Rome has supported that idea for decades.
“Most people recognize the financial crisis in the Western world. What is not acknowledged, however, is the Papal agenda that has worsened the situation; for example, the Vatican social teaching that denies the biblical meaning of private property. Accordingly, Pope John Paul II stated, “Private property, in fact, is under a ‘social mortgage,’ which means that it has an intrinsically social function, based upon and justified precisely by the principle of the universal destination of goods.” Benedict XVI wholly sanctions this principle of the universal ownership of all goods as he demonstrated the same policy in the writings of popes Leo XIII, Pius XI, John XXIII, and Paul VI. Another Vatican Council II document upholds the same principle of the “universal ownership of all goods” and emphatically teaches, “If one is in extreme necessity, he has the right to procure for himself what he needs out of the riches of others.”
There’s nothing new, and nothing socialist about the notion of a “social mortgage.”
Who has ever denied that a starving man has the right to steal food?
‘Another Vatican Council II document upholds the same principle of the “universal ownership of all goods” and emphatically teaches, “If one is in extreme necessity, he has the right to procure for himself what he needs out of the riches of others.”’
Sounds even more like communism than socialism.
Of course, they exclude the riches of the catholic church in this philosophy.