[source: Centesimus Annus, p. THREAT OF RADICAL CAPITALISM SPREADING IN WORLD [In the encyclical Centesimus Annus, after the collapse of the communist system, Pope John Paul II identified] "a risk that a radical capitalistic ideology could spread" [which refuses even to consider the realities in the Third World and the reality of human alienation, especially in the more advanced countries.] [source: Centesimus Annus, p. 42] DEBT CRISIS COULD UNDERMINE WORLD ECONOMY, SHOULD PURSUE DEBT CANCELATION [He specifically identifies the debt crisis, writing]: "it cannot be expected that the debts which have been contracted should be paid at the price of unbearable sacrifices. In such cases it is necessary to find - as is partly happening - ways to lighten, defer, or even cancel the debt, compatible with the fundamental right of peoples to subsistence and progress." [source: Centesimus Annus, p. 35] IT IS THE PURPOSE OF THE STATE, TO GUARANTEE SECURITY [In respect to the role of the state, he writes:] "Hence the principal task of the State is to guarantee this security, so that those who work and produce can enjoy the fruits of their labors and thus feel encouraged to work efficiently and honestly. The absence of stability, together with the corruption of public officials and the spread of improper sources of growing rich and of easy profits deriving from illegal or purely speculative activities, constitutes one of the chief obstacles to development and to the economic order. [source: Centesimus Annus, p. 48] POPE JOHN PAUL II: SPECULATION IS EVIL [In respect to the role of the state, he writes:] "Hence the principal task of the State is to guarantee this security, so that those who work and produce can enjoy the fruits of their labors and thus feel encouraged to work efficiently and honestly. The absence of stability, together with the corruption of public officials and the spread of improper sources of growing rich and of easy profits deriving from illegal or purely speculative activities, constitutes one of the chief obstacles to development and to the economic order. [source: Centesimus Annus, p. 48] SOLIDARITY WITH ALL OF HUMANITY, NOT JUST TO FAMILY OR TRIBE OR NATION This duty [of solidarity] is not limited to one's own family, but extends to all humankind. [source: Centesimus Annus, p. 51]