Matt Salisbury is a writer, designer and entrepreneur living in San Diego, CA.  He's interested in ways the Catholic Church's rich social teaching impacts political questions, society, and culture.

RYAN•ISM

Search
This area does not yet contain any content.

Profit Is For Winners

I got news for ya from the Vatican's Pontifical Council for Justice and Peace:

Turning a profit is a wonderful thing.

"The Church acknowledges the legitimate role of profit as an indicator that a business is functioning well. When a firm makes a profit, it generally means that the factors of production have been properly employed and corresponding human needs have been duly satisfied.  A profitable business, by creating wealth and promoting prosperity, helps individuals excel and realise the common good of a society. Yet creating wealth is not restricted to financial profit alone. The very etymology of the word “wealth” reveals the broader notion of “well-being”: the physical, mental, psychological, moral, and spiritual well-being of others. The economic value of wealth is inextricably linked to this wider notion of well-being."

- Pontifical Council for Justice and Peace, Vocation of the Business Leader: A Reflection.

EmailEmail Article to Friend

Reader Comments (2)

Here in Victoria, we are mobilizing to use this document in a reading group of business people. The work is pretty good and I look forward to more like it.

May 10, 2012 | Unregistered CommenterJQ Tomanek

Thanks, JQ! We've definitely been enjoying the "Vocation of a Business Leader" document. Of course you can't beat the encyclicals for substance, but we think "Vocation of a Business Leader" is a fantastic, actionable synthesis of ideas and easy to follow and refer back to.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>