Acton Institute Powerblog

Rev. Sirico: Wealth Creation, Not Wealth Redistribution

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Does the Circle of Protection  actually help the poor? What may be surprising to many of those who are advocating for the protection of just about any welfare program is that these may not alleviate poverty but only redistribute wealth. Rev. Sirico explained in an interview  with the National Catholic Register how the discussion should be about wealth creation, not wealth redistribution:

Father Robert Sirico, president of the Acton Institute, a conservative think tank based in Grand Rapids, Mich., suggested the Christian activists may not be aware “of the root causes of poverty and wealth.”

“Their statements are all about redistribution of wealth with almost nothing about wealth creation through production and labor,” he said.

Rev. Sirico later articulates that the issue isn’t simply about whether we should care for the poor and vulnerable, but more to point how we should care for the poor and vulnerable. What may surprise the Circle of Protection activists is the programs they seek to protect trap the poor in poverty instead of lifting them out:

“Any Christian would agree that we should put the poor and vulnerable first. The question is how,” noted Father Sirico.

He argued that taxes on the middle class destroyed its ability to grow the economy and to generate surpluses that can be used to assist the poor or to create new jobs.

“Redistributing wealth is the way to keep the poor in poverty. The way to lift them out of poverty is with jobs,” said Father Sirico, who added that he did not mean government jobs, but rather jobs generated through wealth creation in the private sector.

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Louie Glinzak

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