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This, combined with new increases in oil prices, appears to have spooked investors who are now, in the face of rising prices, are Top Rerum Novarum: A Catholic Defense of Private Property Sat, 16 May 2026 12:34:00 -0500 One of the most well-known documents produced by the Church in the contemporary era is Pope Leo XIII’s Rerum Novarum, published in 1891. Civil tensions and demands, and emerging market structures, did not allow papal sensibilities to ignore...