What Pope Francis s Attacks on Free Markets and Trickle-Down Economics Get Wrong – Foundation for Economic Education

The Pope decried the free-market dogma of neo-liberal faith that views the magic theories of spillover or trickle … as the only solution to societal problems. He went on to write that market freedom cannot supersede the rights of peoples and the dignity of the poor.

Francis reiterated his belief that if one person lacks what is necessary to live with dignity, it is because another person is detaining it. He concluded that the right to private property can only be considered a secondary natural right, derived from the principle of the universal destination of created goods.

via fee.org

Holy chihuahua.