CSDC 177

Christian tradition has never recognized the right to private property as absolute and untouchable: “On the contrary, it has always understood this right within the broader context of the right common to all to use the goods of the whole of creation: the right to private property is subordinated to the right to common use, to the fact that goods are meant for everyone” John Paul II, Encyclical Letter Laborem Exercens, 14: AAS — Acta Apostolicae Sedis (official gazette of the Holy See)Volume 73 (1981) at vatican.va — scanned PDF (1981), 613.. The principle of the universal destination of goods is an affirmation both of God's full and perennial lordship over every reality and of the requirement that the goods of creation remain ever destined to the development of the whole person and of all humanity Cf. Second Vatican Ecumenical Council, Pastoral Constitution Gaudium et Spes, 69: AAS — Acta Apostolicae Sedis (official gazette of the Holy See)Volume 58 (1966) at vatican.va — scanned PDF (1966), 1090-1092; Catechism of the Catholic Church, 2402-2406.. This principle is not opposed to the right to private property Cf. Leo XIII, Encyclical Letter Rerum Novarum: Acta Leonis XIII, 11 (1892), 102. but indicates the need to regulate it. Private property, in fact, regardless of the concrete forms of the regulations and juridical norms relative to it, is in its essence only an instrument for respecting the principle of the universal destination of goods; in the final analysis, therefore, it is not an end but a means Cf. Paul VI, Encyclical Letter Populorum Progressio, 22-23: AAS — Acta Apostolicae Sedis (official gazette of the Holy See)Volume 59 (1967) at vatican.va — scanned PDF (1967), 268-269..

Read the full chapter CHAPTER FOURPrinciples of the Church’s Social Doctrine ¶160–208

Cited in 1