Limbaugh and Varney are really taking aim at is New Deal-inspired liberal economics - which is not about Marxism or destroying capitalism. Instead, it is about saving capitalism from those bad apples that would abuse it, seeing it only as a means to create non-meritorious wealth by dint of deceit and unscrupulousness.
Part and parcel of New Deal economics is Distributive Justice. Its roots are found in the works of Aristotle, Cicero, Maimonides and adopted into Catholicism by Thomas Aquinas. And it is Aquinas who defines distributive justice as follows:
…in distributive justice something is given to a private individual, in so far as what belongs to the whole is due to the part, and in a quantity that is proportionate to the importance of the position of that part in respect of the whole. Consequently in distributive justice a person receives all the more of the common goods, according as he holds a more prominent position in the community. This prominence in an aristocratic community is gauged according to virtue, in an oligarchy according to wealth, in a democracy according to liberty, and in various ways according to various forms of community. Hence in distributive justice the mean is observed, not according to equality between thing and thing, but according to proportion between things and persons: in such a way that even as one person surpasses another, so that which is given to one person surpasses that which is allotted to another.(1)
Aquinas addresses something either Limbaugh or Varney conspicuously do not: a duty to distribute with provision to the poorest of society
That is why with the issuance of Pope Leo XIII’s 1891 encyclical, Rerum novarum (Of New Things; subtitled, “The Rights and Duties of Capital and Labor”) Distributive Justice was adopted as the heart and soul of Catholic Economics.
Things we believe.