TheoFonsAt the sources of the faith

Mater et Magistra

MM · John XXIII · 1961 · EN · 264 paragraphs · vatican.va ↗ · AAS 53, p. 401 ↗

Private enterprise too must contribute to an economic and social balance in the different areas of the same political community. Indeed, in accordance with "the principle of subsidiary function," public authority must encourage and assist private enterprise, entrusting to it, wherever possible, the continuation of economic development.