Rerum Novarum

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 capital toward each other and the particular responsibility of society toward the poor laid the foundation for modern Catholic social teaching.