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Republicans Have Only Themselves To Blame For Piketty And The Pope
Forbes ^ | 05/15/2014 | Louis Woodhill

Posted on 05/15/2014 6:56:29 AM PDT by SeekAndFind

First, take today’s Unconventional Logic pop quiz:

If you were kidnapped by terrorists, whom would you want to come to rescue you?

Captain Sweden

Captain Denmark

Captain Belgium

Captain France

Captain America

OK, now back to economics.

With both Thomas Piketty and Pope Francis in the news calling for government-coerced redistribution to reduce inequality, it is useful to ask, “Why this, and why now?”

Piketty’s argument for additional government redistribution programs, which he bases upon numbers that don’t take government redistribution programs into account, is certainly—to put it delicately—creative, but the question still remains why Piketty’s ideas (which have been around since Das Capital) are getting so much play at this particular point in time. After all, by Piketty’s own numbers, inequality isn’t much worse today than it was in 2000, and no one seemed very worried about inequality in 2000.

Also, on May 9, Pope Francis called for, “…the legitimate redistribution of economic benefits by the State.” In so doing, the pontiff shrugged off the experience of the past 30 years, during which globalized capitalism raised more than a billion people out of absolute poverty, after decades of redistributive approaches (in the form of socialist governments and foreign aid) had failed.

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Philosophy
KEYWORDS: daskapital; inequality; piketty; popefrancis; republicans

1 posted on 05/15/2014 6:56:29 AM PDT by SeekAndFind
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To: SeekAndFind

2 posted on 05/15/2014 6:56:49 AM PDT by SeekAndFind (If at first you don't succeed, put it out for beta test.)
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To: SeekAndFind

Does the title make any sense to anyone??


3 posted on 05/15/2014 6:58:29 AM PDT by GeronL (Vote for Conservatives not for Republicans!)
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To: GeronL

You will have to read the ENTIRE article to determine that.


4 posted on 05/15/2014 7:00:40 AM PDT by SeekAndFind (If at first you don't succeed, put it out for beta test.)
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To: GeronL

Actually, Pope Francis didn’t mean to imply he support redistribution of wealth. But his continued inability to comprehend the kind of misinterpretations his poorly phrased statements elicit - deliberately or inadvertantly - by the world Marxist Press calls int question his qualifications for the Office he holds.

A real Saint shouldn’t be running an organization like the Catholic Church. He should be setting an example in the trenches. Different skill sets.


5 posted on 05/15/2014 7:04:03 AM PDT by ZULU (https://www.facebook.com/freejustina)
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To: SeekAndFind

All I can say on the matter is the Pope will speak with authority the day the Catholic Church divests itself of all lands and property.
I had no idea that the Republicans chose a communist pope.


6 posted on 05/15/2014 7:04:33 AM PDT by Steamburg (Other people's money is the only language a politician respects)
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To: SeekAndFind

One would think that the Pope, being from Argentina, would understand what the effects of socialist economic policies are.


7 posted on 05/15/2014 7:04:48 AM PDT by VanShuyten ("a shadow...draped nobly in the folds of a gorgeous eloquence.")
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To: Steamburg

RE: I had no idea that the Republicans chose a communist pope.

I had no idea the Cardinals were Republicans...


8 posted on 05/15/2014 7:05:48 AM PDT by SeekAndFind (If at first you don't succeed, put it out for beta test.)
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To: SeekAndFind

Stupid article. The Republicans aren’t to blame for redistributionism. The Republicans aren’t to blame for the socialists who advocate for it. This guy’s argument seems to be that if the Republicans were just a little better and finding that magic pro-growth candidate, they would have won the election and all this talk of redistribution would have gone away. That’s like saying that if a battered wife was a little stronger, she could have fought off her abusive husband and so she’s to blame for being beaten.


9 posted on 05/15/2014 7:14:50 AM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: ZULU

You are delusional


10 posted on 05/15/2014 7:17:33 AM PDT by Nifster
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To: SeekAndFind

That’s right he blames BUSH......I get tired of this. The entire article is as dumb as Picketty and his book


11 posted on 05/15/2014 7:21:06 AM PDT by Nifster
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To: GeronL

Blame Bush (because that’s what he does...oh he throws in O too but blames Bush)


12 posted on 05/15/2014 7:21:39 AM PDT by Nifster
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To: SeekAndFind

Nah they are hall players


13 posted on 05/15/2014 7:23:00 AM PDT by Nifster
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To: Nifster

I’ll live with my dilusions and you can live with yours, but this Pope, while a holy and decent man, is really unqualified for the position he holds. In today’s times, we need an Urban II, not a St. Francis of Assisi, sitting on the Papal throne.


14 posted on 05/15/2014 7:27:58 AM PDT by ZULU (https://www.facebook.com/freejustina)
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To: ZULU
Oh, for pity's sake. You really are comparing an establishment, "Liberation theology" Jesuit to St. Francis?

The UN was threatening to bring up the subject of gay pedophile priests again, and wanted the pope to play ball and say some nice things about totalitarian Marxism.

That's why he keeps so quiet about Pelosi and all wanting more and more abortions…Did he even have anything to say about Warren Buffett?

15 posted on 05/15/2014 7:32:26 AM PDT by Mamzelle
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To: VanShuyten

Social justice types like the pope are the REASON Argentina went way left.


16 posted on 05/15/2014 7:54:42 AM PDT by what's up (su)
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To: Mamzelle
an establishment, "Liberation theology" Jesuit

Um, Bergoglio fought AGAINST liberation theology when he was in Argentina.

17 posted on 05/15/2014 10:04:28 AM PDT by ELS
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