Rethinking Poverty: Income, Assets, and the Catholic Social Justice Tradition

Index

167 Index Adams, John, 80–81 African Americans housing discrimination against, 86, 96–98 loan discrimination against, 86, 98–99 during New Deal, 94–97 Obama on discrimination against, 86–87 during Reconstruction, 88–94 wealth disparities with whites, 4, 81–82, 87 Aid to Families with Dependent Children (AFDC), 9, 95 American Dream Demonstration (ADD), 108, 109 American Opportunity Tax Credit, 113 American Stakeholder Account (ASA), 111 America Saving for Personal Investment, Retirement, and Education Act (ASPIRE), 111 Aquinas, Thomas, 47–48, 127, 154n4 Aristotle, 47–48, 66–67, 143n14 asset accumulation. See saving and asset accumulation asset-building approach and aggregate economic measuring , 74 and capabilities approach, 77 and Catholic social thought, 32, 43, 51, 54–59 as distinct from income-bolstering approach, 12, 15, 16, 55–56, 63 need for paradigm shift toward, 13, 16, 103, 109–10 and personal efficacy, 16, 79 asset-building policies, 4, 56, 110–11, 116–26 American Dream Demonstration, 108, 109 American Opportunity Tax Credit, 113 American Stakeholder Account, 111 America Saving for Personal Investment, Retirement, and Education Act, 111 Assets for Independence Act, 112, 151n33 Child Savings Account, 110–11, 119, 151n27 individual development accounts, 107–10, 112, 113, 120, 150n11 168 Index asset-building policies (cont.) political viability of, 112–14 possible perils of, 114–16 during Reconstruction era, 88–89, 146n7 regressive application of, 18–23, 104–5, 114–15, 120 Savings for Working Families Act, 113 Temporary Assistance for Needy Families, 108, 150n15 assets. See ownership of assets Assets for Independence Act, 112, 151n33 Augustine, 55 Australia, 113–14 banking system, 98–99 Bebbington, Anthony, 126 behavioral economics, 106–7 Benton, Thomas Hart, 81 Bernstein, Jared, 115 Bill and Melinda Gates Foundation,114 bipartisanship, 112 “black codes,” 98 Bonsor, Jack, 65 Boshara, Ray, 106–7, 119 Bram, Henry, 90–91 Bray, Rosemary, 17–18 Buchholz, David, 20 Canada, 111, 113–14 capabilities approach advantages and justifications of, 62–63 and asset building for poor, 3–4, 62, 77 and Catholic social thought, 2, 4, 38–39, 62–63 formulation and definition of, 61–62, 142n1 on human dignity, 62, 72, 122 on human freedom, 83, 123 on human good, 67–68 and human rights theories, 73 on human values, 62, 66, 67, 68, 71–72, 86, 144n30 and human well-being, 74–75, 76, 123 identification and interrelation of capabilities, 68–74, 76 liberals and, 73–74 limitation/capability distinction in, 70 on measuring quality of life, 74–75, 134n23 Michael Sherraden on, 63, 142n6 moral vision of, 3, 117, 122, 123, 125–26 normative contributions of, 122–26 on ownership of assets, 75–76, 125–26 and postmodernist thought, 64–66 on social justice, 61–62, 63, 125 on social nature of the individual, 71, 124 See also Nussbaum, Martha capitalism, 100, 114, 121 Catholic social thought on, 30–31, 36 Catholic social thought and capabilities approach, 2, 4, 38–39, 62–63 on capitalism, 30–31, 36 and Catholic social teaching, 127, 154n5 on charity, 55 on common good, 49–50, 85, 117, 120–21, 131 on community, 46–47, 119 contributions of to asset-building approach, 3, 54–59 on discrimination, 50, 85 and environmental ethics, 163n1 Index 169 on full participation in society, 47–48, 49, 51, 53, 57, 118 on human dignity, 44–46, 53, 61, 86, 117–18, 152n54 on human freedom, 44, 46, 48–49, 50–51, 117, 118–19 on humans as historical beings, 86 interdisciplinary nature of, 129, 154n7 John Paul II and, 36–40 John XXIII and, 33–35 Latin American bishops and, 50, 52 Leo XIII and, 26, 27–30, 137n10, 137n13 listing of documents of, 129, 130 magisterium of, 128–29, 154nn3–5 and non-Catholics, 44, 56, 58, 131 normative contributions of, 117–22 on ownership, 26–30, 31, 34–35, 37–38, 42–43, 57, 86, 126, 136n4 papal encyclicals in, 26, 27, 30, 38, 127, 128, 129 Paul VI and, 35–36 on preferential option for poor, 52–54, 117, 118–19 and public policy, 2, 3, 42, 43, 56, 117 Quadragesimo Anno (Pius XI), 30–33 on saving and asset accumulation, 32, 43, 51, 54–59 Second Vatican Council and, 45–46, 49, 51, 129, 131 social justice tradition of, 2, 32, 33, 43, 63, 117, 119, 126 on social nature of the individual, 39, 44, 46–49, 53, 117, 118, 152n54 three periods of...