Posts Tagged ‘Free market economy’

Return to Pope John Paul’s teachings on capitalism mooted

Thursday, November 12th, 2020

Some Catholics say returning to Pope John Paul’s views on capitalism is in keeping with Catholic doctrine. Their views on capitalism contrast with those of Pope Francis, who is calling for a rethink of the free market economy. At a recent webinar, “Pope John Paul II Centennial: The Liberation of a Continent’s Political-Economic Systems of Read more

Pope and Warren Buffett see eye to eye on free markets

Thursday, October 8th, 2020

Pope Francis and Warren Buffett both blame free market policies for rising inequality. In his latest encyclical (Fratelli Tutti), Francis points out “The marketplace, by itself, cannot resolve every problem, however much we are asked to believe this dogma of neo-liberal faith. “Neo-liberalism simply reproduces itself by resorting to the magic theories of ‘spillover’ or Read more