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‘Growing the Pie’ in a Catholic Social Thought Perspective

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Rethinking Economics Starting from the Commons

Part of the book series: Contributions to Economics ((CE))

Abstract

This chapter aims at analyzing Edmans’ perspective on the role that public corporations should have in generating value for the society, presented in his book Grow the Pie: How Great Companies Deliver Both Purpose and Profit (Edmans, Grow the pie: how great companies deliver both purpose and profit. Cambridge University Press, Cambridge, 2020). After summarizing his view, we provide a critical assessment through the lens of the Catholic Social Thought (CST), and one of its novel applications, i.e., Economy of Francesco (EoF) economic approach, proposing a novel way to reconcile the author’s view with CST’s approach.

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Notes

  1. 1.

    This terms usually refers to that corpus of encyclical letters, pastoral letters, conciliar and other official documents with a social focus.

  2. 2.

    As Economy of Francesco economic approach gets its origin from the encyclical letter Laudato Sì (Francis 2015), it has a clear derivation from CST, but the latter cannot be seen only through the lens of the former, as many documents cooperated in the formation of CST.

  3. 3.

    “We were created with a vocation to work” (Laudato Sì, #128).

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Correspondence to Andrea Roncella .

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Ballarta, K., Calef, A., Roncella, A. (2023). ‘Growing the Pie’ in a Catholic Social Thought Perspective. In: Rotondi, V., Santori, P. (eds) Rethinking Economics Starting from the Commons. Contributions to Economics. Springer, Cham. https://doi.org/10.1007/978-3-031-23324-1_8

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