III. The Social Doctrine of the Church

From The Catechism of the Catholic Church

2425
The
Church has rejected the totalitarian and atheistic ideologies associated in
modem times with “communism” or “socialism.” She has
likewise refused to accept, in the practice of “capitalism,”
individualism and the absolute primacy of the law of the marketplace over human
labor.²⁰⁶ Regulating the economy solely by centralized planning
perverts the basis of social bonds; regulating it solely by the law of the
marketplace fails social justice, for “there are many human needs which
cannot be satisfied by the market.”²⁰⁷ Reasonable regulation of
the marketplace and economic initiatives, in keeping with a just hierarchy of
values and a view to the common good, is to be commended.

PART THREE: LIFE IN CHRIST

SECTION TWO THE TEN COMMANDMENTS
- CHAPTER TWO YOU SHALL LOVE YOUR NEIGHBOR AS YOURSELF
  - Article 7 THE SEVENTH COMMANDMENT
    - III. The Social Doctrine of the Church

From The Catechism of the Catholic Church – rosary.team