One of Novak’s key themes is a reflection on the notion of “social justice.” He intends to rescue the concept from an ideological trap and tries to define it using four criteria: 1. It must be consistent with the tradition of the social teaching of the Church; 2. It must contain in itself the lead features of democracy and liberalism: the principle of representation and the rule of law; 3. It must stand up under the criticism of those who consider it logically inconsistent (Hayek); 4. It must be inclusive and non-partisan, making sure that everyone can contribute to the common good: local communities, nations, and the international community, both in the public and private spheres.Read More
Amid growing debates about the morality of free enterprise, Michael Novak of Ave Maria University spoke at AEI on Thursday evening to promote the virtues of democratic capitalism. Novak revealed how capitalism has served to alleviate poverty, promote economic growth and enable the conditions for a flourishing society. He also warned of the dangers of increasing trends toward statism and overregulation, which discourage small business creation.