Pope Francis denounces ‘trickle-down’ economic theories

Posted in the Minneapolis Forum

Busybody

Minneapolis, MN

#1 Nov 26, 2013
Pope Francis on Tuesday sharply criticized growing economic inequality and unfettered markets in a lengthy paper outlining a populist philosophy that he says will guide his papacy as he pushes the Catholic Church to reach out more, particularly to the disenfranchised.

Using sharply worded phrases, Francis decried an “idolatry of money” and warned it would lead to “a new tyranny.” And he invoked language with particular resonance in the United States, attacking an economic theory that discourages taxation and regulation and which most affiliate with conservatives.

It’s the “boldness and explicitness” of the pope’s new writing that makes it so newsworthy, said Michael Sean Winters, a fellow at Catholic University’s Institute for Policy Research and Catholic Studies.

Yet while previous popes discussed the disenfranchised, they didn’t single out the issue the way Francis has. He has not only done so with his words, but in his actions, such as paying his own hotel bill in person or affectionately embracing a man disfigured by disease.

Experts see Francis as trying to reframe economic justice not just a matter of duty but as a way of connecting better to God.

READ THE DOCUMENT/

http://www.scribd.com/doc/187329248/Pope-Fran...

Read more: http://www.washingtonpost.com/business/econom...
cantmakeitup

Minneapolis, MN

#2 Nov 26, 2013
It is refreshing to hear a true Christian speak.
Irish Isnt a Catholic

Clifton, NJ

#3 Nov 26, 2013
Using sharply worded phrases, Francis decried an “idolatry of money” and warned it would lead to “a new tyranny.” And he invoked language with particular resonance in the United States, attacking an economic theory that discourages taxation and regulation and which most affiliate with conservatives.
Irish Isnt a Catholic

Tempe, AZ

#4 Nov 27, 2013
Using sharply worded phrases, Francis decried an “idolatry of money” and warned it would lead to “a new tyranny.” And he invoked language with particular resonance in the United States, attacking an economic theory that discourages taxation and regulation and which most affiliate with conservatives.
redeemer

Saint Paul, MN

#7 Dec 6, 2013
At last the Church got a real Pope and a Man of God
in the leadership of the Church and it's driving the GOTP crazy supply side/trickle down economics is a fraud system design for the haves to have more.
redeemer

Saint Paul, MN

#10 Dec 13, 2013
redeemer wrote:
At last the Church got a real Pope and a Man of God
in the leadership of the Church and it's driving the GOTP crazy supply side/trickle down economics is a fraud system design for the haves to have more.
Congrats Time magazine you this Man of the year right Man of the Year a Reformer..

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