CORPUS CHRISTI, TX (Catholic Online) - The word economy comes to us from the Greek word oikonomia, which literally means law of the house or law of the hearth.  There is indeed an oikonomia, a law of the hearth, a law of the family, and that law is a law of love.  The means of exchange in the family economy is not one measured in specie or in utility, but one measured in communion.

In the family "business," investments are made not in manufacturing plants or in fixed assets, but in persons.  "The family is present as a place where communion . . . is brought about.  It is the place where an authentic community of persons develops and grows thanks to the dynamism of love." (Compendium, No. 221)

In the economy of the family, profit is of no motive, and there is no such thing as Pareto efficiency; rather, love is at the heart of it all.  And love does not think in terms of efficiency or net margins.  "To love means to give and to receive something which can neither be bought nor sold, but only given freely and mutually." (Compendium, No. 221)  Indeed, love is profligate, wasteful, heedless of efficiency and gain.

In the family economy, men and women are not exploited in self-interest, sharp practice, or fraud.  No.  The relationship is one as distant from mutual exploitation as can be possible, for the dignity of the other is what is at the heart of all labor and effort.  It is in marriage and family that the person "is recognized, accepted, and respected in his dignity."  The "only basis for value" in this family economy is the dignity of the other, and this results in "heartfelt acceptance, encounter, and dialogue, disinterested availability, generous service, and deep solidarity." (Compendium, No. 221) 

These are the goods that are traded in the family economy.  These are the goods that sets this economy apart from the greater economy.

What a contradiction is the economy of the family from the economy on Wall Street or even Main Street!  Indeed, the "existence of families living this way exposes the failings and contradictions of society that is for the most part, even if not exclusively, based on efficiency and functionality." (Compendium, No. 221)

The family thrives on this reversal of values, and that is why the law of the jungle that seems to govern businessmen will cast away those things that are most treasured in the law of the hearth: The young--who are treasured for their promise and their innocence--and the elderly--who are treasured for their prior contributions and their current wisdom.  But the innocence of children never fails to show us where we are jaundiced, cynical, where we have lost that sense of wonder.  And the usufruct of the old never declines. The elderly in particular have something to teach us, for "they show that there are aspects of life--human, cultural, moral, and social values--which cannot be judged in terms of economic efficiency . . . ." (Compendium, No. 222)

At the foundation of the family is a contract.  But this is no ordinary contract, one based on the consideration or peppercorn.  And it is a contract without any condition, without any escape clause.  It is a contract more properly called a covenant, where force majeure based upon fickle feelings is unknown, and where the only "act of God" clause is this: "what therefore God has joined together, let no man put asunder." (Mark 10:9)

In the world at large, unions are measured in terms of convenience, not of permanency.  And while it may be acceptable for the consumer to shift loyalties from Kellogg's Frosted Flakes to General Mill's Cheerios, or from the Blackberry to the iPhone, such fickleness is not part of marriage and family life.  In the family, loyalties outlast even death.

The stability and indissolubility of the marriage union must not be entrusted solely to the intention and effort of the individual persons involved, but is also the responsibility of the whole of society.  The introduction of divorce into civil legislation violates this principle, and such laws have fueled a relativistic vision of the marriage bond which "truly [is] a plague on society." (Compendium, No. 225) (quoting CCC § 2385)

Marriage is a natural institution between two persons, a man and a woman, but it is also a social institution since it has "a social dimension that is unique . . . attending as it does to caring for and educating children," with the aim of having them both self-integrated and integrated into social life.  That is one reason, among others, that the law ought not to legitimize forms of relationships that are nothing but ersatz marriages or relationships that ape--even mock--marriage.  A marriage that does not ...