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Pope Francis is a pontiff who has constructively broken all the rules of popery – so far to widespread acclaim. He’s faulted the Catholic church for its negative obsession with gays and birth control, and now he has expanded his mandate to economics with a groundbreaking screed denouncing “the new idolatry of money“.

As the Pope wrote in his “apostolic exhortation“:

The worship of the ancient golden calf has returned in a new and ruthless guise in the idolatry of money and the dictatorship of an impersonal economy lacking a truly human purpose. The worldwide crisis affecting finance and the economy lays bare their imbalances and, above all, their lack of real concern for human beings.

His thoughts on income inequality are searing:

How can it be that it is not a news item when an elderly homeless person dies of exposure, but it is news when the stock market loses two points? This is a case of exclusion. Can we continue to stand by when food is thrown away while people are starving? This is a case of inequality.

http://www.rawstory.com/rs/2013/11/27/pope-francis-understands-economics-better-than-most-politicians/

 

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