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Quotes from Popes

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Pope John XXIII issued an encyclical in 1961 backing free market ideas, but said that from a Catholic perspective, "the global economy serves a higher good; if the economy booms, but human dignity suffers, the result is unmistakably evil."


Pope John Paul II, known for his strong anti-communist feelings, issued an encyclical in 1989 warning capitalist nations against letting the collapse of communism "blind them to the need to repair injustices in their own economic system."


Pope Benedict, whose resignation in February opened the way for Francis to head the church, issued an encyclical in 2009 that called for a world political body to manage the global economy—as well as for more government regulation to pull the world out of the Great Recession.


Blunt Pope Francis targets the global economy
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