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Rerum Novarum, Leo XIII’s 1891 encyclical on capital and labor, was written in response to the social changes brought about by industrialization. Against the claims of socialism, it reaffirms the right to hold property, but emphasizes the limits to that right, rejecting the idea that moral considerations have no place in the free market. Its discussion of the rights and duties of labor and...

Socialists, therefore, by endeavoring to transfer the possessions of individuals to the community at large, strike at the interests of every wage-earner, since they would deprive him of the liberty of disposing of his wages, and thereby of all hope and possibility of increasing his resources and of bettering his condition in life. 6. What is of far greater moment, however, is the fact that the remedy they propose is manifestly against justice. For, every man has by nature the right to possess property