Pope Francis has said that he’s generally “allergic” to financial matters. Yet that hasn’t stopped him from criticizing capitalism and suggesting radical changes for a global economic order. During his recent trip to Latin America, the pontiff has been especially denunciatory, saying the unfettered pursuit of money is “the dung of the devil.”
Not surprisingly, many critics have complained that Francis is presenting a distorted, incomplete, and naive view of capitalism. To his credit, the pontiff has vowed to consider these reactions before his trip the U.S. this September. “I heard that there were some criticisms from the United States. I must begin studying these criticisms, no?” he said. “Then we shall dialogue about them.”
It’s encouraging to hear Pope Francis say he’s interested in dialogue on the topic. Naturally, since we share many of the same values and concerns, an ideal partner in such discussion would be the Acton Institute. As Acton co-founder Rev. Robert Sirico has said,
From the inception of the Acton Institute . . . we have always been concerned that economic education–a real understanding of how a market functions–will first and foremost help the most vulnerable, so we’ve done various things over the years to attempt to demonstrate or teach or model that for people.
If the pope is interested, we even have a branch in Rome—Istituto Acton—that he can visit. It’s a mere 20 minute walk from Vatican City or about 5 minutes by mini-popemobile. We’d also be willing to send him any resources he might find useful, such as our PovertyCure DVD series or Rev. Sirico’s book, Defending the Free Market: The Moral Case for a Free Economy.
In the meantime, though, I think Pope Francis could gain a lot of insight by simply pondering these three points: