The author subjects to revision the economic liberalism supporters’ views, according to which there is no room for universal moral norms in the area of economy. The conception of homo economicus accepted in economy and the exclusive rule of profit are a manifestation of reductionism. The conviction that the free competition – free market – acts mechanically and impersonally and solves all economic-social problems in the best way is basically incorrect. In free competition there are positive and negative elements. Free competition – “yes, but what kind?” In the article a possibly complete picture of man is shown. Man is a reasonable creature, he is internally free and able to recognize good and evil (owing to his conscience) and owing to thi...