Key advisor to Pope Francis criticizes some approaches to 'libertarian' economics
By Catholic Online (NEWS CONSORTIUM)
6/6/2014 (3 years ago)
Catholic Online (https://www.catholic.org)
One of Pope Francis' top advisers has gone on the record opposing some brands of libertarian economic policies. Cardinal Oscar Rodriguez Maradiaga from the Honduras, spoke during a visit to Washington D.C. to attend a conference on economic libertarianism and Catholic Social Doctrine. Cardinal Maradiaga explained that Pope Francis "has a profound knowledge of the life of the poor," and that he [Pope Francis] believes "the elimination of the structural causes for poverty is a matter of urgency that can no longer be postponed."
Cardinal Maradiaga spoke in Washington DC in a conference concerning economic libertarianism and Catholic Social Doctrine
LOS ANGELES, CA (Catholic Online) - Cardinal Oscar Rodriguez Maradiaga from the Honduras, spoke during a visit to Washington D.C. to attend a conference on libertarianism and Catholicism at the Catholic University of America.
Cardinal Maradiaga explained that Pope Francis "has a profound knowledge of the life of the poor," and that he [Pope Francis] believes "the elimination of the structural causes for poverty is a matter of urgency that can no longer be postponed."
"The hungry or sick child of the poor cannot wait."
Cardinal Maradiaga is a key adviser to Pope Francis. The Cardinal heads a group of eight others who advise Pope Francis on many matters. He explained that occasional acts of charity are too little, and that charity needs to be a continual, ongoing effort. "Solidarity is more than a few sporadic acts of generosity," he said.
The Cardinal said that the real structural causes of poverty and injustice need to be addressed. He also reassured the conference that the Church has no ill will toward those who are wealthy and is not against business. But that all should endeavor to "serve the common good."
He had critical words for certain approaches to what are increasingly called libertarian economics, warning that trickle-down economics was "was deception." Trickle-down theory suggests that if the wealthy are more free to operate and generate wealth, that wealth will eventually permeate society and enrich everyone.
The Cardinal's keynote speech was entitled, "Erroneous Autonomy: The Catholic Case Against Libertarianism." It was delivered in a symposium sponsored by the Institute for Policy Research and Catholic Studies of the Catholic University of America.
The social teaching of the Catholic Church offers principles which Catholics are encouraged to apply to every area of social concern, including economics. The symposium was an effort to foment a sincere discussion on economic policy in light of the nature of the human person, the family and our obligation to the common good.
Catholic Social Doctrine is a branch of moral theology. It offers such principles to worked as leaven into the social order by lay Catholics who recognize that this teaching is not simply religious but truly promotes the common good. For example, insisting on solidarity - that we are our brother and sisters keeper - yet promoting subsidiarity in its application.
Charity and solidarity should become a way of life and a worldview, as opposed to a sporadic act around holidays or when a little extra money comes in. Also, these duties are shared by individuals, families, local, state and federal governments, each in their appropriate sphere - and governments as well as mediating associations, enterprise and corporations.
Copyright 2018 - Distributed by THE CALIFORNIA NETWORK
Pope Francis Prayer Intentions for FEBRUARY 2018
Say 'No' to Corruption. That those who have material, political or spiritual power may resist any lure of corruption.
President Trump is on the verge of the greatest win of his presidency, a meeting with North Korea. The dictator of the Hermit Kingdom, Kim ... continue reading
Although the Deferred Action Childhood Arrivals (DACA) protections did not expire on March 5, the passage of the original deadline has ... continue reading
After the Senate failed to pass a bipartisan bill that would offer protections for immigrants, U.S. bishops noted their disappointment and ... continue reading
Americans are overwhelmingly approving of President Trump's second State of the Union address. The speech has been given a 75 percent ... continue reading
Controversial memo that exposes government abuses to be released - Speaker Ryan calls for FBI cleanup Watch
House Republicans have voted to release a controversial memo that describes government abuse of surveillance powers. The information is so ... continue reading
by Catholic Online
- Daily Readings for Wednesday, March 21, 2018
- Fasting, Refreshing the Routine and Living Lent
- Sin HD Video
- The Truth about Easter and Divine Mercy Sunday
- 'Living Lent': Wednesday of the Fifth Week of Lent - Day 36
- St. Enda: Saint of the Day for Wednesday, March 21, 2018
- NOT AGAIN - 'Multiple casualties' at Maryland school shooting HD Video
- Daily Reading for Thursday, March 22nd, 2018 HD
- Daily Reading for Wednesday, March 21st, 2018 HD
- International study shows stem cells can stop MS and relieve symptoms HD
- Daily Reading for Tuesday, March 20th, 2018 HD
Learn about Catholic world
Inform - Inspire - Ignite
Catholic Online Saints
Your saints explained
Catholic Online Prayers
Prayers for every need
Catholic Online Bible
Complete bible online
Catholic Online News
Your news Catholic eye
Today's bible reading
Products and services we offer
Catholic Online Shopping
Catholic medals, gifts & books
The California Network
Inspiring streaming service
Learn the Catholic way
Teacher lesson plans & resources
Support Free Education
Tax deductible support Free education