Recently, Pope Francis of the catholic church gave a ‘stunning’ speech condemning capitalism.
From the article:
“Just as the commandment ‘Thou shalt not kill’ sets a clear limit in order to safeguard the value of human life, today we also have to say ‘thou shalt not’ to an economy of exclusion and inequality. Such an economy kills…How can it be that it is not a news item when an elderly homeless person dies of exposure, but it is news when the stock market loses 2 points?”
“economic inequality features [is] one of the issues Francis is most concerned about, and the 76-year-old pontiff calls for an overhaul of the financial system and warns that unequal distribution of wealth inevitably leads to violence… ‘As long as the problems of the poor are not radically resolved by rejecting the absolute autonomy of markets and financial speculation and by attacking the structural causes of inequality, no solution will be found for the world’s problems or, for that matter, to any problems,’ he wrote.”
While the catholic church has condemned socialism in the past, the Pope’s new tone is surprising to many, given the free market views shared by many of the faithful, particularly in the United States.