Wednesday, December 11, 2013

Pope Francis and unfettered capitalism

Sigh. Saw this one coming. Pope Francis has been excoriated for taking on 'unfettered capitalism' - by Rush Limbaugh, the US Republican party pundits and various others who think they detect in Francis a simple-minded Marxist.

Sigh. Haven't we seen this movie before? Why, yes we have, and Francis is only extending the analysis of previous pontiffs, whom certain defenders of capitalism are pretty fond of.

And if you think contemporary capitalism is just fine thank you, take it from a Canadian business journalist: it's not - in a Very Important Way.

P.S. Breaking news (ahem): Pope Francis is Time's person of the year. Now, assuming people still read Time, I guess this is meaningful. Good analysis here at CMT: NOT the people's Pope, something more... 

P.P.S.: More unfetteredness here, of which more examples ad nauseam could be retrieved off the internet.


  1. I tend to agree with what you're saying.
    I don't think the republic party are in their right minds, Pope Francis knows what he's doing, I honestly believe he's trying to spark a change within the Catholic church. Baby steps.

  2. Following the Time cover, this is interesting: