Cause of our Economic and Social problems

Ever since the disaster of the Protestant Reformation our civilization has been falling into ever deepening crisis, the solution to which Hilarie Belloc says. “Does not permit of indefinite delay.

Thus the Protestant Reformation has led to our present disastrous economic situation, where there are on the one hand, a few wealthy men and on the other a multitude of ‘wage slaves’ who have neither a secure ‘status’ nor a place in society, nor any property, except for their labour, upon which to rely on for their daily bread.

Furthermore, he shows how this situation contrasts sharply with that of the middle ages, where security of status, with a sufficiency of material goods, was the rule, which thus supported the catholic goal of frugal comfort and family security in this life and salvation in the next, as opposed to the Calvinist ideal of acquiring material wealth, even at the expense of the welfare of one’s neighbor.

He concludes by stating that only a return to Catholicism will remedy the crisis of our crumbling world.