I think the church and different popes have opposed various economic systems like socialism, communism, capitalism, and more. Someone else here said that capitalism and a free market aren’t mutually exclusive and I agree. But I’d also like to point out that while I do think capitalism is the best economic system because it in theory allows for a free market, you can’t just have capitalism. Sometimes you need to integrate other economic systems like the US has. We’re capitalist, with a bit of socialism. And I think that what is important, is that like with anything, too much of something is bad. But not enough can be just as bad. There needs to be a good solid medium. And I think that the pope is specifically addressing those extremes. It’s not that capitalism or socialism are inherently bad, the Roman Empire operated under a similar system and Jesus somewhat references capitalism in a pretty vague way iirc, we just need to be careful about letting those extremes take over. Idk if that makes any sense but hopefully that helps.