Pope Francis Attacks “Savage Capitalism” “We have created new idols,” Francis said at the time. “The worship of the golden calf of old has found a new and heartless image in the cult of money and the dictatorship of an economy which is faceless and lacking any truly humane goal.” Calling what we have now “savage capitalism,” Pope Francis insisted that a growing inequality in society was caused by “ideologies which uphold the absolute autonomy of markets and financial speculation, and thus deny the right of control to States, which are themselves charged with providing for the common good.” The Pope also noted last July that a “culture of selfishness” was widening the gap between rich and poor. Then he called for greater efforts to fight hunger and poverty. In any case, we now have a leader of the Catholic Church who might argue that raising the minimum wage is just—who might say that limiting executive pay at top U. S. companies (now equal to that of 327 ordinary workers) and pouring some of the excess into other workers’ pockets makes more sense—that insuring needy individual have access to health care is both humane and just. addictinginfo.org/2013/09/23/pope-francis-attacks-savage-capitalism
Posted on: Mon, 23 Sep 2013 23:19:00 +0000
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