@(name removed by moderator)
There are “socialist” movements (movements calling themselves “socialist”) that have been approved by the church as not conforming to what the ecclesiastical terminology means by ‘socialism’, which is
Marxist-collectivism . In the exact same sense, capitalism is used to refer to neo-liberal capitalism/economic liberalism.
If you want to read the references to ‘socialism’ without qualifiers as meaning
anything that goes under the label, then the same logic must apply to the references in these texts to capitalism:
" In the modern period, from the beginning of the industrial age, the Christian truth about work had to oppose the various trends of materialistic and economistic thought… the danger of treating work as a special kind of “merchandise,” or as an impersonal “force” needed for production (the expression “workforce” is in fact in common use) always exists , especially when the whole way of looking at the question of economics is marked by the premises of materialistic economism…
In all cases of this sort , in every social situation of this type, there is a reversal of the order laid down from the beginning by the words of the Book of Genesis: man is treated as an instrument of production. Precisely this reversal of order, whatever the program or name under which it occurs, should rightly be called “capitalism” …Everybody knows that capitalism has a definite historical meaning as a system, an economic and social system, opposed to “socialism” or “communism.”
It should be recognized that the error of early capitalism can be repeated wherever people are treated on the same level as the whole complex of the material means of production, as an instrument and not in accordance with the true dignity of their work.
Laborem Exercens (“On Human Work”) , Pope St. John Paul II, 1981 #30.
In the above encyclical, Pope St. John Paul II states unequivocally that “capitalism” is a
reversal of the divine order laid down by God in the Book of Genesis and he moreover reiterates, and this ABSOLUTELY crucial, that “
precisely this reversal of order should rightly be called “capitalism” ”.
He then explains that this ‘capitalism’ - condemned in and of itself as contrary to God’s plan for creation, just as with ‘Marxist collecictivism’ under the name of ‘socialism’ - has a “
definite historical meaning as a system opposed to communism ”.
The epistemological bases of both of these ideologies, as they emerged in modernity, are
inherently irreconcilable with Catholic Social Doctrine. Later movements that simply emphasised socialisation of public utilities, trade unionism, co-operativeness and welfare services to promote social justice (but called themselves “socialist”) and on the right, movements that embraced a market economy, entrepreneurialism and the defence of private rights but didn’t embrace the ‘capitalist’ errors I outlined earlier (but called themselves “capitalist”) again don’t infringe doctrine.