Is The Pope Against Capitalism And Free Markets?

By Dan Cirucci | Dan Cirucci’s Blogspot

Pope FrancisThere is growing concern about what appear to be recent attacks on free markets and on capitalism itself by Pope Francis.

Mary Anastasia O’Grady has analyzed all this quite objectively in the Wall Street Journal. Here’s part of what she has to say:

In the document released last week he [Pope Francis] admonished those who defend “trickle-down theories, which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world.” There is no empirical evidence for this, he wrote. It is instead “a crude and naive trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system.”

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43 thoughts on “Is The Pope Against Capitalism And Free Markets?

  1. In or about 1850 Roman Catholics began to migrate 'en masse' to the New World…..by 1890 there was a continual flow of our forebearers to this land. As might be expected they were met with disdain, derision and discrimination of unbelievable intensity…..The "KNOW-NOTHINGS" and other anti-Papist groups spread the most salacious lies about our forebearers…..amongst other things "THEY" said is the Pope would confiscate property….fortunately our grandfathers through hard work, great perseverance, phenomenal work ethic, patriotism, an unyielding loyalty to the American dream and yes, capitalism, proved those falsehoods to be the great LIES they were and American Catholics earned…EARNED..EARNED a rightful place in the American spectrum……circa 2013….along comes this whacko Pope Francis and states the most outrageous economic theories for a clergyman, spouting Keynsian eco-101 and gives great truth to the lies spread about Catholics for the past 130 years…….his own socialist country (Argentina) is in economic doldrums and has been for decades……Statements like this is why a great multitude (along with the addiction to minors that is a worldwide problem) have left and stopped subscribing to papal infallibility…this venture into macro-economics by a priest strains credulity….really an out of line statement and shows he still needs time to mature into his office.

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