In fact, the encyclical presents a detailed critique of contemporary capitalism. Centesimus Annus. It came on the heels of the fall of … The Foundation is a lay-led non-profit organisation. Centesimus annus (Latin for "the hundredth year") is an encyclical which was written by Pope John Paul II in 1991 on the hundredth anniversary of Rerum novarum, an encyclical issued by Pope Leo XIII in 1891. Selling the News by Switchfoot 4. Money Money Money by Abba 6. This article was originally published in the September 1991 issue of Lay-witness, publication of the Catholics United for the Faith, The Treasures of Centesimus Annus and the Leadership Position of Catholic Social Teachings in the Post-Communist Era.. Heal the World by Michael Jackson 5. Pope John Paul II established the "Fondazione Centesimus Annus - Pro Pontifice" on 13 June 1993 along with lay Catholic business, academic and professional leaders. Page 1 of 1 - About 7 essays. Amidst the excitement of John Paul II’s beatification on May 1, the 20th anniversary of the late pope’s most important social encyclical Centesimus Annus, got a bit lost. If There’s a God in Heaven by Elton John 2. It clearly rejects the idea that the fall of communism reflects the victory of capitalism. Amidst the excitement of John Paul II’s beatification on May 1, the 20th anniversary of the late pope’s most important social encyclical, Centesimus Annus, got a bit lost.Blessed John Paul II was not a man given to rubbing it in. CENTESIMUS ANNUS Pope John Paul II's ninth encyclical, issued on May 1, 1991, commemorating the hundredth anniversary of Pope leo xiii's encyclical rerum novarum. Price Tag by Jessie J 3. Family Portrait by Pink 7. Centesimus Annus summarises Catholic objections to communism and explains the reasons for its failure. The encyclical Centesimus Annus was written in 1991 by Pope John Paul II on the one hundredth anniversary of Rerum Novarum. 3 Jan Carnogursky, "United Nations Symposium on Centesimus Annus" (October 14, 1991), L'Osservatore Romano, English, November 25, 1991, p. 9. The Centesimus Annus pro Pontifice Foundation from time to time organizes consultation meetings on questions related to the Economy and Common Good and/or Finance and the Common Good. John Paul's major social encyclical is divided into six sections. Blessed John Paul II was not a man given to rubbing it in. See the remarks on this topic in Centesimus Annus itself (#26). Centesimus Annus represents the beginnings of a shift away from the static zero-sum economic world view that led the Church to be suspicious of capitalism and to argue for wealth redistribution as the only moral response to poverty. 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