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Pope Blames Markets for Environment’s Ills
Wall Street Journal ^ | June 18, 2015 | Francis X. Rocca

Posted on 06/24/2015 4:43:46 AM PDT by expat_panama

ROME— Pope Francis in his much-awaited encyclical on the environment offered a broad and uncompromising indictment of the global market economy, accusing it of plundering the Earth at the expense of the poor and of future generations.

In passionate language, the pontiff attributed global warming to human activity, blamed special interests for holding back policy responses and said the global North owes the South “an ecological debt.”

The 183-page document, which Pope Francis addresses to “every person living on this planet,” includes pointed critiques of globalization and consumerism,...

[snip]

“Economic powers continue to justify the current global system where priority tends to be given to speculation and the pursuit of financial gain,” he writes. “As a result, whatever is fragile, like the environment, is defenseless before the interests of the deified market, which become the only rule.”

The Vatican published the document, titled “Laudato Si” (“Be praised”), on Thursday. The official release came three days after the online publication of a leaked version by an Italian magazine.

[snip]

The encyclical had been of enormous advance interest, especially after Pope Francis said he hoped it would make a contribution to an international environmental summit this autumn. Several oil companies offered their input to the Vatican office tasked with drafting the document.

Samuel Gregg, a Catholic who serves as director of research for the Acton Institute, a conservative ecumenical think tank that advocates for a free market, took exception to the pope’s economic premises, saying Pope Francis has “significant blind spots” with regard to market economies.

“When you read through the text, you find the free market, and finance in particular, is identified more or less as responsible for many environmental problems,” Dr. Gregg said. “It’s almost a subterranean theme of the encyclical.…In many respects, it’s a caricature of market economies.”

(Excerpt) Read more at wsj.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: economy; investing; pope
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To: outofsalt
Commienus vobiscum

Sede vacante

21 posted on 06/24/2015 5:20:02 AM PDT by NY.SS-Bar9 (Those that vote for a living outnumber those that work for one.)
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To: expat_panama

Just because an old priest in a dress says it is, DOESN”T MAKE IT SO!


22 posted on 06/24/2015 5:20:22 AM PDT by wetgundog ("Extremism in the Defense of Liberty is No Vice" -AuH2O)
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To: expat_panama

This Marxist is an absolute embarassment to Catholicism and Catholics, though some of them may not realize it.


23 posted on 06/24/2015 5:21:09 AM PDT by Lion Den Dan
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To: bert
Beware the Vatican....... it is at root, evil

Bert, you are full of crap.

24 posted on 06/24/2015 5:23:23 AM PDT by Lion Den Dan
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To: expat_panama

Perhaps we need a free market for Popes and then we could at the vary least price them appropriately.


25 posted on 06/24/2015 5:23:52 AM PDT by 1010RD (First, Do No Harm)
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To: NY.SS-Bar9
It's epidemic.

26 posted on 06/24/2015 5:25:01 AM PDT by outofsalt ( If history teaches us anything it's that history rarely teaches us anything.)
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To: expat_panama

Marx’s ideas are evil.
Why is this guy so attracted them?


27 posted on 06/24/2015 5:27:43 AM PDT by HereInTheHeartland
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To: Vaquero

>>Wait till the Marxists take over....the first thing to go? The Church

There’s the Created Thing that Jesuits/Marxists call “The Church” - and then there’s the body of Christ.

They are not the same thing.


28 posted on 06/24/2015 5:30:35 AM PDT by HLPhat (This space is intentionally blank.)
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To: HereInTheHeartland

>>Marx’s ideas are evil.
>>Why is this guy so attracted them?

Because it was Jesuits like Francis who gave Marx “his” ideas?

http://www.marxist.com/the-jesuit-pope-who-is-francis-and-who-he-pretends-to-be.htm

http://www.google.com/#q=Marx+Jesuits


29 posted on 06/24/2015 5:37:59 AM PDT by HLPhat (This space is intentionally blank.)
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To: Torahman

I was shocked at how brazenly political the encyclical was. It went far beyond a well-intentioned clergyman buying into bad science, or even standard Argentinian boilerplate screeds against free market capitalism. This thing reads like it was written in an OWS encampment.


30 posted on 06/24/2015 5:41:39 AM PDT by Buckeye McFrog
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To: The_Media_never_lie

Not to mention turn off the AC, and pull all the Swiss Guards.


31 posted on 06/24/2015 5:41:48 AM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: Daveinyork
He might as well just come out and say that human beings cannot be trusted with freedom.

Which is so diametrically opposed to Scripture it will make your head explode.


32 posted on 06/24/2015 5:42:38 AM PDT by Buckeye McFrog
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To: redgolum

I get an envelope every month marked “Second Collection to Defray Heating and Air Conditioning Costs”. LOL!


33 posted on 06/24/2015 5:43:40 AM PDT by Buckeye McFrog
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To: Buckeye McFrog

What bothers me most is that the Pope should have just one focus at this time. That would be to stop the slaughter of Christians and other minorities.


34 posted on 06/24/2015 5:47:01 AM PDT by grania
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To: Buckeye McFrog

>>like it was written in an OWS encampment.

Or a Jesuit Reduction (commune) in Paraguay, perhaps?

http://www.google.com/#q=Jesuit+Reductions+Paraguay


35 posted on 06/24/2015 5:52:39 AM PDT by HLPhat (This space is intentionally blank.)
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To: expat_panama

Holy asshole batman!


36 posted on 06/24/2015 5:56:38 AM PDT by longfellow (Bill Maher, the 21st hijacker.)
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To: The_Media_never_lie

“If the Pope would sell off all the Vatican City assets, and donate them to the poor, wouldn’t the poor be better off? Maybe he should do this first, then he would have the moral high ground to criticize y .”


Here we go again with such nonsense. Exactly who would buy the Vatican’s library of priceless book, and who would be good stewards of such treasure?

There are enough good arguments against PF’s critique of free markets without resorting to tired old anti-Catholic drivel, The treasures of the Vatican are not for sale. In reality they belong to the human race, especially the Western world.


37 posted on 06/24/2015 5:57:11 AM PDT by Gumdrop
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To: expat_panama

So when pope F. meets and greets the bigwig globalists at the various world summits, will he upbraid them or even mildly criticize them for their over the top conspicuous consumption and enormous carbon footprints?


38 posted on 06/24/2015 6:00:19 AM PDT by grumpygresh (My real thoughts have been self censored.)
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To: HLPhat

once again...my late uncle was a Jesuit, and anything but a Communist. Apparently many of his compatriots were though.


39 posted on 06/24/2015 6:05:02 AM PDT by Buckeye McFrog
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To: Buckeye McFrog

Once again, was he a Jesuit Banker?


40 posted on 06/24/2015 6:09:23 AM PDT by HLPhat (This space is intentionally blank.)
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