December 4, 2013

SHIKHA DALMIA: The Pope’s Self-Defeating Anti-Capitalistic Rant. “Pope Francis doesn’t have to thank capitalism, a system that has done far more to alleviate poverty, his pet crusade, than the institution he leads. But he should at least stop demonizing it—not least because it enables the very activity that he cherishes most: charity.”

The thing you have to understand is that the Pope is from Argentina, where “capitalism” has meant “state-enabled vampire cronyism” since before he was born. Unsurprisingly, in that same time period Argentina has gone from one of the world’s richest countries to . . . something less.

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