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Francis isn’t the first pope to embrace leftist economics.

“Papal Promotion of Collective Ownership and Theft”
by Richard Bennett (former Roman Catholic priest) and Robert J. Nicholson

“The present pope, Benedict XVI, and his Vatican system teach that private property is not personal as such, but belongs to all people. His predecessor, 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.” The principle of “the universal destination of goods” is clearly observed in what the present pope endorses in the second part of his encyclical entitled “God is Love.” Benedict wholly sanctions the principle of the universal ownership of all goods embalmed in the writings of popes Leo XIII, Pius XI, John XXIII, Paul VI, and John Paul II. The phrase, “all goods,” includes not only the goods found in nature but manufactured goods as well. As John Paul II stated, “The vast majority of people can have access to those goods which are intended for common use: both the goods of nature and manufactured goods.’’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.”

follow the link to read the rest (it opens a PDF):

http://www.bereanbeacon.org/assets/articles/sorted/01_On_Catholicism/Papal_Economics.pdf