Pope John Paul II issued this encyclical to reflect on the concerns of the working class 100 years after the first encyclical on this topic. Sections Include: Introduction I: Characteristics of Rerum Novarum II: Towards the "New Things" Of Today III: The Year 1989 IV: Private Property And The Universal Destination Of Material Goods V: State And Culture VI: Man Is The Way Of The Church Notes
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Editorial Reviews
Language Notes
Text: English (translation)
Original Language: Latin
Original Language: Latin
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2 of 2 people found the following review helpful:
5.0 out of 5 stars
Economic Justice for all,
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This review is from: On The Hundredth Anniversary Rerum Novarum (Paperback)
The comments of the other reviewer prompted me to write this review, with the title of a Pastoral letter of the American Bishops written in 1989. This is one of the most powerful encyclicals ever written, with clear lessons for economic management and economic justice. Is was written on the hundredth anniversary of Rerum Novarum, another encyclical that in midst of the industrial revolution, in the late 19th century, was arguing for fair treatment of workers. This one is broader and covers most topics of interest for today's economy. This has been followed by another encyclical by Pope Benedict, Charity in Truth: Caritas in Veritate, which expands on the same themes, although it is a bit more theological than Centesimus Annus (the title in Latin). In order to excite the reader I will reproduce my favorite quote, that I use in my Corporate Social Responsibility lectures: "The Church acknowledges the legitimate role of profits as an indication that a business is functioning well......Profit is a regulator of the life of a business, but is not the only one; other human and moral factors must also be considered, which, in the long term, are at least equally important for the life of a business". Wish these lessons had been known and applied before the recent financial crisis, maybe it would have been avoided.
0 of 21 people found the following review helpful:
1.0 out of 5 stars
Don't waste your time,
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This review is from: On The Hundredth Anniversary Rerum Novarum (Paperback)
For me, this papal letter was a rambling waste of time. The fault can't be in the translation to English, because the pattern continues throughout the entire 70 pages. If it isn't required reading for a class (which it was for me), save your $5 plus shipping and invest it elsewhere.
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