This Pope has been speaking out against the abusiveness of both socialism and that capitalism which is irresponsible.
To the contrary, God should be at the center of the economy. God determines the success of the economy. This is clearly established throughout the Old Testament where God tells the people He will restore them and bless them is they obey His commandments.
If you read him carefully, you see that he denounces “CRONY capitalism”, which isn’t capitalism at all-— it is “Interventionism” by the government in the private market. We haven’t been living under the true definition of capitalism in this country for 100 years.
This pope will agree with this statement:
“Only capitalism operates on the basis of respect for free, independent, responsible persons. All other systems in varying degrees treat men as less than this.
“Socialist systems above all treat men as pawns to be moved about by the authorities, or as children to be given what the rulers decide is good for them, or as serfs or slaves. The rulers begin by boasting about their compassion, which in any case is fraudulent, but after a time they drop this pretense which they find unnecessary for the maintenance of power. In all things they act on the presumption that they know best.
“Therefore they and their systems are morally stunted. Only the free system, the much assailed capitalism, is morally mature.” ~ Dr. Ronald H. Nash
MORE:
http://www.freerepublic.com/focus/news/2643993/posts?page=16#16