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CENTESIMUS ANNUS
Centesimus Annus begins with a restatement and a current application of the major principles of Rerum Novarum. Pope John Paul II then addresses the relation- ship of the Church’s social teaching to major trends and events in the past one hundred years with a special emphasis on the events in Eastern Europe in 1989. He misses no opportunity to affirm human dignity and human rights. The encyclical notes the fall of “Real Socialism,” but cautions against thinking that this fall signifies a victory for capitalism.