I confess, as a capitalist,  former owner of an auto recycling business, a manufacturer, and now a consultant to buyers and sellers of businesses, I love capitalism despite the heartlessness of the popular Ayn Rand social Darwinism that has been made mainstream through right wing extremists these past few election cycles.

It may be that the tipping point has finally been reached and the growing and mean spirited treatment of people unfortunate enough not to be born into wealth or family business (the working class, the middle class, & poor people) will become anathema to this next generation.  Trickle down economics days are numbered.  

Leading the charge is the powerful voice of Pope Francis.

For the first time in thirty years, I’m impressed with the rhetoric of the Catholic Church.  Religious news has been so grim for so long.  Outside of Mother Theresa, The Church has not presented itself well since the day Martin Luther King Jr. wrote Church leaders about their own lack of support of people of color in a bigoted America.

The meanness, self righteousness, and punishment values of the political Right have been so long & sustained that the fundamentals of Christian principles (Suffer the children, My brothers keeper etc) has not been heard at all.  As a CASA guardian ad-Litem, I’m pretty happy to hear his words (below)

Thank you Pope Francis

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In a new Evangelii Gadium, Pope Francis has condemned doctrinaire capitalism, “deified markets,” trickle-down economics, and the finance industry. He decried the growing gap between the rich and the poor, tax evasion by the wealthy, and characterized ruthless free-market economics as a killer that was inherently sinful.

“I am interested only in helping those who are in thrall to an individualistic, indifferent and self-centered mentality to be freed from those unworthy chains and to attain a way of living and thinking which is more humane, noble and fruitful, and which will bring dignity to their presence on this earth,” the pope wrote.

He also launched a broadside against former President Ronald Reagan’s signature economic theory, which continues to serve as conservative Republican dogma.

“Some people continue to 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,” Pope Francis wrote. “This opinion, which has never been confirmed by the facts, expresses a crude and naïve trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system.”

The pope lamented that people had “calmly accepted (the) dominion” of money over themselves and society, which he said was expressed in the recent financial crisis and the continuing promotion of consumer-based economies.

“We have created new idols,” the pope wrote. “The worship of the ancient golden calf has returned in a new and ruthless guise in the idolatry of money and the dictatorship of an impersonal economy lacking a truly human purpose. The worldwide crisis affecting finance and the economy lays bare their imbalances and, above all, their lack of real concern for human beings; man is reduced to one of his needs alone: consumption.”

Pope Francis rips capitalism and trickle-down economics to shreds in new policy statement [Travis Gettys/Raw Story]


1 Comment

  1. I had high hopes for Pope Francis, until I read this. Perhaps Pope Francis prefers the growing Marxist movement in the United States. A free market can give people hope. Freedom
    to own a business, grow a business . . . freedom.
    I am the daughter of immigrants who came to America not speaking English; working 2-3 jobs
    and refusing one single cent from the gov’t. My grandparents and many, many others made America strong, proud, patriotic, moral and great.
    Now we dumb people down; hand them money; encourage laziness and gov’t dependence under the guise of ‘caring for them.'(while we control them with handouts.) Yeah, right. A massive nation is now groveling under a frightening dictatorship.
    It sounds great in theory, ‘everyone gets health care;’ but take a look at what is happening.

    If Pope Francis really wanted to follow Jesus, he would teach about Jesus, and not try to
    manipulate financial markets. If people were changed from the inside – which is what Christ is
    talking about – their actions would reflect it. Jesus talks about ‘Christ in you, your hope of glory.’

    If Francis really wanted to be true to the Gospel, then he would immediately allow priests to
    marry. ( “in Christ there is no male or female . . .”)

    Pope Francis needs to look in his own backyard before he chastises anyone else. Exactly how many billions is the Vatican worth? Property, art collection . . .

    I was initially impressed with this Pope, but no more. “The Kingdom of God is not of this world. . .” It is my belief that the true mandate of Pope Francis is to preach Jesus Christ.

    Jesus said, “Seek ye first the Kingdom of God and all else will be added.” If Francis and
    churches in America today were to preach about God/Jesus you might see a whole lot more people
    changed. From the inside out.

    I also deplore Sunday morning Mass/Service at the mall instead of in church; the sewer-like morals of today; the shocking increase in child abandonment and rape, etc., etc. But telling people how they should act and not talking about who is this Jesus that our church is (supposedly) built upon; this son of God who loved us so much to come to earth, die and resurrect for us, wiping out our sins so we would have eternal salvation; this Jesus, whose Spirit dwelling in us can transform us from the inside out without a need of castigating rants from the Pope; — lack of this teaching and leadership, by a world Christian religious leader, is not being true to the central core of the Gospel. The Pope is giving us Liberation Theology. He has lost me.

    I am deeply saddened by this message. Pope Francis has missed a phenomenal opportunity to
    help transform the world by talking about Jesus. Instead, he takes pot shots at former Pres. Ronald Reagan. This is sad. BTW, why doesn’t he take pot shots at all the butchers in the Middle East who are beheading Christians by the tens of thousands?

    All he has shown is that he does not understand economics; does not understand how giving
    someone a job is infinitely superior to giving them a handout . . . and consequently controlling them.

    At a time when the world is in dire need of spiritual leadership and spiritual substance, we get, yet another, liberal politician. Only this one carries Rosary Beads.

    Carol Hudak

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