Pope Francis v. the free marketeers
Mark Silk
A few days after Ronald Reagan was reelected president in 1984, a committee of five American Catholic bishops released the first draft of a pastoral letter on the U.S. economy that, in the words of New York Times economics columnist Leonard Silk (aka my late father), reads like an assault on the Reagan Administrations economic, social, foreign aid and military policies.
Drawing on the Vaticans longstanding critique of capitalism, the bishops themselves advocated policies to promote greater equality of income and wealth so long as there were poor, hungry and homeless people in our midst, and, Dad wrote, they excoriated national complacency over unemployment. Contra the presidents full-throated free-market ideology, they were skeptical about tales of the beauties of perfect competition or the beneficence of the invisible hand of the market.
The bishops expected some criticism from conservative co-religionists, but what they got was more than they bargained for. Even before the draft was released, there appeared a critical letter from 29 lay Catholics led by the American Enterprise Institutes Michael Novak and former Treasury Secretary William Simon, and the attacks didnt let up. It was a significantly watered-down version that the entire bishops conference finally voted through in 1986.
Now, three decades later, comes Evangelii Gaudium (The Joy of the Gospel), Pope Francis extended redefinition of and exhortation to the faithful to embrace the so-called New Evangelization. Whats remarkable is how central the pope makes improving the lives of the poor to the proclamation of the Gospel in todays world. As he conceives it, that means more than private charity: an accumulation of small personal gestures to individuals in need, a kind of charity à la carte, or a series of acts aimed solely at easing our conscience. It also means more than supporting government welfare programs, which he calls merely temporary responses. The new popes New Evangelization entails an obligation to push for solutions to the structural causes of poverty.
http://marksilk.religionnews.com/2013/12/01/pope-francis-v-free-marketeers/