Pope calls for a regulated

April 2024 Forums General discussion The Pope Pope calls for a regulated

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alanjjohnstone
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Pope calls for a regulated capitalism.The world cannot wait for an economic system that will cause poverty to fix itself, Pope Francis said. "Markets and financial speculation cannot enjoy absolute autonomy," he said. There must be "programs, mechanisms and procedures aimed at a better distribution of resources, job creation and the integral advancement of those who are excluded," he said in a recently published interview. "We cannot wait any longer to fix the structural causes of poverty, to cure our society from a disease that can only bring on new crises," he said.http://www.catholicnews.com/data/stories/cns/1500140.htm"Liberals say popes don't know anything about sex, conservatives say they don't know anything about economics." Some Catholic business leaders have complained about Francis's emphasis on income inequality and the defects of capitalism. Ken Langone, the billionaire founder of the Home Depot and a major Republican donor, warned Cardinal Timothy Dolan of New York that if the pope kept up the drumbeat, some wealthy Catholics might stop giving to church causes.American church leaders have long been advocates for the poor and immigrants. But these are edicts many conservatives felt could be ignored. The pope will visit the U.S. in September. Privately, some right-wing Republicans have grumbled about this invitation, but they can't block it.Read more here: http://www.fresnobee.com/2015/01/13/4327978/albert-hunt-pope-francis-rattles.html#storylink=cpyFrancis has rattled the U.S. church hierarchy, notably the bishops. Francis has condemned careerism, which will make the bishops pay more attention to Catholic lives. Cardinal Raymond Burke, the former archbishop of St. Louis, who refused communion to any Catholic politicians who weren't on the right side of the abortion issue. Burke recently asserted that a "feminized" church, which permits altar girls, is responsible for a shortage of priests and some of the pedophilia crimes. a Francis critic, he was removed as head of the Vatican's high court. Equally important, the pope chose Blase Cupich, the progressive bishop of Spokane, Washington, to be the archbishop of Chicago, the third-largest American diocese. He succeeds Cardinal Francis George, a conservativeFrancis now is determined to make addressing climate change a moral imperative for the world's 1.2 billion Catholics.http://www.fresnobee.com/2015/01/13/4327978/albert-hunt-pope-francis-rattles.html