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Journal of Business Ethics

, Volume 100, Supplement 1, pp 99–107 | Cite as

The Common Good of Business: Addressing a Challenge Posed by «Caritas in Veritate»

  • Alejo José G. Sison
  • Joan FontrodonaEmail author
Article

Abstract

Caritas in Veritate (CV) poses a challenge to the business community when it asks for “a profoundly new way of understanding business enterprise” (CV 40). The paper proposes the concept of the “common good” as a starting point for the discussion and sketches a definition of the common good of business as the path toward an answer for this challenge. Building on the distinction between the material and the formal parts of the common good, the authors characterize profit as the material part of the common good of business and work as the formal part that expresses the essential significance of business.

Keywords

Aquinas Aristotle Business in society Benedict XVI; Caritas in Veritate Catholic Social Teaching Common good Profit Work 

Abbreviations

CST

Catholic Social Teaching

CV

Benedict XVI, Caritas in Veritate

NE

Aristotle, Nicomachean Ethics

Compendium

Pontifical Council for Justice and Peace, Compendium of the Social Doctrine of the Church

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Copyright information

© Springer Science+Business Media B.V. 2012

Authors and Affiliations

  1. 1.School of PhilosophyUniversity of NavarraPamplonaSpain
  2. 2.Business Ethics DepartmentIESE Business School—University of NavarraBarcelonaSpain

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