The encyclical issued in May 1991 by Pope John Paul II, Centesimus Annus, drew a great deal of attention not only within the Catholic Church but outside it as well. One striking feature was the Pope's endorsement of capitalism, properly understood, as the economic system most compatible with human freedom and most efficient in meeting human needs.
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The encyclical issued in May 1991 by Pope John Paul II, Centesimus Annus, drew a great deal of attention not only within the Catholic Church but outside it as well. One striking feature was the Pope's endorsement of capitalism, properly understood, as the economic system most compatible with human freedom and most efficient in meeting human needs.
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