… some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world. This opinion, which has never been confirmed by the facts, expresses a crude and naïve trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system …
While the earnings of a minority are growing exponentially, so too is the gap separating the majority from the prosperity enjoyed by those happy few. This imbalance is the result of ideologies which defend the absolute autonomy of the marketplace and financial speculation. Consequently, they reject the right of states, charged with vigilance for the common good, to exercise any form of control. A new tyranny is thus born, invisible and often virtual, which unilaterally and relentlessly imposes its own laws and rules. Debt and the accumulation of interest also make it difficult for countries to realize the potential of their own economies and keep citizens from enjoying their real purchasing power. To all this we can add widespread corruption and self-serving tax evasion, which have taken on worldwide dimensions. The thirst for power and possessions knows no limits. In this system, which tends to devour everything which stands in the way of increased profits, whatever is fragile, like the environment, is defenseless before the interests of a deified market, which become the only rule.
wrote Pope Francis in his Apostolic Exhortation titled “Evangelii Gaudum”. It’s quite strong criticism for the mainstream globalist, free-market worshipping banker world. Yes, “the invisible hand of the market” is a cold, dead one.
Why is this relevant on this blog? Because I think some of Hungary’s “unorthodox policies”, like the bank taxes or abolishing the mandatory private pension system, are direct challenges to the free market bigotry Pope Francis criticized here and Hungary is a battleground against this “new tyranny” . So, even though I myself am an atheist, I find Evangelii Gaudum (The Joy of the Gospel) a very interesting read indeed.
- Rush Limbaugh vs. Pope Francis (seattlepi.com)
- Evangelii Gaudium and the Rule of Law (sago.com)
- Francis Fallout: The Right Rushes To Defend Capitalism (crooksandliars.com)
- Is the Pope an Occupier? (huffingtonpost.com)
- Evangelii Gaudium, an American View, Part 1 (nebraskaenergyobserver.wordpress.com)
- Pope rattles rich Catholics, clergy – Philippine Star (philstar.com)
- “Such an economy kills” (rwer.wordpress.com)
- Rush Limbaugh is wrong about the Pope! (ozeanmedia.com)