Pope Francis bashes the free market

Is our new pope losing it?

You would think so, looking at the above-linked list of stories. Note, however, what one of them has, about free-market capitalsm:

Since taking over as head of the Roman Catholic Church in March, Pope Francis has made several stark comments on world economic issues: He’s cited the pitfalls of capitalism, decried global income inequality and equated low-wage labor to a form of “slavery.”

He’s even described the financial corruption in the church he leads as a “spiritual sickness.”

Analysts say Pope Francis—leader of some 1.2 billion Catholics—is not necessarily calling for the demise of free market theory. Instead, he’s issuing a very strong warning to economic leaders over its future.

Etc. This CNBC piece is well constructed. But the problem remains: Pope F. shoots from the hip at times, and what came across as fresh air in his early dispensing with paraphernalia and folderol is beginning to look like erratic behavior, leading to headlines like:

* Can savage capitalism be humanized?

* A blunt Pope Francis targets free market economics (excerpted above)

* Unbridled capitalism has taught people that money is more important than anything else . . .

[Please. People didn’t know that already?]

* Is Jorge Bergoglio, The New Pope Francis, A Capitalist?

In any case, the looser he is with his condemnations, the more easily is he disregarded. Finger-wagging is bad in dealing with gays and abortionists but not with captains of industry? or lieutenants or sergeants? For whom he has thunderbolts?

Plus, he might compare wealth creation and distribution in free-market vs. socialistic economies before condemning one of them. Wild talk will get him nowhere in his evangelical enterprises.

3 thoughts on “Pope Francis bashes the free market

  1. Does Robert Barron have anything to say about Francis’ recent ramblings?   Check out my new novel, “Madness:The War of 1812,” at http://www.madness1812.com More information about me as a Chicago Tribune columnist, blogger, social networker and freelance writer/editor is available at  http://www.dennisbyrne.net

    >________________________________ > From: Blithe Spirit >To: dennis@dennisbyrne.net >Sent: Tuesday, September 24, 2013 10:19 PM >Subject: [New post] Pope Francis bashes the free market > > > > WordPress.com >Jim Bowman posted: “Is our new pope losing it? You would think so, looking at the above-linked list of stories. Note, however, what one of them has, about free-market capitalsm: Since taking over as head of the Roman Catholic Church in March, Pope Francis has made several” >

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    1. Indirectly, as in this from the Vat 2 document “Gaudium et spes,” 2nd part, which he delivered with enthusiastic approbation: Economic power should go to people, not “a few powerful” people. This power should be “widely spread throughout society.” Ditto political power. Profit-making itself encourages others to try the same and thus “spreads wealth around” as others do try. Thus are honored the two Catholic social principles, subsidiarity and solidarity. More later on Barron, our new Fulton Sheen.

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