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What did Pope Leo XIII oppose economically?

  • Laissez-faire capitalism

  • Protectionism

  • Trade tariffs

  • Subsidies

Answer

Laissez-faire capitalism, an economic system characterized by minimal government intervention, was opposed by Pope Leo XIII. In his encyclical "Rerum Novarum," he criticized the system for its exploitation of workers and its failure to address social inequality. He argued that the government had a responsibility to regulate the economy and protect the rights of workers.
Deciphering the Papacy: The Legacy of Pope Leo XIII

Deciphering the Papacy: The Legacy of Pope Leo XIII

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