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Money and the Rise of the Modern Papacy on Hardback by John F. Pollard
Money and the Rise of the Modern Papacy on Hardback by John F. Pollard
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Money and the Rise of the Modern Papacy

Financing the Vatican, 1850–1950
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Description

This is a pioneering study of the finances and financiers of the Vatican between 1850 and 1950. Dr Pollard, a leading historian of the modern papacy, shows how until 1929, the papacy was largely funded by 'Peter's Pence' collected from the faithful, and from the residue the Vatican made its first capitalistic investments, especially in the ill-fated Banco di Roma. After 1929, the Vatican received much of its income from the investments made by the banker Bernadino Nogara in world markets and commercial enterprises. This process of coming to terms with capitalism was arguably in conflict both with Church law and Catholic social teaching and becoming a major financial power led the Vatican into conflict with the Allies during the Second World War. In broader terms, the ways in which the papacy financed itself helped shape the overall development of the modern papacy.

Author Biography:

John F. Pollard is a Fellow of Trinity Hall, Cambridge. He is the author of The Vatican and Italian Fascism, 1929-32: A Study in Conflict (1985).
Release date NZ
January 6th, 2005
Audience
  • Professional & Vocational
Illustrations
15 Halftones, unspecified
Pages
288
Dimensions
152x229x21
ISBN-13
9780521812047
Product ID
2485513

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