Word: novarum
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...Churches have found the Depression an admirable background for a vigorous renewal of their age-old attacks on Mammon. But only the Roman Catholic Church may be said to have an official attitude on "Economics." This attitude, based on Leo XIII's encyclical Rerum Novarum (1891), the Statesman-Pope, Pius XI, has elaborated in many a pronouncement. Denouncing Communism, rejecting Socialism, chiding Capitalism, finding Syndicalism (the Fascist type of government-in-business) too powerfully concentrated, Pius XI has come out for: minimum wage laws; old-age pensions; private property, even a "modest fortune" for workers; government regulation of business...
...Eminence was once Domestic Prelate to Pope Leo XIII whose Encyclical, Rerum Novarum ("Concerning New Things") was the basis for Pope Pius XI's new encyclical, Quadragesima Anno ("In the 40th Year" after Leo's). His authoritative word was as follows...
...Return Novarum. Forty years ago last week, the long-headed little old man in the Vatican peered out into the revolutionized industrial world and saw that all was not going to be peaceful. To 81-year-old Gioacchino Vincenzo Pecci, His Holiness Pope Leo XIII, who had been Civil Governor of Benevento and Governor of Perugia and far more a man-of-the-world than his dogmatist predecessor Pius IX, it seemed a good moment for Mother Church to say her say about social and industrial reform.' So he composed and issued a great encyclical entitled Rerum Novarum ("Concerning...
Quadragesimo Anno. As last week's 40th anniversary of Rerum Novarum approached, the roundheaded, 73-year-old man in the Vatican who 40 years ago was an energetic priest fond of mountain-climbing, and who since has shown himself one of the great Statesman-Popes, beheld the industrial and financial worlds again seething with a great unrest. In Russia the overturn had come, violently, and Mother Church had suffered there with Capitalism. Throughout the world, even Capitalists were saying, "Capitalism is not perfect. It must mend itself and mankind." Achille Ambrogio Damiano Ratti, His Holiness Pope Pius XI, perceived...
...moral law. Inasmuch as the Church is the accredited interpreter and teacher of the moral law, her authority and function in the field of industrial relations are quite as certain as in domestic relations, or in any other department of human life." Pope Leo XIII issued an encyclical (Berum Novarum, May 15, 1891) on the conditions of labor. In it he rejected and condemned socialism and said " no practical solution of this question can be found apart from the intervention of religion and the Church." Wages must be sufficient to support the wage earners in reasonable and frugal comfort. Labor...