Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: SeekAndFind

It’s fascinating to see people try to defend the Pope on this. He wasn’t speaking ex cathedra. His context was quite clear. What he said is fairly hostile to the idea of free markets. He even used the straw man formulation of “some people”, which is a lot like “there are those who say ...”. He implies that free markets are controlled, but doesn’t say what would control his preferred alternative. Any entity given the power to allocate resources like the market will be as corrupt as the men running it.

Where markets are more free, there is more prosperity, more inclusiveness, and better material circumstances for the poor.


29 posted on 12/02/2013 8:38:23 AM PST by cdcdawg (Be seeing you...)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: cdcdawg
a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world. This opinion, ... expresses a crude and naïve trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system.

He really doesn't seem to understand the Invisible Hand. No goodness required.

OTOH, putting power to control the economy into human hands DOES require "crude and naïve trust in the goodness of those wielding economic power."

32 posted on 12/02/2013 8:49:01 AM PST by Sherman Logan
[ Post Reply | Private Reply | To 29 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson