Pope Francis waves after delivering the Angelus prayer from his window on the day of the release of his new encyclical, titled 'Fratelli Tutti' , at St. Peter's Square at the Vatican, October 4, 2020.Pope Francis said on Sunday that the COVID-19 pandemic was the latest crisis to prove that market forces alone and “trickle-down” economic policies had failed to produce the social benefits their proponents claim.
The pope says in the first line of the 86-page encyclical that St. Francis had “addressed his brothers and sisters” that way. In the document, he uses the term “men and women” 15 times and speaks several times about defending the rights and dignity of women.The encyclical, which Francis signed in Assisi on Saturday, covers topics such as fraternity, immigration, the rich-poor gap, economic and social injustices, health care imbalances and the widening political polarization in many countries.
Francis denounced “this dogma of neo-liberal faith” that resorts to “the magic theories of ‘spillover’ or ‘trickle’ … as the only solution to societal problems”. A good economic policy, he said, “makes it possible for jobs to be created and not cut”.The 2007-2008 financial crisis was a missed opportunity for change, instead producing “increased freedom for the truly powerful, who always find a way to escape unscathed”. Society must confront “the destructive effects of the empire of money”.
Those with much must “administer it for the good of all” and rich nations are obliged to share wealth with poor ones. But he said he was “certainly not proposing an authoritarian and abstract universalism”.Some ultratraditionalist Catholics have accused Francis of secretly backing a perceived plot for a “One-World Government,” a debunked conspiracy theory.
Correct.
Did the pope just figure this out? Where has the Vatican been!
He is a bloody communist, the greatest schism of catholic church is coming. This mafioso is highly opposed by the Curia.
Has Pope Francis signed a deal with the Devil? Remembering how that did not go well for Hitler.
He’s 100% correct.
It is interesting to know that Pope tends to support socialism.
It's interesting to me (a noncatholic) that most of the criticism attacks Catholicism, not the economic ideas the Pope presents. Is he right or wrong, I don't know, but it appears that those who put faith in the economy were disappointed at its failure to compete with Covid-19.
That’s what imrankhanpti said few days earlier in UN speach that countries should’ve come together But countries chose taking sides and start wars. This war act is just shameful.
🤣
Is he now a far left poop?
Oh and religion has been so much better...foh with fairytales.
Riiiight. Because he's an economist.
Does not matter what he says or doesn’t say. Let him then give over to the government’s if the world the properties that the Catholics own. They are masters of bleeding government! And say does the word petophilia mean anything?
So the dude is an economist too - a jack of all trades but a master of none
When did this theologist become an economist we should listen to?
The pope needs to get his own house in order, maybe spend a little more time doing something about all the pervert priests molesting children...
Cool and as a Catholic when I show up at the Vatican for my share of the wealth, will that be OK?
Infallibility is a wondrous gift.
I see he’s been guzzling the altar wine again.
We know! -America
Says the man who practices kiss my ring politics with the masses. The one who holds himself far above those he views as inferior. Has there ever been a more radical left wing pope? Maybe during WWII.
Should not be dabbling in politics unless they are going back in time to their pandering with the Nazis!!
Truthful though: nothing but a trickle.
From the organization that brought you the Spanish Inquisition and the Dark Ages comes criticism of the system that ended hunger, poverty, created actual miraculous wonders and more than doubled life expectation.
The Catholic sheep world wide pays for his and Vatican upkeep...hallow be the nonsense.
Pontifex Vatican should rethink the relationship with China. 'Christianity crackdown in China as cross torn down and 'demolished’ from church'
The Pope disagrees with a free market? Does he also disagree with freedom? And why is the pope getting involved in politics...he was elected pope by a small group of cardinals...hardly representative of the world’s population...
Did Xi Jinping tell him to say this?
no doubt, but government markets fail the economy and individuals.
Conservatives: the poor don't pay taxes. They're a burden on society. Conservatives: Trump is a genius for not paying taxes.
I'm done with this socialist anti-pope. I was raised Catholic but now I am going to protestant services.
nytimes FoxNews realDonaldTrump JoeBiden He is not a hypocrite, and vatican first give away its properties and Pontifex and his rich family do follow. Communist seize private properties as well as vatican did in middle ages both in good names (For God and poors) Results
First bright thing he's said in a while.
He should stick to talking to his imaginary friend
This is why protestants moved to North America.
So does fucking little boys but hey.... capitalism
And socialism has worked out GREAT! Oh, wait....
Actually they are fine. I wouldn't ask anything about economics of a South American pope.
This from a man who lives in a building filled with gold and priceless treasures! A man who refused to say “sorry,” to young men and women who were raped by priests in residential schools! Worse even, he helped protect the abusers! Disgusting!!
The pope jumping on the great reset it seems.
Really meanwhile the Vatican is one of the richest markets in the world that does not trickle down
Meanwhile, the very wealthy and corrupt Catholic Church does little to nothing to help the poor
Technically Vatican is run on Social assistance from those who follow the free market, profit as a result of it and have enough to donate.
Sure, let’s talk about how religion in third world countries works.
That’s why the pope is kissing Chinese as*es now.
youre receiving donations from the descendants whose families your ancestors ruined during the crusades.
Has he disclosed the contribution to the Vatican from the CCP?
Umm no shit.
Interesting. Isn’t that exactly how Christianity got popular around the world .....?
Lool Vatican is only rich because you have followers willing to donate. Market is only followed by the rational.
The moment conservatives turn on the pope.
He’s running out of time to reform his institutions.
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Now do the Catholic Church
Start trickling down the Vatican wealth
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To read.
Pick a lane liberal/democrat. Pope or politician
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My guy the Pope knows that property is theft.
What does the Vatican know about economics? It has relied solely on pillaging and donations during its existence.
Duh!!!
Not my Pope
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