Don't try to gloss over this with technicality jargon. He's against a free market economy and for redistribution of wealth. Let's face it, the Catholic Church has always been for redistributing everyone's wealth (that is except their own). They have never been for a free market economy for the last 600 years and their vision has been for control. I'd have to agree with Dr. Eckleburg that this is fascism, if not worst.
The Pope is only showing his leftist tendencies that probably dates back to Germany. Frankly, his comments are despicable and unscriptural (as if that matters). I'd be ashamed if I were a Catholic but, then again, the Pope is infalible.
The sad part is a free market economy is the best distribution system. It's when govt regulation and manipulation occur that breakdowns result. The idea that a global "czar" would be able to do a better job is frightening.