Neither Capitalist Nor Socialist? An Introduction to Catholic Economics | Dr. Richard A. Gallenstein Artwork

Gospel Simplicity Podcast

The Gospel Simplicity Podcast is centered around the conviction that the gospel is really good news. Here you will find conversations with Christians from various traditions as we seek to unpack the beautiful simplicity and transformative power of the gospel. Gospel Simplicity is known for ecumenical dialogue that is charitable and open to learning from people with whom you might disagree. We believe that God desires for his Church to be one, united in love for God and neighbor, and on mission to spread the gospel of Jesus Christ to all people.

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Gospel Simplicity Podcast

Neither Capitalist Nor Socialist? An Introduction to Catholic Economics | Dr. Richard A. Gallenstein

May 25, 2026 • Austin Suggs

0:00 | 1:32:58

In this interview, I'm joined by Dr. Richard Gallenstein, Associate Professor of Economics and Director of the Master of Public Policy program at The Catholic University of America, to discuss Catholic Social Teaching and what it means for us today. We dive into the Church's teaching on Capitalism, Socialism, and how this relates to questions like wealth inequality, AI, and more.

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00:00 Intro to Catholic Social Teaching
12:15 Capitalism vs. Socialism
37:10 Private Property & Universal Destination of Goods
48:10 Subsidiarity & Solidarity
01:07:05 Wealth Inequality
01:16:20 AI
01:30:00 Concluding Thoughts

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