The article focuses on the relativity between the Catholic Church and economics. Writers who have the farthest removed political economy from what the civilized world understands by ethics have done so in the name of a system of ethics springing from a philosophy of their own. To understand this, one must look back to the origin of the school of economics for which the world is now seeking a substitute. Thus to get at the very root of the system is the only way to rightly understand its nature and its defects, and to see where the remedy is really to be found. Starting with the principle of individualism then fermenting in the mind of Europe, this school carried it fearlessly to its legitimate conclusions. Its development was in many countries hindered or deflected by conservative notions and influences of various kinds. In metaphysics the principle of individualism, basing all knowledge on individual sensations, eventuated in boldly professed materialism. Every man being intent on his own comfort and advantage as against every other man, life is a warfare and the world a battle-field.