Can a Catholic be a Capitalist?

Michie

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The Church’s condemnation of socialism and qualified criticism of capitalism have been remarkably consistent.

When some people hear the Catholic Church teaches “no one can be at the same time be a good Catholic and a true socialist” (Quadragesimo Anno 120), they ask in reply, “But can a good Catholic be a true capitalist?”- as if capitalism were a sin opposite yet equal to socialism. But while the Church teaches that “no Catholic could subscribe even to moderate socialism” (Mater et Magistra 34), it has never said the same thing of capitalism, which it views as something that can be compatible with Catholic moral principals...
Can a Catholic Be a Capitalist?
 
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