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Tag Archives: Catholic social teaching

The Vatican — Considerations for an Ethical Discernment Regarding Some Aspects of the Present Economic-Financial System

The latest in Catholic social teaching.  Pope Leo XIII's 1891 encyclical letter Rerum novarum*, which advocated economic distributism while criticizing both socialism and capitalism (though not market economics per se). Its roots can be traced to the writings of Catholic thinkers such as Thomas Aquinas and Augustine of Hippo, and is also derived from concepts present in the Bible and the cultures of the ancient Near East.— Wikipedia  While not well-known in economic circles, Catholic...

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