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1. Rerum Novarum
a. Founding of United Nations and Universal Declaration of Human Rights
b. Call for cooperation among nations through the creation of a global community,
c. It emphasizes the underdevelopment of peoples
d. Discusses the problems raised by Industrial Revolution
2. Rerum Novarum
a. Context: Rise of Capitalism And Socialism
b. Context: Cuban Missiles Crisis
c. Context: Capitalism and Communism has expanded
d. Context: Rise of Nationalist Governments and the Great Depression
3. Rerum Novarum
a. Principle of Subsidiarity
b. Extremes of Capitalism Individualism and Socialism Collectivism
c. Call for Socialization
d. Reconciliation and authentic dialogue between the communist and capitalist systems
4. Rerum Novarum
a. State intervention to mediate labor-conflicts
b. Post WWII: war of ideologies
c. Role of the church as a teacher and guardian of the poor and oppressed
d. The Magna Carta of the Social Teaching of the Church
5. Rerum Novarum
a. English Title: Christianity and Social Progress
b. English Title: Peace on Earth
c. English Title: On The Conditions Of Labor
d. English Title: Reconstruction of the Social Order
6. Rerum Novarum
a. Pope Francis
b. Pope Leo XIII
c. Pope John XXIII
d. Pope Paul VI
A – Capitalism B – Socialism
7) Economic Liberalism
8) Entrepreneur
9) Proletariat
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TRUE OR FALSE
1. Capital should be prioritized over Labor and that income should be concentrated in
the hands of the capitalist since they have the know-hows of the business and industry.
TRUE/IT CONCURS WITH THE SOCIAL TEACHING OF THE CHURCH
FALSE/IT DEVIATES FROM THE SOCIAL TEACHING OF THE CHURCH
2. Common Good refers to the social conditions that allow people to reach their full
human potential and to realize their human dignity.
TRUE/IT CONCURS WITH THE SOCIAL TEACHING OF THE CHURCH
FALSE/IT DEVIATES FROM THE SOCIAL TEACHING OF THE CHURCH
4. The nature of Authority does not imply that it is vital for the proper functioning of
society.
TRUE/IT CONCURS WITH THE SOCIAL TEACHING OF THE CHURCH
FALSE/IT DEVIATES FROM THE SOCIAL TEACHING OF THE CHURCH
6. Economic dictators are those whose decisions have wide implications in the socio-
economic system which somehow cause imbalances of power.
TRUE/IT CONCURS WITH THE SOCIAL TEACHING OF THE CHURCH
FALSE/IT DEVIATES FROM THE SOCIAL TEACHING OF THE CHURCH
7. Collectivism holds that society as a whole has more meaning or value than separate
individuals that make up the society.
TRUE/IT CONCURS WITH THE SOCIAL TEACHING OF THE CHURCH
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8. Even when it does not improve our condition and status in life, a wage is a just wage,
and moreover, a living wage.
TRUE/IT CONCURS WITH THE SOCIAL TEACHING OF THE CHURCH
FALSEIT DEVIATES FROM THE SOCIAL TEACHING OF THE CHURCH
9. Government authorities should be reminded that their mandate comes from the
people, and they would have to responsibly carry out the common good.
TRUE/IT CONCURS WITH THE SOCIAL TEACHING OF THE CHURCH
FALSE/IT DEVIATES FROM THE SOCIAL TEACHING OF THE CHURCH
11. Common good refers to the sum total of all those conditions of social living whereby
men are enabled more fully.
TRUE/IT CONCURS WITH THE SOCIAL TEACHING OF THE CHURCH
FALSE/IT DEVIATES FROM THE SOCIAL TEACHING OF THE CHURCH
12. Thomistic approach of relational anthropology supported the rights of labor to form
unions and affirmed right to private property and just wage.
TRUE/IT CONCURS WITH THE SOCIAL TEACHING OF THE CHURCH
FALSE/IT DEVIATES FROM THE SOCIAL TEACHING OF THE CHURCH
13. Structured by rights and duties, Society must be founded on the principle that every
human person has freedom and intelligence.
TRUE/IT CONCURS WITH THE SOCIAL TEACHING OF THE CHURCH
FALSE/IT DEVIATES FROM THE SOCIAL TEACHING OF THE CHURCH
14. Socialism causes the gap between rich & poor, the uneven distribution of wealth and
increasing isolation among the people especially the poor.
TRUE/IT CONCURS WITH THE SOCIAL TEACHING OF THE CHURCH
FALSEIT DEVIATES FROM THE SOCIAL TEACHING OF THE CHURCH
15. Competition in the market cannot guarantee high quality products and lower price.
TRUE/IT CONCURS WITH THE SOCIAL TEACHING OF THE CHURCH
FALSEIT DEVIATES FROM THE SOCIAL TEACHING OF THE CHURCH
TRUE OR FALSE
16. The Fresco about Jesus’ ire on the money lenders imparts the message that pursuit
of business is congruent with a good spiritual life.
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17. Luka Facioli’s book on accounting “Summa Arithmetica “ implies that dealing well
with money is a kind of science that can be learned through patience, reason and
hardwork.
18. John Calvin emphasizes in his instructions the Catholic Virtues of self denial, hard
work, patience, honesty and duty.
19. According to John Calvin, being good at business makes one more pleasing at the
sight of God than being an aristocratic warrior or a monk.
20. As suggested by Charles Dickens, everyone should ought to live peacefully in their
homes and run a business.
21. According to Charles Dickens, slavery is inefficient and that more money can be
made by treating the workers legally and humanely.
22. According to Paul Adam Smith, in socialism, each having his/her own assignment,
make it work like an invisible hand.
23. Charles Dickens book, “hard times” is aimed at heartless capitalists who abuse their
workers and exploit children and nature as they are blinded by their capitalist reasoning.
24. According to Karl Marx, capitalism is evil because it is abusive and think that its ok to
employ a child in a factory and for people to starve when the rich end their working
lives.
25. Charles Dickens book, “hard times” imparts the message that money shouldn't only
be made morally but also should be spent morally on truly noble beautiful things that
human needs.
26. Capitalism is good in providing man with life’s little luxuries like the realization from
the incident in 1976 East Germany when there was a massive riot because of
unavailability of coffee.
27. Socialism is also good by virtue of its capability of providing the people with basic
and essential goods manifested from the incident in 1989 at Edeka shop at Hamburg
where the East Germans were astonished by the contents of shops and grocery store.
28. As displayed from the incident in 1989 at Edeka shop at Hamburg where the East
Germans crossed the borders and marvel at the shops and grocery stores there, they
realized that they can no longer be satisfied with just philosophy, athletics, sauerkraut, tv
programs about farming.
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29. Capitalism’s downside consists in their insensitivity and indifference to the suffering
of workers.
30. One of the major flaws of Socialism is that they make a fortune by satisfying what are
not the essential needs of man
31. Socialism imparts the idea that economy is run by markets and the idea that human
persons participating in markets is a rational actors.
32. Karl Marx, in his work “Communist Manifesto,” he implies that the struggle consists
in that capitalists want labor at the lowest possible price and the workers want to be
paid as right as possible.
33. Social Democracy and Marxism & Leninism both strive for utopian socialist goals
though they employ different approaches that accounted for different results.
34. Socialism implies that everyone must get as much as they need and work as much as
they can while Communism implies that all workers should get an equal share in profit
and property.
35. In as much as communism removes the incentive for people to work harder that
results to resentment of those who work hard over those who work less but receive the
same, it is truly great in theory but is disastrous in practice.