The aim of this chapter is to reflect and provide a tentative answer to the question posited in the title. The first section provides a brief summary of the origin of that “humanism” typical of Modernity. The second section attempts to demonstrate the intrinsically individualistic and atheistic dimension entailed in this Modernist vision of man. In the third part, which can be considered the nucleus of this chapter, we present an exposition of how, from the basic characteristics of this “humanistic” (...) individualism, a new and revolutionary vision of the economy emerged – a vision now paradigmatic but still fraught with perhaps fatal ambiguities and difficulties. This vision can be seen as an “anthropological inversion” which drove the humanism of the Enlightenment. The last part, and by way of conclusion, provides some suggestions as to how, from a Christian conception of man, it might be possible to advance a more realistic and practical view of the economy. (shrink)

As founder of modern political economics and prominent theorist of the commercial society, Adam Smith’s importance is universally recognized. Little, however, has been done so far to develop Adam Smith’s virtue ethics in the context of modern business, characterized by digitalization. This article aims to rediscover Adam Smith’s virtue of prudence and its relevance for the “e-commercial society”: It presents a framework that considers the central place of prudence in the relationship between a prosperous e-commercial system and societal flourishing. In (...) Smith’s view of the commercial society, prudence enables people to develop habits of character related to industriousness, genuineness, spirit of sacrifice, and self-command, which help in the conduct of a prosperous business activity. This article translates Smith’s virtue of prudence into a language typical of consumers in the current e-commerce scenario, considering their development as persons and the contribution of their activities to the good of society. (shrink)

This article is the editorial introduction to the special issue “Subsidiarity and the Logic of Gift in Business.” It provides a conceptual overview of subsidiarity and the logic of gift in business and society and it introduces the five essays that compose the special issue. This introduction and the five essays open new perspectives on subsidiarity, a principle that enables people, organizations, and society to address different needs at the appropriate level, working to achieve human flourishing, and the common good.

Neo‐Aristotelian virtue ethics applied to work and business theory have received increasing attention due to Alasdair MacIntyre's philosophy. At the same time, this approach has been accused of being inapplicable, a romantic nostalgia for an ideal world far from the reality of today's markets. Moreover, the more this theory evolves, the bigger the gap seems to become, as if good work were at odds with its economic dimension. This paper aims to address this gap by explaining how MacIntyre's neo‐Aristotelianism conceives (...) of the economic dimension of good work. In particular, we claim that it is consistent with MacIntyre's philosophy that said economic dimension of work can be defined in terms of excellence and virtue, particularly in accordance with the virtues of justice and unity of life. However, for these virtues of good work to be practicable, a reconsideration of market practices performed under the logic of giving and receiving is needed. Hence, defining and sustaining an economic dimension of good work in MacIntyre also depend on the possibility of market practices being defined as excellent. (shrink)

This book takes a fresh and interdisciplinary approach to the concept of subsidiarity. While subsidiarity is commonly understood as an organizational principle that assigns competences to the appropriate level within an organization, its application extends beyond politics. This innovative book offers a comprehensive analysis that includes religious and secular perspectives, exploring the relevance of subsidiarity to society, business, law and politics. By bridging the gap between theology, philosophy, political science, law, and history, this volume fills a significant gap in the (...) literature. It reexamines the ideological foundations of subsidiarity within the Catholic social tradition, investigates its practical implications, and questions how it can address the challenges faced by contemporary business environments, particularly issues of social inequity. With a normative and conceptual approach, the book critically reflects on the links between subsidiarity and themes such as responsible business practices, ecological concerns, individual autonomy, and the common good. By exploring the potential of subsidiarity to overcome dichotomies and promote a middle ground between government-based solutions and individual freedom, the volume offers valuable insights and practical solutions. This volume stands out as the first major study dedicated to subsidiarity in society, business, law and politics. Through its multidisciplinary lens, it sheds light on unexplored connections and highlights the role of subsidiarity in fostering ethical and socially responsible behavior. It is an essential resource for researchers, PhD and graduate students, as well as professionals in theology, philosophy, political sciences, law, and history who seek a comprehensive understanding of subsidiarity and its implications for contemporary issues. (shrink)