The economic crisis of 2007-08 contributed to an increasing sense of disillusionment with the mainstream economic thinking of the left and particularly of the right, and as a result a number of heterodox ideas and traditions have gained renewed interest. This disillusionment has led to a great deal of ferment in Catholic circles in particular because Catholic social thought offers an intellectually rich tradition of thinking on economic issues that does not fit easily into mainstream categories.
Psalm 111, which may seem disjointed and a collection of sayings, does, however, offer a consistent political teaching. It emphasizes politics in virtuous imitation of God in his works and the rejection of the politics of fear.
Habakkuk 2:4—’The righteous person will live by his faith’—is a familiar text. The recognition that the faith in question may be God’s own faithfulness, rather than our own stumbling faith, may inspire a stronger confidence in us as we face a world of injustice.
