Evangelii Gaudium

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Pope Francis is Wrong About Capitalism

Any time of year is a good time to discuss poverty but the subject has obvious resonance at Christmas. Thus, unsurprisingly, Pope Francis recently wrote about the necessity of compassion for those on the margins. However, the Pope's letter also took capitalism in general to task -- troubling because the relationship between wealth creation and the alleviation of (some) poverty is often misunderstood. The Pontiff's critique will not necessarily correct this confusion. The Pope's letter is a broad-brush critique but thoughtful readers should pause, ponder and then object.