I’m sure this thread will be shortly be filled with American Protestants who worship money instead of Christ, blasting the Pope for stating that Capitalism is not above criticism.
I wonder which side is worse? the Fedora wearing libertarians or the commies when it comes to misconstruing the Pope’s words.
Oh please. It is not as if this flesh being is one more deity. Everybody is a sinner. This church not unlike many others practice communistic tendencies.
Personally, I like the marketplace. And people should remember that the marketplace is not synonymous with Capitalism. In order for Capitalism to exist, you need governments and laws and regulations. Big Banks and Stock Markets and Global Trade would not exist without government involvement. Now, being a Conservative, I recognize that government corrupts everything it touches. Therefore, I think Capitalism inevitably progresses to what we have today: Fascism.
I don't like Socialism.
I don't like Fascism.
I don't like Capitalism -- I used to, but now that I think I understand it better, I no longer like Capitalism.
I like the marketplace. That means small and managed by the buyers and the sellers, with no need for bureaucrats to "help" run the show. I do not see this as a Libertarian position. I see it as a Distributist position, based on Christian economics, as laid out in "Rerum Novarum".