h/t DSWright on Firedoglake
The most inspiring Pontiff since John Paul II has done it again. Pope Francis has issued a rigorous and comprehensive denunciation of trickle-down economics, the long-discredited theory that the best way to aid poor people is through policies that help the rich get richer.
Called his Apostolic Exhortation, Evangelii Gaudium (The Joy of the Gospel) makes clear that Pope Francis regards modern capitalism and the political movement promoting it to be antithetical to the teachings of Jesus.
Among other things, Pope Francis wrote (emphasis added):
54. In this context, some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world. This opinion, which has never been confirmed by the facts, expresses a crude and naïve trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system. Meanwhile, the excluded are still waiting. To sustain a lifestyle which excludes others, or to sustain enthusiasm for that selfish ideal, a globalization of indifference has developed. Almost without being aware of it, we end up being incapable of feeling compassion at the outcry of the poor, weeping for other people’s pain, and feeling a need to help them, as though all this were someone else’s responsibility and not our own. The culture of prosperity deadens us; we are thrilled if the market offers us something new to purchase; and in the meantime all those lives stunted for lack of opportunity seem a mere spectacle; they fail to move us.
Apostolic exhortations like Evangelii Gaudium are basically calls to carry out existing Church teachings, so in many ways there’s nothing unique about the sentiments expressed in the document. Roman Catholics grew up on stories like Jesus’ admonition that “…it is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God” (Matthew 19:23-26).
How do we ensure that the Pope’s shift in focus to inequality and the well-being of the poor becomes a focus of actual politics and not just a bunch of nice words that make us feel like our philosophical principles got a nod from the Big Guy?
“The combined trends of increasing inequality and decreasing mobility pose a fundamental threat to the American dream,” Obama said.