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“Just” Markets from the Perspective of Catholic Social Teaching

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Abstract

The “justice of markets” is intricately connected to the treatment of the poor and the disadvantaged in market economies. The increased interest of multinational corporations in low-income market segments affords, on one hand, the opportunity for a more inclusive capitalism, and on the other, the threat of greater exploitation of poor and disadvantaged consumers. This article traces the contributions of Catholic Social Teaching and its basic principles toward providing insight into what constitutes “justice” in such “marketing to the impoverished” situations.

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Authors and Affiliations

  1. Marquette University, 1404, W. Wisconsin Ave., Milwaukee, WI, 53233, U.S.A.

    Nicholas J. C. Santos

  2. Department of Marketing, College of Business Administration, Marquette University, P.O. Box 1881, Milwaukee, WI, 53201, U.S.A.

    Gene R. Laczniak

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  1. Nicholas J. C. Santos
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  2. Gene R. Laczniak
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Correspondence to Nicholas J. C. Santos.

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Santos, N.J.C., Laczniak, G.R. “Just” Markets from the Perspective of Catholic Social Teaching. J Bus Ethics 89 (Suppl 1), 29–38 (2009). https://doi.org/10.1007/s10551-008-9908-8

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