The new Pope talks like a socialist. Let’s see him put the church’s money where his mouth is.
Pope Francis urges global leaders to end ‘tyranny’ of money
Pope Francis has attacked the “dictatorship” of the global financial system and warned that the “cult of money” was making life a misery for millions.
He said free-market capitalism had created a “tyranny” and that human beings were being judged purely by their ability to consume goods.
“While the income of a minority is increasing exponentially, that of the majority is crumbling,” said Francis, who as archbishop of Buenos Aires visited slums, opted to live in a modest flat rather than an opulent Church residence and went to work by bus.
Money should be made to “serve” people, not to “rule” them, he said, calling for a more ethical financial system and curbs on financial speculation.
Countries should impose more control over their economies and not allow “absolute autonomy”, in order to provide “for the common good”.
The gap between rich and poor was growing and the “joy of life” was diminishing in many developed countries, the Argentinian Pope said, two months after he was elected as the successor to Benedict XVI.
In poorer countries, people’s lives were becoming “undignified” and marked by violence and desperation, he said.
Francis made the strongly-worded remarks in his first major speech on finance and the economy, during an address to foreign ambassadors in the Vatican.
It underlined a reputation he has established in the last two months for showing deep concern for the plight of the poor and vulnerable…
Capitalism does not create poverty, it generates wealth.
In general, more people today are living longer, richer lives than at any time in history. Remember, once upon a time the whole world was an “undeveloped” country.
Bad government, like we see in Argentina and Venezuela and much of the world, thwarts the creation of wealth. Too bad the Argentine Pope didn’t learn the truths right before his eyes.