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Religion

The Journal of Values-Based Leadership

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Wages, Work, And The Catholic Social Teaching, John A. Hunnes Dec 2021

Wages, Work, And The Catholic Social Teaching, John A. Hunnes

The Journal of Values-Based Leadership

The Catholic Social Teaching is a rich and relevant source for studying contemporary problems in society. In this paper, I investigate the question about equal pay in light of the social teaching. During the last decade, there has been an increasing interest in equal pay and related concepts like universal basic income. By equal pay we mean that everyone in society receives the same remuneration regardless of the type of work, level of effort, or unemployed or not. From an economic point of view, there are large negative incentive effects with such an arrangement. The reason is that the principle …