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Transcript: CHURCH TEACHING ON PRIVATE PROPERTY A legal claim to social insurance for sickness, unemployment, disability, and old age has become a fourth form of property of in our modern society. Owning a house has a very high socio-political importance in our present society and therefore, occupies a prominent place in the hierarchy of properties of modern man. Participation in capital formation gives those who are previously without property the ability to gain economic security and formative influence on economic affairs. This form of private property if broadly distributed will eliminate a great portion of the economic imbalance existing in the world today. Farmers, when harvesting their fields, vineyards or olive orchards must leave the gleanings to the widows and orphans, the sojourners and the poor. Every third year, all the title of the produce is to be given to the Levites and the needy. Every seventh year, the Sabbath year, the fields, vineyards and olive orchards are to lie untilled and unharvested and whatever grows belong to the poor. In the New Testament, Jesus did not revise any law regarding private property. But in many parts of the Gospel, it can be gleaned that Jesus teaches that it is not the possession of property that is evil, turning wealth into and is. The church teaches that the right to private property is a natural right and it is indispensable in the social order. There are several basis for this right: 1. Self Expression - The right to property is an important means for a person’s self-realization, self-actualization, self-expression and creative development. -Gaudium et Spes acknowledges the reality that ownership and other forms of private control over material goods contribute to the expression of personality. Principles governing the right to Private Property Pope also spoke of common or collective property aside from private property. According to him, this common or collective property exists for instance in a family or group. A group may decide all they possess in common collectively out of their own free will and not by force. The individual still retains the natural right to own private property. St. Thomas Aquinas, the foremost philosopher and theologian of the Middle Age. Said that Private Property as such is not contrary to the natural law or the gospel. Right to property is subordinated to the more fundamental right of all men to the use of material things, to the common good. Public Property or nationalization is the state of ownership whereby the possession belongs to an entire civil society rested on the state. If it overpowers or eliminates the right of private and common property altogether, or at least curtails it, then it violates the natural right of the individual members of the society or state and therefore it goes contrary to the freedom of the human person. Private property gives man a realm of independence and serves as a protection of his freedom. A clear policy on private property or on who should own what, lessens the possibility of disputes on the ownership of properties. 2. Furniture, Household, Equipment, and the like. Private Property and the Holy Scripture MANILA BINGO GAME 6. Savings Both the Old and the New Testament agree that private properties and owning them are not evil in themselves but they could be hindrances to a sincere love of God and neighbor. In the Old Testament Wealth is regarded as a sign of God’s favor. The Old Testament teaches that a human being should prefer over wealth the peace of the soul (Prov. 15:16) righteousness (Tob . 12:8; Prov. 16:8) good reputation (Prov . 22:1) health ( Sir. 30:14-16) and love. 4. For Peace 2. For the fulfillment of one's duties 1. Wage or Salary Torah demands the following: In line with the upcoming 2013 election, the COMELEC is asking help from netizens to track politicians who put up excessive “epal” campaign paraphernalia at the start of the official campaign period. This is to warn aspiring politicians that they cannot hang tarpaulins in PRIVATE PROPERTY when the campaign period begins. Private property makes it possible for an ordinary citizen to provide for the subsistence and upbringing of those under his care. The Two-Fold dimension of Private Property: The social mortgage is the condition under which humanity is allowed to use the goods of the world (which are viewed as part of God's creation) Used by Pope John Paul II in his very important address to the Latin American Episcopate at Peubla, Mexico last January 29, 1979 EPAL ADS Current Issues on Private Property His property should be used not only for himself but also to assist those in need. This is a very radical principle. It teaches that riches are intended for the use of the community. Therefore, if the wealth is beyond the needs of the owner, justice demands that wealth be used for the benefit of the needy persons and not solely for the use of the owner. In cases of extreme necessity, for instance, during life and death situations that
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