Moral Order of Social Economy

Abstract

The basic objective of economy is a service to man. If economic system is to be fair it has to serve man. On the economic field the dignity of person, family and the common good has to be supported. Further attention should be paid to the circumstances of poverty, people in the periphery of society and underdeveloped groups. It should be noted that all persons have the right to satisfy basic needs regarding life such as food, housing, health, education, work and the living environment. All persons have the right to economic initiative, to fair wage, to reasonable profits. In the paper we point at the meaning and purpose of the economy, bring on the reflection on a market economy from the aspect of Christian ethics and highlight the relevance of brotherhood in the economy, highlighted by Pope Benedict XVI. in his social encyclical.