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Wednesday, December 18, 2013

The Free Market Is The Best Economic System

Pope Francis, in his apostolic exhortation, levied charges against free market capitalism, denying that “economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world” and concluding that “this opinion … has never been confirmed by the facts.” He went on to label unfettered capitalism as “a new tyranny.” Let’s look at the pope’s tragic vision.

First, I acknowledge that capitalism fails miserably when compared with heaven or a utopia. Any earthly system is going to come up short in such a comparison. However, mankind must make choices among alternative economic systems that actually exist on earth. For the common man, capitalism is superior to any system yet devised to deal with his everyday needs and desires.

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2 comments:

Anonymous said...

The Vatican is probably the richest entity of any kind in the world, he should know.

Anonymous said...

makes me laugh where's he think all that money that flows into the vatican's coffers comes from? the communists? the Marxists?
Same with his statement that you can be an atheist and still make it to heaven, does he realize that makes him and his message irrelevant? what a dummy!
He should clean up his own house with starting with the pedophiles and gays before telling us how to live!
from a practicing catholic!