The text is an attempt to read the Leo XIII’s encyclical “Rerum Novarum” (1891) in the context of Catholic entrepreneurship. The author proposes three theses in the article. Firstly, Max Weber’s view that Protestant ethics promotes the development of entrepreneurship better than the Catholic one was popularized in the literature. Secondly, the doctrine of the Catholic Church provides a lot of inspirations for carrying out an effective social and economic activity. Thirdly, the encyclical “Rerum Novarum” was the reference point for the Catholic entrepreneurship already at the end of the 19th century. The considerations are supplemented by some references to the history of social and economic thought and German economic history in the 20th century.
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