Skip to comments.The Pope's attack on capitalism shows he knows nothing about how the world really works
Posted on 06/22/2014 7:45:13 AM PDT by RoosterRedux
The Popes latest critique this week was equally unfounded, blaming speculators for high food prices. The few derive immense wealth from financial speculation while the many are deeply burdened by the consequences, he said, claiming that speculation on food prices is a scandal which seriously compromises access to food on the part of the poorest members of our human family.
Those who buy and sell and seek to predict the future perform a crucial and legitimate social function; without them, the economy would lurch from over-supply to under-supply. Markets would be horrendously opaque and illiquid, with some consumers paying far more than others for identical products. When the price of food goes up, it means experts collectively feel demand will rise or supply will fall; thanks to such speculation, market prices are the best possible early warning signal. They allow farmers to plant more of the right kinds of crops, and futures markets allow them to insure themselves against price changes. Speculators who keep getting it wrong go bust.
(Excerpt) Read more at telegraph.co.uk ...
Hey Working American Catholics!
Cut all tithes with Rome.
Productive capitalism creates the wealth that makes social justice and charity possible.
Cue the WTPRM (What the Pope Really Meant) crowd in 3...2...1...
Mr. Speaker, people on all levels of income are better off than they were in 1979. The hon. Gentleman is saying that he would rather that the poor were poorer, provided that the rich were less rich. That way one will never create the wealth for better social services, as we have. What a policy. Yes, he would rather have the poor poorer, provided that the rich were less rich.
Good post. Thanks!
Nancy Pelosi is a pro-abortion “Catholic” who has cut all ties to Rome. Despite the Pope’s apparent ignorance on certain aspects of capitalism, someone must set the example on the more important things.
I meet very few South Americans of any stripe who don’t accept the basic Marxist tenets, in some form, of class struggle, vague collectivism, statism and central planning. I see the Pope is no different, he’s probably never thought about it - so no surprises there.
Spanish history was always one of top-down rule, from kings and their viceroys to fascists, communists and their statism and central planning. This authoritative, classist system was transferred to their colonies and they have stewed in it for 500 years. Very few South or Central Americans I meet understand individual liberty, the rights of the individual and his property, and free-market capitalism. These countries’ low-information voters greatly outnumber even our own here in the USA.
Its why the American left wants to import the lowest levels of these societies into the USA as quickly as possible.
Tithes, I said tithes.
A Catholic priest, bishop, or Pope....is only an expert at one thing...reading off the Bible scripture. Beyond that....they can’t tune carburetors,repair a leaking roof, lay bricks, herd cattle, run a flea market, or operate a pub. Any time they want to offer up advice on capitalism or the best time of year to plant corn, I wouldn’t waste much time with them.
I know plenty of Protestant ministers who are just as fuzzy on business and free markets, but they don't have the same audience size.
Please give up the “my brand of Christianity is better than your brand” mantra that has become all too frequent here on FR. And don’t point fingers and claim one side started it or one side is worse than the other. You’re all equally guilty. We have bigger fish to fry right now, and quoting scripture to one another from the anonymous comfort of your keyboard is futile. This is a political site, and while religion and politics do intermingle, the religious arguments here turn it into something different.
If you want to bicker and argue over who is correct, please start your own site regrading Catholicism vs. Protestantism.
And that hits directly at what liberalism — and its foundation, marxism — are all about.
This article isn’t about religion. It is about the Pope and his efforts to push Marxism.
Could NOT agree more. Well said “goodwithagun”.
This is the first, and only, religious discussion I have posted to but felt it important to echo your sentiment. Sometimes those who “freak out” when their beliefs are questioned and scream “tyranny” are among the first to question others’ beliefs.
Which is intended to bash Catholics. Yes, we’re all aware of the purpose of posting this article, regardless of the article’s topic. The cooler heads prevailing are on to you.
There is a continuum from anarchy to capitalism to socialism to communism. Under anarchy nobody owns anything. Under capitalism people who use property to create things of value for other people own the property they use. Under communism, the state owns everything, and whether anything of any value to anyone is produced is irrelevant.
This is not about Catholicism. It is about the Pope's naivete when it comes to business.
And, BTW I am not anti-Catholic and I don't think the author of this article meant it as anti-Catholic.
From the article...
There can be no doubt that Pope Francis is a devoted and selfless man who has dedicated his life to serving others. A phenomenal theologian, he abhors war and poverty and is an inspiration to hundreds of millions of believers; he has gained widespread respect even among those who disagree with the Roman Catholic churchs teachings.
So it is with great sadness that I must take exception to the Popes views on economics and business. His hostility to capitalism, shared by the Church of England, is tragically misplaced.
Not this crap again. “Oil speculators don’t affect oil prices” has been debunked quite thoroughly here and elsewhere, so it can’t be ruled out for food prices.
“someone must set the example on the more important things.”
What are you more important things?
Mamon or Spiritual
The Church does not have more importation things on its mind. It has not seen fit to excommunicate the Pelosi.
I'll offer you two examples that immediately come to mind: the late Fr. Stanley Jaki, a theologian and physicist who spent much of his career debunking so many of the myths surrounding the "settled science" of evolution; and Fr. Tadeusz Pacholczyk, one of the top advocates for human life in the Catholic Church (he did his graduate work at Harvard and Yale, and has a PhD. in neuroscience.
And now when I disagree with the Pope's desire to spread the wealth via Marxism, I am called a "Catholic basher."
The new pope:
islamics aren’t that bad
everyone goes to heaven
Did I miss anything?
So anti capitalism is religion...who would of thunk it
The Pope is a public figure. Millions listen to him. When he makes political speeches it is perfectly reasonable to discuss it on a political chat site.
Sources for your statements, please.
Presbyterians just jumped the shark also, makes one wonder what is going on, with Catholics and Protestants.
There is nothing moral/immoral about prices. They are simply information reflecting the balance between supply and demand. The surest way to guarantee want and deprivation is to mess with prices. That is immoral.
I am a regular practicing Roman Catholic and I am amazed at how many fellow Catholics are completely ignorant on basic business as well as economic laws.
These folks are as unfamiliar with Henry Hazlitt, Milton Friedman or FA Hayek as they are with the Democrat Party (in which they cast their vote) that supports Abortion as well as homosexuality marriage.
To non-Catholics, trust me, their is a cold war simmering in the Catholic Church between the Conservatives and lefties.
Unfortunately the purpose of these posts is to create another thread of Protestant vs. Catholicism. Read my original post to see that is what I meant.
If the regular Catholic bashers and Protestant bashers want to hash it out, they can do so on their own site. However, they are incapable of rational discussion regarding the actual article topic.
That’s not what I posted.
I have an old friend who is a minister and a big Obama supporter.
When I ask him why he wants to raise taxes, he says, "it's charitable."
I respond by asking "what is charitable about taking money that doesn't belong to you and giving it away?"
He just looks at me with that weird look on his face. "Don't you care about the poor, he says?"
Do you see any Catholic bashing on this thread?
I agree Pelosi should be excommunicated for promulgating abortion. That shows the Vatican’s weakness in the face of politics. Jesus didn’t preach economic theory, however, nor advocated any kind of socialism, like liberals often claim. Spreading The Word and doing works of charity should be foremost on the minds of church leaders.
This article is about what this pope stated in his apostolic letter last year. In which he criticizes ‘trickle down economics’, which he stood by, after given a chance to blame translators
I have read the document and I think the author here is correct. And I have to trust that this pep is right for our times, and I disagree with his criticism which is an opinion piece and not subject to infallibility if I am correct
None of this is about renegade nuns who are not in keeping with the church teaching on abortion
But you will be in company here with those who enjoy a good anticatholic pile on
I read your post. You are wrong.
Sure it is.
This tread is about the popes view on capitalism and you go on about religion
If you are bothered ask the admins to move the thread to the religion forum, oh wait it’s not about religion - never mind
Actually, there is a strange absence of that lately. I suspect the Irish septic tank scandal has the usual suspects lying low.
To which a good reply would be “not any more”.
I’m not wrong, you are. There. We can both play your silly game.
Let me qualify that. You are wrong about this thread.
You are right that there is way too many posts about
“All [Catholics/Protestants] are going to hell. I also wish FreeRepublic would do something about that.
One suggestion I’ve made for years is to allow readers to UNVIEW the religious threads. Especially the “caucus” threads. Which are insane. They shove it into your face and you are not allowed to comment.
If any bashing occurs on this thread, let's politely ask them if they would please stay on topic.
With that I can completely agree. When I first saw this post, my mind went immediately to what usually happens with these posts. As it is, that has not happened this time. I’m glad of this.
And the proselytizing has just out of control. Dozens of posts every day about “10,000 reasons why I [left/came home to] the Catholic Church”
I’m not Catholic either, and as I previously posted there are the usual suspects that take an article like thus and turn it into a holy war. That has not happened on this thread, but it is the type of article that typically generates those comments.
I have other sources of news about my faith.