"Grieved by what he saw as the twin evils of capitalism and communism, Pope Leo xiii penned an encyclical, Revum Novarum, in 1891 describing Catholic corporatism. Its premise was that equality is a cruel illusion; people are happiest when placed in a hierarchy guided by the Roman Catholic Church. Competition is spiritually demeaning. Therefore business, labor and the state must work together in corporations. These corporations control the economy by setting quotas, prices and wages. They regulate individual behavior to protect the social order and supposedly provide a just standard of living for all. Abuses of power would allegedly be prevented by the moral guidance and advice of a Roman Catholic elite."
Nice pull quote:
"Grieved by what he saw as the twin evils of capitalism and communism, Pope Leo xiii penned an encyclical, Revum Novarum, in 1891 describing Catholic corporatism. Its premise was that equality is a cruel illusion; people are happiest when placed in a hierarchy guided by the Roman Catholic Church. Competition is spiritually demeaning. Therefore business, labor and the state must work together in corporations. These corporations control the economy by setting quotas, prices and wages. They regulate individual behavior to protect the social order and supposedly provide a just standard of living for all. Abuses of power would allegedly be prevented by the moral guidance and advice of a Roman Catholic elite."