Oct 4, 2020

Pope Francis on capitalism and the coronavirus

The fragility of world systems in the face of the pandemic has demonstrated that not everything can be resolved by market freedom.  It is imperative to have a proactive economic policy directed at ‘promoting an economy that favours productive diversity and business creativity’ and makes it possible for jobs to be created, and not cut.

~ Pope Francis, "Pope: Market capitalism has failed in pandemic, needs reform," Associated Press, October 4, 2020



No comments: