Showing posts with label Evangelii Gaudium. Show all posts
Showing posts with label Evangelii Gaudium. Show all posts

Monday, March 30, 2015

David F. Ruccio — Catholicism beyond capitalism


Pope Francis on trickle down and cooperatives. Francis seems to be a non-Marxist socialist. 

Occasional Links & Commentary
Catholicism beyond capitalism
David F. Ruccio | Professor of Economics University of Notre Dame Notre Dame

For a Marxian view of worker cooperatives as a viable basis for socialism:

Monthly Review
Cooperatives On the Path to Socialism?
Peter Marcuse | Professor Emeritus of Urban Planning, Columbia University

Wednesday, January 8, 2014

Ambrose Evans-Pritchard — Liberation Theology is back as Pope Francis holds capitalism to account

Amid accusations of Marxism, Pope Francis has turned the Vatican into the spearhead of radical economic thinking
Good summary in which Ambrose Evans Pritchard comes out on the side of Pope Francis.


Sunday, December 1, 2013

Sam Pizzigati — From Rome, Five Basic Insights on Inequality

In plain yet powerful language, Pope Francis is challenging the givens of our deeply unequal world - and helping inspire resistance to it.
Sometimes you don’t have to say anything “new” to make news. Consider, for instance, the “apostolic exhortation” the Vatican released last Tuesday.
This statement from Pope Francis, observers note, didn’t really break any bold new theological ground. But the Pope’s exhortation, the first all his own since he stepped onto the world stage last March, still made front pages the world over — and fully merited all that attention.
What makes this new papal statement so significant? No global religious figure has likely ever before denounced economic inequality with as wide-ranging — and as accessible — an assault.
Commentators are already tracing the roots of the new exhortation, formally titled Evangelii Gaudium, or The Joy of the Gospel, in the Catholic religious tradition. But the statement also seems to draw inspiration from the world’s most insightful research into inequality’s economic, social, and political impact.
And just what insights can we take from what Pope Francis has to say about inequality? These five jump out most dramatically.....
Sam Pizzigati, Inequality.org | Op-Ed

David Ruccio — "Such an economy kills”


Marxian Notre Dame economics professor David Ruccio reviews Evangelii Gaudium and its implications. Nice analysis by Professor Ruccio, and a good blueprint for change by Francis in which he sets the objectives but not the means, since different countries will have to address these goals in their own way based on context.
... Francis, without providing institutional details, outlines a general approach to work that simply cannot be provided by the current wages system. It creates an opening to imagine a radical reorganization of the economy, at both the microeconomic and macroeconomic levels, in which workers participate in making the fundamental decisions in their workplaces and the economy as a whole is coordinated (might we say planned?) so that existing inequalities and forms of exclusion are eliminated.
In the end, Evangelii Gaudium suggests a fundamental reorientation of the current economic debate: to admit the devastating effects of current economic arrangements on the broad masses of the population and to take up the imperative of restructuring the economy in the interests not of the tiny minority at the top but of those at the bottom who are subjected on a daily basis to processes of exploitation, oppression, and exclusion.
Occasional Links & Commentary
"Such an economy kills”
David F. Ruccio | Professor of Economics University of Notre Dame Notre Dame

Saturday, November 30, 2013

Greg Mankiw — The Pope's Rhetoric


Greg Mankiw weighs in on Evangelii Guadium — quite predictably, of course. You don't need to read it to know how he feels: "Capitalism" has raised global GDP more than any alternative ever did, so this alone excuses anything else that happened. Even Karl Marx attributed that positive attribute to capitalism, while documenting its excesses. Mankiw argues to the contrary that free market capitalism has led to economic growth and economic growth has resulted in a more moral society.

Greg Mankiw's Blog
N. Gregory Mankiw | Professor of Economics at Harvard University


Friday, November 29, 2013

Pope Francis — Evangelii Gaudium, 56


Conservatives seem to have caught their breath and are now attacking the Apostolic Exhortation of Pope Francis as "Marxist." Here is the passage in especially in question.
56. While the earnings of a minority are growing exponentially, so too is the gap separating the majority from the prosperity enjoyed by those happy few. This imbalance is the result of ideologies which defend the absolute autonomy of the marketplace and financial speculation. Consequently, they reject the right of states, charged with vigilance for the common good, to exercise any form of control. A new tyranny is thus born, invisible and often virtual, which unilaterally and relentlessly imposes its own laws and rules. Debt and the accumulation of interest also make it difficult for countries to realize the potential of their own economies and keep citizens from enjoying their real purchasing power. To all this we can add widespread corruption and self-serving tax evasion, which have taken on worldwide dimensions. The thirst for power and possessions knows no limits. In this system, which tends to devour everything which stands in the way of increased profits, whatever is fragile, like the environment, is defenseless before the interests of a deified market, which become the only rule. — Evangelii Gaudium
Marxist? Really?

Travis Gettys — Muslim scholar Reza Aslan: Rush Limbaugh and Sarah Palin would call Jesus a ‘Marxist’ (via Raw Story )

Muslim scholar Reza Aslan: Rush Limbaugh and Sarah Palin would call Jesus a ‘Marxist’ (via Raw Story )
Religious scholar Reza Aslan said American conservatives are basing their criticism of recent comments made by Pope Francis on a “profoundly unhistorical view of Jesus.” The pontiff has ruffled the feathers of U.S. conservatives with comments suggesting…

Eric Dolan — Conservative activist: Pope Francis exposed the ‘Marxist problem’ inside the Catholic Church (via Raw Story )

Conservative activist: Pope Francis exposed the ‘Marxist problem’ inside the Catholic Church (via Raw Story )
Pope Francis’ recent publication highlights the “troubling” influence of Marxism within the Catholic Church, according to Accuracy in Media director Cliff Kincaid. “Ladies and gentlemen, I’m not here to beat up on the pope,” he said in a…

Wednesday, November 27, 2013

Eric Dolan — Fox Business host Stuart Varney lectures Pope Francis about capitalism (via Raw Story )

Fox Business host Stuart Varney lectures Pope Francis about capitalism (via Raw Story )
Fox Business host Stuart Varney expressed his displeasure with Pope Francis on Wednesday, claiming the pontiff was wrong to attack “deified markets” and the idolatry of money. “Capitalism, in my opinion, is a liberator,” he said. “The free…

Tony Ortega — Rush Limbaugh blasts ‘pure Marxism’ coming from Pope Francis’ critique of capitalism

Here it comes from the right.
“Somebody has either written this for him or gotten to him,” Rush said. “This is just pure Marxism coming out of the mouth of the pope.”
The Raw Story
Rush Limbaugh blasts ‘pure Marxism’ coming from Pope Francis’ critique of capitalism
Tony Ortega

For another view, see John Aziz, Hey, Pope Francis: Markets are the solution, not the problem at The Week.

I don't think that the pope is opposing markets by equating markets with the type of capitalism is he denouncing as unjust and immoral. He is pretty specifically opposing the contemporary neoliberal brand of "capitalism," as in "economic liberalism (laissez-faire) is the sine qua non of democracy." Not! 
Economic liberalism is the enemy of democracy in that in a democracy workers have the political means to redistribute wealth. As a result, owners of capital have to be creative in maintaining power by convincing workers to vote against their interests. Billions are spent in this endeavor, but it's a pittance compared with the ROI. The pope is saying enough is enough.


Joe Weisenthal — The Pope Just Published One Of The Most Powerful Critiques Of Modern Capitalism That You Will Ever Read


Some key passages and a link to the full text of Evangelii Gaudium.