Money and the Rise of the Modern Papacy: Financing the Vatican, 1850 1950

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August 2008



John Pollard, a leading historian of the papacy, explores the transformation of the Vatican into a major financial power and the part money played in the development of the modern papacy. Using hitherto unexplored sources, he sheds new light on tensions between the Vatican's engagement with capitalism and the Church's social teaching, and conflicts between the Vatican and the Allies during the Second World War and the early Cold War.


1. Introduction; 2. The reign of Pius IX: Vatican finances before and after the fall of Rome (1850-1878); 3. The Pontificate of Leo XIII (1878-1903); 4. Vatican finances under the 'Peasant Pope', Pius X (1903-1914); 5. 'The great charitable lord'?: Vatican finances under Benedict XV (1914-1922); 6. 'Economical and prudent bourgeois'?: Pius XI, 1922-1929; 7. The Wall Street crash and Vatican finances in the early 1930s; 8. Vatican finances in an age of global consolidation, 1933-1939; 9. Vatican finances in the reign of Pius XII: the Second World War and the early Cold War, 1939-1950; 10. Conclusion; Appendices; Bibliography; Index.


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).


Review of the hardback: 'Money and the Rise of the Modern Papacy is clearly structured and generally lucidly written, with a refreshing absence of academic jargon. John F. Pollard has much of interest to say about the abilities and personalities of the popes concerned, many of whom he astutely reassesses. ... this is indeed, as its publishers claim, a 'pioneering study'. Times Literary Supplement Review of the hardback: 'Italian banking scandals of the late 1970s involving the Vatican made the history of its finances a hot topic of enquiry. A genuinely scholarly study in English has hitherto been lacking, however, ... John Pollard's work gives the first adequate account of Peter's Pence in English and explores the Vatican's investment strategies to an unprecedented degree. It is prefaced by a thoughtful account of the development of the modern Papacy, which, by virtue of its analytical thrust as well as its incorporation of recent Italian research, is a valuable complement to the more textbook-style accounts of Owen Chadwick ... and Frank J. Coppa ... Pollard eruditely explores the dichotomy between the Church's social teaching and the financial practices of the Vatican: its avid pursuit of profit and its lack of concern as to where its investments were going.' Journal of Modern Italy Review of the hardback: 'Any scholar with an interest in the modern Church or Italian history should read this book, but even fans of Dan Brown might enjoy it.' Journal of Ecclesiastical History
EAN: 9780521812047
ISBN: 0521812046
Untertitel: New. Sprache: Englisch.
Erscheinungsdatum: August 2008
Seitenanzahl: 288 Seiten
Format: gebunden
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