James P. Bailey is associate professor of theology at Duquesne University.
“This book seeks to redress the lack of emphasis on the idea of
asset building as a means of poverty relief in current debates . .
. . Professor Bailey offers a very useful starting point for those
interested in uplifting the poor in the name of human dignity and
the common good.” —The Review of Metaphysics
“James P. Bailey’s work, Rethinking Poverty: Income, Assets, and
the Catholic Social Justice Tradition, is a direct
interdisciplinary work with major implications for a reformation of
modern social justice practices.” —Dialogue
“In Rethinking Poverty, James Bailey brings to the forefront an
oft-forgotten aspect of Catholic social teaching: the pivotal role
of private property in social development. This book is a timely
reminder that the Church has much to offer in addressing the social
question as it is experienced today, and it updates Catholic
distributism for the twenty-first century.” —Journal of Markets and
Morality
"James Bailey has written a superb, creative and timely book whose
primary audience should be the U.S. Congress. . . . Bailey's work
suggests that ethicists and economists can serve the country with
concrete and specific budget proposals that might persuade, cajole
or shame Congress to reform the tax code in a way that helps the
poor instead of hurting them." —Christian Century
“Bailey . . . suggests that reflection on the tenets of Catholic
social teaching on matters of economic import ought to drive a more
widespread and increasingly viable alternative to the current
approaches to poverty alleviation. . . . Graduate students and
their professors will be interested in Bailey’s proposals, and
perhaps diocesan justice and human development commissioners as
well.” —Catholic Library World
“Bailey details how the poor can become self-sufficient upon
elimination of discrimination in access to mortgages, insurance,
fair credit, and more. He also describes a few innovative policies
to facilitate assets, like individual development accounts. . . .
Bailey finds many references to asset development or wealth
creation for the poor in Catholic social thought.” —Initiatives
“In this brief, well-written work, Bailey offers a helpful look at
the need for public policies that foster asset accumulation by the
poor. The author argues that asset accumulation provides a wide
array of benefits, including greater economic security, increased
confidence concerning the future, and enhanced involvement in
community and public life.” —Choice
“Poverty may be with us always; but seldom do we have such a wise
and timely book. Drawing upon Catholic social teaching and Martha
Nussbaum’s capability theory, Bailey underscores the role of asset
formation in understanding and alleviating poverty. Erudite, but
never arid Rethinking Poverty is indispensable reading for students
and scholars who would make the ‘option for the poor’ their own
today.” —William O’Neill, S.J., Jesuit School of Theology of Santa
Clara University
“Bailey combines his deep understanding of the Catholic social
justice tradition, his firm grasp of contemporary moral philosophy,
and his perceptive analysis of U.S. poverty debates and policies to
forge something new and exciting for each. Bailey’s most
significant contribution is his compelling case for the Church to
establish, or reestablish, asset and property ownership at the
heart of its mission to reduce poverty, enhance human dignity, and
achieve a more just society.” —Ray Boshara, Vice President and
Senior Research Fellow, New America Foundation
“This book supplies the connections between prophetic but general
calls for economic justice and participation, and the concrete
policies and practices necessary to advance those ideals as
reality. Bailey directly critiques discriminatory economic
institutions in the U.S. but also implicitly critiques prior
Catholic voices that have fallen far short of inspiring effective
reform because they do not identify and attack underlying
assumptions behind the ‘personal responsibility’ models of
prosperity.” —Lisa Sowle Cahill, Boston College
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