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.


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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.

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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.

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