09.07.09
Labor Day
Today we honor the worker. Each of us produces in some way for society, and has corresponding rights and responsibilties. The dignity of the worker is often forgotten…
6. Economic Justice
The economy must serve people, not the other way around. All workers have a right to productive work, to decent and fair wages, and to safe working conditions. They also have a fundamental right to organize and join unions. People have a right to economic initiative and private property, but these rights have limits. No one is allowed to amass excessive wealth when others lack the basic necessities of life.
Catholic teaching opposes collectivist and statist economic approaches. But it also rejects the notion that a free market automatically produces justice. Distributive justice, for example, cannot be achieved by relying entirely on free market forces. Competition and free markets are useful elements of economic systems. However, markets must be kept within limits, because there are many needs and goods that cannot be satisfied by the market system. It is the task of the state and of all society to intervene and ensure that these needs are met.
from Major Themes of Catholic Social Teaching
http://www.osjspm.org/major_themes.aspx
