The Catholic Church has long been one of the most important - but least understood - authorities on capitalism and democracy. For well over a century popes have offered profound reflections on the economic and political order in their social encyclicals - from Leo XIIIAEs Rerum Novarum (1891); to Pius XIAEs Quadragesimo Anno (1931), written during the Great Depression; to John Paul IIAEs Centesimus Annus (1991); and on to Benedict XVIAEs Caritas in Veritate (2009). But this estimable intellectual tradition has often been misunderstood, with partisan groups variously proclaiming Catholic...
The Catholic Church has long been one of the most important - but least understood - authorities on capitalism and democracy. For well over a century ...