One must read Pope Benedict very carefully. Reporters generally do a poor job relating his ideas. One also must carefully read Pope Leo XIII’s Rerum Novarum, which Pope Benedict obviously knows very well. I wouldn’t trust those who claim the Pope leans towards socialist economics.
You have to read the whole discussion. In it, Papal critiques of both Soviet style comman economies AND modern laissez faire capitalism (as well as globalism) are shared.