IV. Economic Activity and Social Justice

2431
The responsibility of the state. “Economic activity, especially the
activity of a market economy, cannot be conducted in an institutional,
juridical, or political vacuum. On the contrary, it presupposes sure guarantees
of individual freedom and private property, as well as a stable currency and
efficient public services. Hence the principal task of the state is to
guarantee this security, so that those who work and produce can enjoy the
fruits of their labors and thus feel encouraged to work efficiently and
honestly…. Another task of the state is that of overseeing and directing the
exercise of human rights in the economic sector. However, primary
responsibility in this area belongs not to the state but to individuals and to
the various groups and associations which make up society.”²¹⁶

From The Catechism of the Catholic Church – rosary.team

Original Link: https://www.vatican.va/archive/ENG0015/__P8D.HTM