In a May 28, Huffington Post article, Rev. Seamus P. Finn, OMI, exhibits a woeful lack of economic knowledge. In most cases members of the clergy can be forgiven somewhat for getting it so utterly and completely wrong. After all, few people go into the ministry because they’re fascinated with things like lean manufacturing techniques or monetary policy. But in this instance Finn must be taken to the proverbial woodshed for a lesson in what truly benefits the world’s poor.
Why Finn and why now, you ask? Most important, because he represents the Missionary Oblates of Mary Immaculate, and represents the Oblates as a board member at the Interfaith Center on Corporate Responsibility. He also serves on the executive committee of the International Interfaith Investment Group (IIIG). From this resume, one might gather that he is influential with the faithful on financial and business matters.
PowerBlog readers who have been following my series of posts on religious-based shareholder activism these past few months may recall my coverage of several ICCR proxy resolutions submitted to a host of companies this spring. I called attention to these resolutions because they draw more from leftist ideology than they do from centuries of deeper Christian thinking on social problems.
Now comes Finn with a HuffPo piece linking ICCR and IIIG initiatives with recent statements made by Pope Francis. While the current pope is no fan of capitalism – read about his views of the market economy here and here on the PowerBlog – Finn apparently despises it outright. (more…)