posted on Nov, 17 2009 @ 03:21 PM
It just makes sense; A person who believes he will be held accountable for all his actions in life by a higher power will be more trustworthy than
someone who believes his ancestors emerged from the primal sludge and believes his life has no purpose or meaning.
The Church has long upheld that economics is a subset of ethics and morality. Economic principals are not an independent field and can only be
properly understood when viewed throught the lense of ethics and morals.
The Church holds that responsibilities attached to the ownership of property, the principles of justice and equity in wages and comercial dealings,
the lawfulness or unlawfulness of charging interest on borrowed moneys (It is unlawful to charge interest on an unproductive,ie non-comercial, loan),
are questions of conscience which find practical application in every day of one's life.
A person who understands the moral and ethical principals involved in economics is most likely to be honest in his business dealings, seeking to give
customers the best possible products and services at a fair price.
One who sees economics as being wholly detatched from morals and ethics will only serve the bottom line, trying to squeese every ounce of profit from
the customer whith no remorse for cutting corners or outright cheating the customer in order to maximize profits.
A society with no moral or ethical compass to guide economic principals will quickly devolve into rampant corruption and economic uncertainty as no
one will be able to trust anyone with their money and rules can change overnight, depending on who can afford to outbribe whom.
No wonder our economy is such a wreck today!