Centesimos Annos

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Centesimus Annus is an encyclical written by Pope John Paul II in 1991 to commemorate the hundredth anniversary of Pope Leo XIII's Rerum novarum.

It addresses the relevance of Rerum novarum to the late 20th century and discusses issues such as the role of the state, human rights, and the economic system.

It emphasizes the importance of solidarity and subsidiarity in addressing social problems.

The encyclical also critiques both socialism and unbridled capitalism, advocating for a balanced approach that respects human dignity and promotes the common good.

Centesimus Annus is a significant contribution to Catholic social teaching, offering a moral framework for addressing contemporary economic and political challenges.

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Mentioned in reference to St. John Paul II's qualified endorsement of the free market.
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