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The Jesuits: The Jesuits: From Markets To Marxism; From Property Protection To Social Progressivism

Author

Listed:
  • Chris Fleming

    (Loyola University, New Orleans)

  • David Rigamer

    (Loyola University, New Orleans)

  • Walter Block

    (Joseph A. Butt, S.J. College of Business, Loyola University New Orleans)

Abstract

At the inception of the Jesuit order in the 16th century, they played an important role (along with the Dominicans) in the formation of the School of Salamanca. The economic philosophy undergirding this institution was far more radically free enterprise oriented than even Smith (1776). Yet, in the modern world, the Jesuits are not at all associated with economic freedom. Rather, if there is any philosophy informing their views it is liberation theology, an amalgamation of the non atheistic aspects of Marxism, combined with a more traditional Catholicism. The present paper is an attempt to trace this virtually 180 degree reversal of field and to understand it.

Suggested Citation

  • Chris Fleming & David Rigamer & Walter Block, 2012. "The Jesuits: The Jesuits: From Markets To Marxism; From Property Protection To Social Progressivism," Romanian Economic Business Review, Romanian-American University, vol. 7(2), pages 7-22, June.
    • Handle: RePEc:rau:journl:v:7:y:2012:i:2:p:7-22
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    File URL: http://www.rebe.rau.ro/RePEc/rau/journl/SU12/REBE-SU12-A1.pdf
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    References listed on IDEAS

    as
    1. Raymond de Roover, 1955. "Scholastic Economics: Survival and Lasting Influence from the Sixteenth Century to Adam Smith," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 69(2), pages 161-190.
    2. Jesús Huerta de Soto, 2008. "The Austrian School," Books, Edward Elgar Publishing, number 13047.
    3. Huerta de Soto, Jesus, 1996. "New Light on the Prehistory of the Theory of Banking and the School of Salamanca," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 9(2), pages 59-81.
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