Monday, 7 October 2013

Why does Pope Francis criticise the malign effects of capitalism on countries that don?t know capitalism?

On Sunday, Pope Francis made unprepared remarks in Sardinia, a part of Italy that has been especially badly hit by the economic crisis. Specifically, he said: ‘We don’t want this globalised economic system that does us so much harm. At its centre there should be man and woman, as God wants, and not money.’ He then commented that the current economic crisis was the ‘consequence of a global choice, of an economic system that led to this tragedy, an economic system centred on an idol, which is called money.’ This followed other strong criticisms of capitalism in earlier remarks. Indeed, before he became pope, Francis was a strong critic of globalisation. 

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Read the full blog post here

Source: http://www.iea.org.uk/blog/why-does-pope-francis-criticise-the-malign-effects-of-capitalism-on-countries-that-don%E2%80%99t-know-c

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