Oy vey. They’ll be more correct on economics than he. Plus I’ve skimmed the document and scrunched over para s 52. - 56.
Awful
Did you not like the bit against deficit spending in paragraph 56?
Not a hint in the whole thing about the abolition of private property. Yes, he does indicate that those arguing that the state has no right to regulate anything are too extreme—but this resonates with JP II et al.
He does have a point about priorities—when a minor stock market fluctuation is news but human suffering is not, we may want to examine our priorities. Likely this is why the entire section is called “Some challenges in today’s world.”
To be clear, and maybe I was not, I believe IBD’s editorial….