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Economic Ethics - Part I
(1,634 words)

Part of Economic Ethics:

Part I

Part II

Business ethics pertains to a sphere of economics which only exists in a “social” economy, and one that is organized on a commercial basis. In a “social” economy a social process intervenes between the natural processes of the production and consumption of goods that go on in every economy (even one like Robinson Crusoe’s). In the case of a household, or a fully communist society, this intermediate process is an allotment of burdens and benefits: the head of the h…

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Oswald von Nell-Breuning, “Economic Ethics - Part I”, in: Sacramentum Mundi Online, General Editor Karl Rahner, SJ. Consulted online on 23 February 2024 <>
First published online: 2016

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