Friday, December 31, 2010

Who Celebrates? #1136


Liturgy is an "action" of the whole Christ (Christus totus). Those who even now celebrate it without signs are already in the heavenly liturgy, where celebration is wholly communion and feast.

Thursday, December 30, 2010

The Sacramental Celebration of the Paschal Mystery #1135


The catechesis of the liturgy entails first of all an understanding of the sacramental economy (Chapter One). In this light, the innovation of its celebration is revealed. This chapter will therefore treat of the celebration of the sacraments of the Church. It will consider that which, through the diversity of liturgical traditions, is common to the celebration of the seven sacraments. What is proper to each will be treated later. This fundamental catechesis on the sacramental celebrations responds to the first questions posed by the faithful regarding this subject:
-Who celebrates the liturgy?
-How is the liturgy celebrated?
-When is the liturgy celebrated?
-Where is the liturgy celebrated?

Wednesday, December 29, 2010

In Brief #1134


The fruit of sacramental life is both personal and ecclesial. For every one of the faithful on the one hand, this fruit is life for God in Christ Jesus; for the Church, on the other, it is an increase in charity and in her mission of witness.

Tuesday, December 28, 2010

In Brief #1133


The Holy Spirit prepares the faithful for the sacraments by the Word of God and the faith which welcomes that word in well-disposed hearts. Thus the sacraments strengthen faith and express it.

Monday, December 27, 2010

In Brief #1132


The Church celebrates the sacraments as a priestly community structured by the baptismal priesthood and the priesthood of ordained ministers.

Sunday, December 26, 2010

In Brief #1131


The sacraments are efficacious signs of grace, instituted by Christ and entrusted to the Church, by which divine life is dispensed to us. The visible rites by which the sacraments are celebrated signify and make present the graces proper to each sacrament. They bear fruit in those who receive them with the required dispositions.

Saturday, December 25, 2010

The Sacraments of Eternal Life #1130


The Church celebrates the mystery of her Lord "until he comes," when God will be "everything to everyone." Since the apostolic age the liturgy has been drawn toward its goal by the Spirit's groaning in the Church: Marana tha! The liturgy thus shares in Jesus' desire: "I have earnestly desired to eat this Passover with you ...until it is fulfilled in the kingdom of God." In the sacraments of Christ the Church already receives the guarantee of her inheritance and even now shares in everlasting life, while "awaiting our blessed hope, the appearing of the glory of our great God and Savior Christ Jesus." The "Spirit and the Bride say, 'Come ...Come, Lord Jesus!"

Friday, December 24, 2010

The Sacraments of Salvation #1129


The Church affirms that for believers the sacraments of the New Covenant are necessary for salvation. "Sacramental grace" is the grace of the Holy Spirit, given by Christ and proper to each sacrament. The Spirit heals and transforms those who receive him by conforming them to the Son of God. The fruit of the sacramental life is that the Spirit of adoption makes the faithful partakers in the divine nature by uniting them in a living union with the only Son, the Savior

Thursday, December 23, 2010

The Sacraments of Salvation #1128


This is the meaning of the Church's affirmation that the sacraments act ex opere operato (literally: "by the very fact of the action's being performed"), i.e., by virtue of the saving work of Christ, accomplished once for all. It follows that "the sacrament is not wrought by the righteousness of either the celebrant or the recipient, but by the power of God." From the moment that a sacrament is celebrated in accordance with the intention of the Church, the power of Christ and his Spirit acts in and through it, independently of the personal holiness of the minister. Nevertheless, the fruits of the sacraments also depend on the disposition of the one who receives them.

Wednesday, December 22, 2010

The Sacraments of Salvation


Celebrated worthily in faith, the sacraments confer the grace that they signify. They are efficacious because in them Christ himself is at work: it is he who baptizes, he who acts in his sacraments in order to communicate the grace that each sacrament signifies. The Father always hears the prayer of his Son's Church which, in the epiclesis of each sacrament, expresses her faith in the power of the Spirit. As fire transforms into itself everything it touches, so the Holy Spirit transforms into the divine life whatever is subjected to his power.

Tuesday, December 21, 2010

The Sacraments of Faith #1126


Likewise, since the sacraments express and develop the communion of faith in the Church, the lex orandi is one of the essential criteria of the dialogue that seeks to restore the unity of Christians.

Monday, December 20, 2010

The Sacraments of Faith #1125


For this reason no sacramental rite may be modified or manipulated at the will of the minister or the community. Even the supreme authority in the Church may not change the liturgy arbitrarily, but only in the obedience of faith and with religious respect for the mystery of the liturgy.

Sunday, December 19, 2010

The Sacraments of Faith #1124


The Church's faith precedes the faith of the believer who is invited to adhere to it. When the Church celebrates the sacraments, she confesses the faith received from the apostles-whence the ancient saying: lex orandi, lex credendi (or: legem credendi lex statuat supplicandi, according to Prosper of Aquitaine [5th cent.]). The law of prayer is the law of faith: the Church believes as she prays. Liturgy is a constitutive element of the holy and living Tradition.

Saturday, December 18, 2010

The Sacraments of Faith #1123


"The purpose of the sacraments is to sanctify men, to build up the Body of Christ and, finally, to give worship to God. Because they are signs they also instruct. They not only presuppose faith, but by words and objects they also nourish, strengthen, and express it. That is why they are called 'sacraments of faith.'"

Friday, December 17, 2010

The Sacraments of Faith #1122


Christ sent his apostles so that "repentance and forgiveness of sins should be preached in his name to all nations." "Go therefore and make disciples of all nations, baptizing them in the name of the Father and of the Son and of the Holy Spirit." The mission to baptize, and so the sacramental mission, is implied in the mission to evangelize, because the sacrament is prepared for by the word of God and by the faith which is assent to this word: The People of God is formed into one in the first place by the Word of the living God....The preaching of the Word is required for the sacramental ministry itself, since the sacraments are sacraments of faith, drawing their origin and nourishment from the Word.

Thursday, December 16, 2010

The Sacraments of the Church # 1121


The three sacraments of Baptism, Confirmation, and Holy Orders confer, in addition to grace, a sacramental character or "seal" by which the Christian shares in Christ's priesthood and is made a member of the Church according to different states and functions. This configuration to Christ and to the Church, brought about by the Spirit, is indelible; it remains for ever in the Christian as a positive disposition for grace, a promise and guarantee of divine protection, and as a vocation to divine worship and to the service of the Church. Therefore these sacraments can never be repeated.

Wednesday, December 15, 2010

The Sacraments of the Church # 1120


The ordained ministry or ministerial priesthood is at the service of the baptismal priesthood. The ordained priesthood guarantees that it really is Christ who acts in the sacraments through the Holy Spirit for the Church. The saving mission entrusted by the Father to his incarnate Son was committed to the apostles and through them to their successors: they receive the Spirit of Jesus to act in his name and in his person. The ordained minister is the sacramental bond that ties the liturgical action to what the apostles said and did and, through them, to the words and actions of Christ, the source and foundation of the sacraments.

Tuesday, December 14, 2010

The Sacraments of the Church # 1119


Forming "as it were, one mystical person" with Christ the head, the Church acts in the sacraments as "an organically structured priestly community." Through Baptism and Confirmation the priestly people is enabled to celebrate the liturgy, while those of the faithful "who have received Holy Orders, are appointed to nourish the Church with the word and grace of God in the name of Christ."

Monday, December 13, 2010

The Sacraments of the Church #1118


The sacraments are "of the Church" in the double sense that they are "by her" and "for her." They are "by the Church," for she is the sacrament of Christ's action at work in her through the mission of the Holy Spirit. They are "for the Church" in the sense that "the sacraments make the Church," since they manifest and communicate to men, above all in the Eucharist, the mystery of communion with the God who is love, One in three persons.

Sunday, December 12, 2010

The Sacraments of the Church #1117


As she has done for the canon of Sacred Scripture and for the doctrine of the faith, the Church, by the power of the Spirit who guides her "into all truth," has gradually recognized this treasure received from Christ and, as the faithful steward of God's mysteries, has determined its "dispensation." Thus the Church has discerned over the centuries that among liturgical celebrations there are seven that are, in the strict sense of the term, sacraments instituted by the Lord.

Saturday, December 11, 2010

The Sacraments of Christ #1116


Sacraments are "powers that comes forth" from the Body of Christ, which is ever-living and life-giving. They are actions of the Holy Spirit at work in his Body, the Church. They are "the masterworks of God" in the new and everlasting covenant.

Friday, December 10, 2010

The Sacraments of Christ #1115


Jesus' words and actions during his hidden life and public ministry were already salvific, for they anticipated the power of his Paschal mystery. They announced and prepared what he was going to give the Church when all was accomplished. The mysteries of Christ's life are the foundations of what he would henceforth dispense in the sacraments, through the ministers of his Church, for "what was visible in our Savior has passed over into his mysteries."

Thursday, December 9, 2010

The Sacraments of Christ


"Adhering to the teaching of the Holy Scriptures, to the apostolic traditions, and to the consensus... of the Fathers," we profess that "the sacraments of the new law were... all instituted by Jesus Christ our Lord."

Wednesday, December 8, 2010

CATECHISM


The Paschal Mystery in the Church's Sacraments: The whole liturgical life of the Church revolves around the Eucharistic sacrifice and the sacraments. There are seven sacraments in the Church: Baptism, Confirmation or Chrismation, Eucharist, Penance, Anointing of the Sick, Holy Orders, and Matrimony. This article will discuss what is common to the Church's seven sacraments from a doctrinal point of view. What is common to them in terms of their celebration will be presented in the second chapter, and what is distinctive about each will be the topic of Section Two.

Tuesday, December 7, 2010

CATECHISM


IN BRIEF
The mission of the Holy Spirit in the liturgy of the Church is to prepare the assembly to encounter Christ; to recall and manifest Christ to the faith of the assembly; to make the saving work of Christ present and active by his transforming power; and to make the gift of communion bear fruit in the Church.

Monday, December 6, 2010

CATECHISM


IN BRIEF
Christ's work in the liturgy is sacramental: because his mystery of salvation is made present there by the power of his Holy Spirit; because his Body, which is the Church, is like a sacrament (sign and instrument) in which the Holy Spirit dispenses the mystery of salvation; and because through her liturgical actions the pilgrim Church already participates, as by a foretaste, in the heavenly liturgy.

Sunday, December 5, 2010

CATECHISM


IN BRIEF
In the liturgy of the Church, God the Father is blessed and adored as the source of all the blessings of creation and salvation with which he has blessed us in his Son, in order to give us the Spirit of filial adoption.

Saturday, December 4, 2010

CATECHISM


The epiclesis is also a prayer for the full effect of the assembly's communion with the mystery of Christ. "The grace of the Lord Jesus Christ and the love of God and the fellowship of the Holy Spirit" have to remain with us always and bear fruit beyond the Eucharistic celebration. The Church therefore asks the Father to send the Holy Spirit to make the lives of the faithful a living sacrifice to God by their spiritual transformation into the image of Christ, by concern for the Church's unity, and by taking part in her mission through the witness and service of charity.

Friday, December 3, 2010

CATECHISM


The communion of the Holy Spirit....In every liturgical action the Holy Spirit is sent in order to bring us into communion with Christ and so to form his Body. The Holy Spirit is like the sap of the Father's vine which bears fruit on its brnaches. The most intimate cooperation of the Holy Spirit and the Church is achieved in the liturgy. The Spirit, who is the Spirit of communion, abides indefectibly in the Church. For this reason the Church is the great sacrament of divine communion which gathers God's scattered children together. Communion with the Holy Trinity and fraternal communion are inseparably the fruit of the Spirit in the liturgy.

Thursday, December 2, 2010

CATECHISM


I will start using this blog space for my religion class starting today....My normal blog space was bought out and reworked into nothing but music and videos....so my daily catechism lesson will be posted here for my class....I do hope that members of this blog will not find my teaching irreproachable....and now here is a taste of things to come..Thank You...

The Holy Spirit's transforming power in the liturgy hastens the coming of the kingdom and the consummation of the mystery of salvation. While we wait in hope he causes us really to anticipate the fullness of communion with the Holy Trinity. Sent by the Father who hears the epiclesis of the Church, the Spirit gives life to those who accept him and is, even now, the "guarantee" of their inheritance.

Wednesday, October 13, 2010

Saturday, October 9, 2010

Neo Classical Synthesis


Production is also decreased, further decreasing social welfare by creating a deadweight loss. Sources of this market power are said to include the existence of externalities, barriers to entry of the market, and the free rider problem. Markets may fail to be efficient for a variety of reasons, so the exception of competition law's intervention to the rule of laissez faire is justified if government failure can be avoided. Orthodox economists fully acknowledge that perfect competition is seldom observed in the real world, and so aim for what is called "workable competition". This follows the theory that if one cannot achieve the ideal, then go for the second best option by using the law to tame market operation where it can.

Wednesday, September 29, 2010

Neo Classical Synthesis (cont...)


Contrasting with the allocatively, productively and dynamically efficient market model are monopolies, oligopolies, and cartels. When only one or a few firms exist in the market, and there is no credible threat of the entry of competing firms, prices rise above the competitive level, to either a monopolistic or oligopolistic equilibrium price.

Tuesday, September 28, 2010

Neo-Classical Synthesis (cont.)


This traces to Austrian-American political scientist Joseph Schumpeter's notion that a "perennial gale of creative destruction" is ever sweeping through capitalist economies, driving enterprise at the market's mercy. This led Schumpeter to argue that monopolies did not need to be broken up (as with Standard Oil) because the next gale of economic innovation would do the same.

Monday, September 27, 2010

Neoclassical Synthesis (cont.)


Dynamic efficiency refers to the idea that business which constantly competes must research, create and innovate to keep its share of consumers.

Saturday, September 25, 2010

Friday, September 24, 2010

Neo-Classical Synthesis (cont..)


Productive efficiency simply means that society is making as much as it can. Free markets are meant to reward those who work hard, and therefore those who will put society's resources towards the frontier of its possible production.

Thursday, September 23, 2010

Neo-Classical Synthesis (cont.)


Because rational producers will keep producing and selling, and buyers will keep buying up to the last marginal unit of output - or alternatively rational producers will be reduce their output at the margin at which buyers will buy the same amount as produced - there is no waste, the greatest number wants of the greatest number of people become satisfied and utility is perfected because resources can no longer by reallocated to make anyone better off without making someone else worse off; society has achieved allocative efficiency.

Wednesday, September 22, 2010

Neo-classical synthesis (cont.)


Allocative efficiency is also known as Pareto efficiency after the Italian economist Vilfredo Pareto and means that resources in an economy over the long run will go precisely to those who are willing an able to pay for them.

Tuesday, September 21, 2010

Neo-Classical Synthesis


...By this term economists mean something very specific, that competitive free markets deliver allocative, productive and dynamic efficiency...

Monday, September 20, 2010

Neo-classical synthesis


After Mill, there was a shift in economic theory, which emphasised a more precise and theorectical moldel of competition. A simple neo-classical model of free markets holds that production and distribution of goods and services in competitive free markets maximizes social welfare. This model assumes that new firms can freely enter markets and compete with existing firms, or to use legal language, there are no barriers to entry.

Sunday, September 19, 2010

Neo-classical synthesis.....


Starting Tomorrow...Have a Happy Sunday!

Saturday, September 18, 2010

Theory


"Again, trade is a social act. Whoever undertakes to sell any description of goods to the public, does what affects the interest of other persons, and of society in general; and thus his conduct, in principle, comes within the jurisdiction of society...both the cheapness and the good quality of commodities are most effectually provided for by leaving the producers and sellers perfectly free, under the sole check of equal freedom to the buyers for supplying themselves elsewhere. This is the so-called doctrine of Free Trade, which rests on grounds different from, though equally solid with, the principle of individual liberty asserted in this Essay. Restrictions on trade, or on production for purpose of trade, are indeed restraints; and all restraint, qua restraint, is an evil..."

Friday, September 17, 2010

Theory


Smith also rejected the very existence of, not just dominant and abusive corporations, but corporations at all. By the latter half of the nineteenth century it had become clear that large firms had become a fact of the market economy. John Stuart Mill's approach was laid down in his treatise On Liberty (1859).

Thursday, September 16, 2010

Theory


"People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices. It is impossible indeed to prevent such meetings, by any law which either could be executed, or would be consistent with liberty and justice. But though the law cannot hinder people of the same trade from sometimes assembling together, it ought to do nothing to facilitate such assemblies; much less to render them necessary."

Wednesday, September 15, 2010

Theory


In The Wealth of Nations (1776) Adam Smith also pointed out the cartel problem, but did not advocate legal measures to combat them.

Tuesday, September 14, 2010

Theory


"A monopoly granted either to an individual or to a trading company has the same effect as a secret in trade or manufactures. The monopolists, by keeping the market constantly understocked, by never fully supplying the effectual demand, sell their commodities much above the natural price, and raise their emoluments, whether they consist in wages or profit, greatly above their natural rate...

Monday, September 13, 2010

Theory


Restraints were judged as permissible or not by courts as new cases appeared and in the light of changing business circumstances. Hence the courts found specific categories of agreement, specific clauses, to fall foul of their doctrine on economic fairness, and they did not contrive an overarching conception of market power. Earlier theorists like Adam Smith rejected any monopoly power on this basis.

Sunday, September 12, 2010

Theory


The classical perspective on competition was that certain agreements and business practice could be an unreasonable restraint on the individual liberty of tradespeople to carry on their livelihoods.

Saturday, September 11, 2010

Theory


Under the doctrine of laissez-faire, antitrust is seen as unnecessary as competition is viewed as a longterm dynamic process where firms compete against each other for market dominance. In some markets a firm may successfully dominate, but it is because of superior skill or innovativeness. However, according to laissez-faire theorists, when it tries to raise prices to take advantage of its monopoly position it creates profitable opportunities for others to compete. A process of creative destruction begins which erodes the monopoly. Therefore, government should not try to break up monopoly but should allow the market to work.