The Value of Private Property

The Value of Private PropertyExtension of Human FreedomConstitutes one of the conditions for civil liberty;Essential element of a authentically social and democratic economicGuarantee of a correct social order

The Social Function of Private Property;Man should regard the external things that he legitimately possesses not only as his own but also as common in the sense that they should be able to benifit not only him but also others.

2The Right to Private Property and the New GoodsNew Goods - are the results of knowledge, technology and know-how, which today became decisive, because the wealth of the industrialized nations is based much more on this kind of ownership than on natural resources.

Wealth exists to be sharedGoodsLegitimately owned always have a universal destination any type of improper accumulation is immoral.

For the Love of money is the root of all evils; it is through this craving that some have wondered away from faith.- ( 1 Tim 6:10 )

The Teaching on Wealth among the Fathers of the Church.

Right to Economic InitiativeEveryone has the right to Economic Initiative.Mans principal resource is man himself.Free and responsible initiative in the economic sphere.The state has the moral obligation to enforce strict limitation s only in cases of incompatibility between the pursuit of common good and the type of economic activity proposed or the way it is undertaken.