Justice, Economic Growth, and the Pope

Apparently, no one has ever told the Pope that the absolute best way to help the poor and to lift people out of poverty is economic growth. Capitalism is imperfect at best and infected with greediness, but it is still the best method for helping the poor – through economic growth, not redistribution of wealth.

In his encyclical released last week titled “Caritas in Veritate,” or Charity in Truth, Pope Benedict clearly cribbed from the Obama campaign’s barrage of emails. “Grave imbalances are produced when economic action, conceived merely as an engine for wealth creation, is detached from political action, conceived as a means for pursuing justice through redistribution,” warned the Supreme Pontiff.

Dear Mr. Pope, the best way to ensure economic contraction is to try to pursue justice through redistribution. This will do nothing more than cast a chill on entrepreneurship which is the engine for economic growth, which is [I will say again] THE BEST WAY TO GET PEOPLE OUT OF POVERTY, MR. POPE!

This entry was posted in capitalism, economy, entrepreneurs, poverty. Bookmark the permalink.

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