Economic inequality: An ethical response

Abstract

This essay will inquire into the nature of economic inequality from the perspectives of Catholic social teaching and that of a theologian living and working in a developing country. My initial comments will discuss inequality within the context of economic globalization and the neo-liberal paradigm that dominates it. After commenting on the way that development is seen within that paradigm, I will show the impact upon the poor that has occurred as a result of neo-liberal economic policies in nations such as India. Following this exposition of what development according to the neo-liberal model looks like, I will offer another perspective on development drawn from the insights of Catholic social teaching. From that perspective, the importance of solidarity and its influence in shaping a more just and humane approach to development will be considered. The essay will conclude with a number of policy proposals that move away from the present and inadequate view of development to one inspired by a concern for solidarity with the least well off in our world.