Pope says free market, 'trickle-down' policies fail society

VATICAN CITY - 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.

In Italian, Fratelli means brothers but it is also used to mean brothers and sisters. The Vatican said it was taken from the"Admonitions", or guidelines, written by St Francis of Assisi in the 13th century to his followers and could not be changed. "There were those who would have had us believe that freedom of the market was sufficient to keep everything secure ," he wrote.

"The right to private property can only be considered a secondary natural right, derived from the principle of the universal destination of created goods," he said.The pope wrote that the belief of early Christians -"that if one person lacks what is necessary to live with dignity, it is because another person is detaining it" - was still valid.

Without naming countries or people, Francis condemned politicians who"seek popularity by appealing to the basest and most selfish inclinations" or who enact policies of"hatred and fear towards other nations".

As Leftist Global Citizens, if you don't like America, then why are you still here? It's a big world out there.

We often undermine the consequences on failed policies till when we've got hit

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Pope Francis Says Covid-19 Pandemic Shows Limits to Market EconomicsThe pope’s new 43,000-word encyclical echoes some of the major themes of his social teaching, including the rights of migrants and the poor, with a special urgency inspired by the global health crisis. francisco es un terrorista comunista No, you are on the same boat with the Communism. We are not. Tk Later
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Pope Francis Laments Failures Of Market Capitalism In Blueprint For Post-COVID WorldIn his blueprint for a post-COVID-19 world, Pope Francis says free-market capitalism can't resolve every problem — and denounces 'this dogma of neo-liberal faith that resorts to the magic theories of spillover or trickle.' Subsidies for corporations are the winners. All of us in the 99% are the losers. Papa is correct. The level of cruelty in the system continues to grow. You mean socialism? This is one of the worst popes in history. So in other words the Pope is saying that we should practice Buddhism?
La source: NPR - 🏆 96. / 63 Lire la suite »

Pope says free market, 'trickle-down' policies fail societyPope 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. El papa francisco es un terrorista comunista Catholic Church is not giving a good example of just political order, and id never did, so... Because Catholics don't send to hell people who don't 'share' their creed? Communist working on behalf of china
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