the most central element of the market economy: private property,” he said. “Private property is grounded in the dignity and freedom of the individual. Private property allows the diffusion of power, not concentration in the hands of a few. The Church likes the entrepreneurial spirit.” Yet the popes have noted that because God made the world for everyone, the common good must be uppermost in the minds of capitalist Christians.