Showing posts with label Pope Francis. Show all posts
Showing posts with label Pope Francis. Show all posts

Sunday, October 18, 2015

Pope Francis Should Look at What More Capitalism Might Have Done For Argentina

Pope Francis has been rather critical of capitalism. Perhaps he needs to review what has happened to the economic well-being of his fellow Argentinians relative to people in the United States.  I wonder if maybe Argentinians might wish they had experienced a little more capitalism in the last century?



Monday, July 13, 2015

Questions for Pope Francis

Pope Francis recently decried the effects of "unfettered capitalism" calling it the "dung of the devil".

Two questions for His Holiness:

1. What economic process does he think produced the results shown in the chart below?
2. Could he please name a place  -- any place -- where capitalism is unfettered today?


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Don't you think the poor of Venezuela might prefer a big helping of "capitalist dung" to the dung they've had to eat under the "social justice" legacy of Hugo Chavez?