Since many Christians seem eager to align Christian belief with laissez-faire capitalism, it might be instructive to consider what one of the great teachers of the church had to say on the subject of private property. I realize that St. Thomas carries more authority with Catholics than sola scriptura Protestants, but at the very least, an investigation of the riches of the Christian tradition might prevent hasty generalizations about what a “biblical worldview” implies in the area of political economy.
In the Summa Theologica, Second Part of the Second Part, Question 66 St. Thomas takes up a number of topics pertaining to the just distribution of property. The obvious first question is whether private property is inherently just, or as Thomas puts it “Whether it is lawful for a man to possess a thing as his own?”
He answers:
Two things are competent to man in respect of exterior things. One is the power to procure and dispense them, and in this regard it is lawful for man to possess property. Moreover this is necessary to human life for three reasons. First because every man is more careful to procure what is for himself alone than that which is common to many or to all: since each one would shirk the labor and leave to another that which concerns the community, as happens where there is a great number of servants. Secondly, because human affairs are conducted in more orderly fashion if each man is charged with taking care of some particular thing himself, whereas there would be confusion if everyone had to look after any one thing indeterminately. Thirdly, because a more peaceful state is ensured to man if each one is contented with his own. Hence it is to be observed that quarrels arise more frequently where there is no division of the things possessed.
This looks like an essentially pragmatic justification of private property. Possession of property is “necessary to human life.” Private property (as modern economics confirms) creates an incentive structure that allows for an efficient allocation of resources that will serve to meet human needs. People will tend to work harder for their own gain than for the gain of the community. Furthermore, Thomas notes that private property aids in peaceful coexistence. When ownership rights are unclear or contested, conflict breaks out and wealth creation is interrupted. As many have pointed out, some of the poorest areas of the globe have the weakest property rights protection.
However, Thomas is far from the extreme libertarian view that property rights are absolute or sacrosanct. He goes on to ask several articles later “Whether it is lawful to steal through stress of need?”
His answer:
[I]f the need be so manifest and urgent, that it is evident that the present need must be remedied by whatever means be at hand (for instance when a person is in some imminent danger, and there is no other possible remedy), then it is lawful for a man to succor his own need by means of another’s property, by taking it either openly or secretly: nor is this properly speaking theft or robbery.
Why does extreme need justify theft according to Thomas?
Things which are of human right cannot derogate from natural right or Divine right. Now according to the natural order established by Divine Providence, inferior things are ordained for the purpose of succoring man’s needs by their means. Wherefore the division and appropriation of things which are based on human law, do not preclude the fact that man’s needs have to be remedied by means of these very things. Hence whatever certain people have in superabundance is due, by natural law, to the purpose of succoring the poor.
In other words, God created the goods of this world for the use of the human race as a whole. Since private property as an institution is justified by its ability to meet human needs, it can’t be used as an excuse for denying human need.
It’s interesting to note that Thomas treats this question under the heading of “justice” rather than “charity.” The excess of some people is due “by natural law” to aiding the poor. Thus there would seem to be little support to be found here for the idea that the government should have no role in redistibuting wealth to aid the poor. At the very least, Thomas’ principles would seem to point to something like a mixed economy standing between the extremes of socialism and laissez-faire capitalism.