 “If by ‘capitalism’ is meant an economic system which recognizes the fundamental and positive role of business, the market, private property and the resulting responsibility for the means of production, as well as free human creativity in the economic sector, then the answer is certainly in the affirmative, even though it would perhaps be more appropriate to speak of a ‘business economy,’ ‘market economy’ or simply ‘free economy.’” Saint John Paul II Pope Francis’s new encyclical Fratelli tutti touches on many issues relevant to national and international economic policy. These will generate considerable debate and, given the influence of the Roman Catholic Church, deserve consideration. Pope Francis on the Environment: sound theology politicized science? "The Pope has good advisers on issues of bio-technology, he has a prudent approach to GMOs" Ratzinger found part of the answer in the work of Tocqueville. "Democracy in America has always made a strong impression on me," the cardinal said. He added that to make possible, "an order of liberties in freedom lived in community, the great political thinker [Tocqueville] saw as an essential condition the fact that a basic moral conviction was alive in America, one which, nourished by Protestant Christianity, supplied the foundations for institutions and democratic mechanisms." | Liberation Theology: beyond Marxism Chafuen from Forbes.com If the economists do not know economics, how can you blame the Pope? Chafuen from Forbes.com Is Pope Francis ignoring a Jesuit view of Social Justice? Chafuen from Forbes.com | Es el Papa Comunista?  |