Universal destination of resources and goods

The universal destination of goods is an idea in Catholic theology, by which the Catholic Church professes that the goods of creation are destined for humankind as a whole, but also recognizes the individual right to private property. In addition, political authority has the right and duty to regulate the legitimate exercise of the right to ownership for the sake of the common good. The Catechism of the Catholic Church says:

2403 The right to private property, acquired or received in a just way, does not do away with the original gift of the earth to the whole of mankind. The universal destination of goods remains primordial, even if the promotion of the common good requires respect for the right to private property and its exercise....

2405 Goods of production – material or immaterial – such as land, factories, practical or artistic skills, oblige their possessors to employ them in ways that will benefit the greatest number. Those who hold goods for use and consumption should use them with moderation, reserving the better part for guests, for the sick and the poor.

In 1967, Pope Paul VI wrote in the encyclical Populorum progressio:

Everyone knows that the Fathers of the Church laid down the duty of the rich toward the poor in no uncertain terms. As St. Ambrose put it: "You are not making a gift of what is yours to the poor man, but you are giving him back what is his. You have been appropriating things that are meant to be for the common use of everyone. The earth belongs to everyone, not to the rich."

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