Pope John XXIII
Mater et Magistra §73
Mater et Magistra: On Christianity and Social Progress
73 In view of the rapid expansion of national economies, particularly since the war, there is one very important social principle to which We would draw your attention. It is this: Economic progress must be accompanied by a corresponding social progress, so that all classes of citizens can participate in the increased productivity. The utmost vigilance and effort is needed to ensure that social inequalities, so far from increasing, are reduced to a minimum.
Source: Mater et Magistra (Vatican.va)