Could it be that the Pope is warning about making money, power, fame,and materalism into an idol god ?
There is a Bible passage warning about “the love of money? “
Indeed. At the time of Christ, there were no social programs to care for the "poor"; hence the admonition. Here in the US (and many other western countries), taxpayers fund a wealth of programs intended to care for the "poor". Such programs actually contribute detrimentally to them, creating dependence. Consider that when our Lord addressed these individuals, they were at the mercy of society. Recall, as well, the words of our Lord: "The poor you will have forever." I'm sure He would have some sharp rebukes for those who feed off the government programs.
Or maybe this new rookie pope is some kind of socialist.
Rather to correct you mild correction only your opinion.
Think about Bill and Melida Gates and how they use their millions to support abortion, for example.
Capitalism isn’t always perfect, because some people are greedy and some people have no sense or good judgment. The Gates are one example.