"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
A Distributist Looks at Capitalism and Socialism
In the popular way of thinking and talking there are only two basic ways of organizing an economy, capitalism and socialism. Despite the fact that few could offer a good definition of either of these systems, most people are convinced that they are the only two possible systems.
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The Church does not condemn capitalism as such (though neither does she endorse or recommend it), but her social doctrine does condemn the capitalistic liberal ideology and any kind of capitalism which refuses to permit “the market [to] be appropriately controlled by the forces of society and by the State, so as to guarantee that the basic needs of the whole of society are satisfied” (Centesimus Annus, no. 35).
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Even Popes can be economically ignorant and socially naive.