Catholic social teaching and business ethics: A search for moral foundations

Do the social encyclicals, especially the 100-year old Rerum Novarum,have any relevance to business people and managers in the practice of their profession? To respond to this question, one must attempt to find a link between Catholic social teaching and business ethics. Establishing this relationship is the goal of this paper. It will discuss the notion of the social question, which is addressed in the social encyclicals; present the philosophical and theological foundations of the social teaching; and point to areas where the linkage between the social teaching and business ethics can be established. By reaching deep into the philosophical grounds of the social encyclicals, the analysis attempts to cut through the often muddled diversity of opinions on specific ethical issues which characterize most moral debates.