Monday, October 05, 2020

Pope Francis is correct about the failures of market capitalism. But there's a small problem ...

The current Pope's economic critiques make a great deal of sense. So much so that even as an atheist, it means I'm tempted to make common cause with the Church. The problem is the Pope's theological obligations, which tend to take away what the Holy Father's economic platform giveth. We pagans tend to be burned first. 

But I'll give Francis major props for daring to tackle the prevailing neoliberal dogma, even while being sure I'll hear about it, probably from the economists first.


Pope Francis Laments Failures Of Market Capitalism In Blueprint For Post-COVID World, by Sylvia Poggioli (NPR)

Pope Francis has presented his blueprint for a post-COVID-19 world, covering a vast number of issues from fraternity and income inequality to immigration and social injustice.

The document, released Sunday, is his third encyclical — the most authoritative form of papal teaching.

Its title is Fratelli Tutti, and it is a scathing description of laissez faire capitalism and a meditation on the coronavirus pandemic that has swept across the globe.

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