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Pope Francis Declares Consumers and Capitalists Need to Help the Poor

Papalnomics

In a new declaration, the pope warns that the ‘culture of prosperity deadens us,’ taking aim at free market capitalists and consumers alike.

articles/2013/11/26/pope-francis-declares-consumers-and-capitalists-need-to-help-the-poor/131126-pope-economics-tease_x5jpoi
Franco Origlia/Getty,Franco Origlia

“How can it be that it is not a news item when an elderly homeless person dies of exposure, but it is news when the stock market loses two points?”

articles/2013/11/26/pope-francis-declares-consumers-and-capitalists-need-to-help-the-poor/131126-pope-economics-tease_c3g9l1

I guess Pope Francis doesn’t watch Bloomberg TV.

This quote is one of the many zingers Pope Francis aims at global capitalism...

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