Catholicism and Socialism

13 Mar 2019 | 06:00 pm - 09:00 pm
Morgan Stanley hosted the latest CFA event where our distinguished panelists discussed “Catholicism and Socialism.” Both Dr. Samuel Gregg and Fr. Matt Malone agreed that there are many complexities to the Church’s understanding of socialism, and it is important to overcome generalities and stereotypes. Fr. Malone argued that the Church’s response to both capitalism and socialism is a “both and neither” approach. What is most important, he argued, is that society “not make an idol of the state or the market.”

For Dr. Gregg, to get a proper balance between the free market and state intervention, the Church offers helpful principles like subsidiarity and respect for private property. For Gregg, the most important question which precedes all others is whether a society has a proper understanding of the human person (the anthropological question that was so central to the papacy of Saint John Paul the Great). A healthy economy should reflect who human beings really are. Dr. Gregg also pointed out the serious problem of crony capitalism, an issue that has not been addressed in depth by Catholic social teaching.

A special thanks to John Coleman (moderator of the discussion) and The Carnegie Hill Group at Morgan Stanley for providing a beautiful venue for this sold-out event.

 

Panelists

 

Fr. Matt Malone, S.J.
Editor in Chief
America magazine

 

Fr. Matt Malone, S.J., is the Editor in Chief of America magazine and President of America Media. Fr. Malone began his tenure on October 1, 2012. At the time of his appointment, he was the youngest editor in chief in America‘s history. He served for two years as an associate editor, from 2007-2009, when he covered foreign policy and domestic politics. He was the recipient of the 2006 first-place Catholic Press Association award for essay writing.

From 1995-1997, Fr. Malone was special assistant and speechwriter to U.S. Representative Martin T. Meehan (D-MA).

From 1997-2002, he served as the founding deputy director of MassINC, an independent political think tank, and co-publisher of CommonWealth, an award-winning review of politics, ideas and civic life. His writing has appeared in numerous national and international publications and his work and ideas have been featured in The New York TimesThe Boston Globe and The Washington Post, among others. He is the author of Catholiques Sans Etiquette, a book concerning the church and the political, which was published in 2014 by Salvator Press in Paris.

 

Dr. Samuel Gregg
Director of Research
Acton Institute



Dr. Samuel Gregg is director of research at the Acton Institute. He has written and spoken extensively on questions of political economy, economic history, ethics in finance, and natural law theory. He has an MA in political philosophy from the University of Melbourne, and a Doctor of Philosophy degree in moral philosophy and political economy from the University of Oxford.

He is the author of several books, including For God and Profit: How Banking and Finance Can Serve the Common Good (2016), Becoming Europe: Economic Decline, Culture, and How America Can Avoid a European Future(2013), and Profit, Prudence and Virtue: Essays in Ethics, Business and Management (2009), among many others. He publishes in journals such as the Harvard Journal of Law and Public PolicyJournal of Markets & MoralityEconomic AffairsLaw and Investment ManagementJournal des Economistes et des Etudes HumainesForeign Affairs; and Policy. He is a regular writer of opinion pieces which appear in publications such as the Wall Street Journal EuropeFirst ThingsInvestors Business DailyWashington TimesAmerican BankerNational ReviewThe StreamPublic DiscourseAmerican SpectatorEl MercurioAustralian Financial ReviewJerusalem PostLa Nacion; and Business Review Weekly.
In 2001, he was elected a Fellow of the Royal Historical Society, and a Member of the Mont Pelerin Society in 2004. In 2008, he was elected a member of the Philadelphia Society, and a member of the Royal Economic Society.

 

Moderator

 

John Coleman
Morgan Stanley

John A. Coleman, CFA, is a financial advisor with Morgan Stanley in New York. He focuses on serving the needs of ultra-high net worth individuals and families , foundations, endowments and private institutions. John brings over 20 years of experience in capital markets, investment research and portfolio and risk management to his role as advisor. Before joining Morgan, he was a principal at Longbow Capital Partners, an alternative asset management firm, where he worked in senior investment and operational roles. He began his career on the New York Stock Exchange, rising to Managing Director for Bear Stearns. John was awarded an MBA from Columbia Business School, and received an A.B. in economics, cum laude, from Georgetown University. While at Columbia, he served as vice-president of the Columbia Student Investment Management Association (CSIMA). He is a CFA Charterholder and a member of the New York Society of Security Analysts (NYSSA). John is very active philanthropically, serving or having served on the boards of local hospitals, charities, and educational institutions. He lives in New York City with his wife and three daughters.

 

 

 

 

Graciously hosted at
750 7th Avenue
4th Floor Auditorium
New York, NY 10019