National Catholic Reporter

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Capitalism

Once Pope Francis knows US capitalism, he will love it, says Catholic theologian-economist

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Fr. Martin Schlag is a trained economist as well as a Catholic moral theologian, and when he first read some of Pope Francis’ powerful critiques of the current free market system, he had the same thought a lot of Americans did: “Just horrible.”

But at a meeting Monday at the Harvard Club, Schlag, an Austrian-born priest who teaches economics at an Opus Dei-run university in Rome, reassured a group of Catholics, many from the world of business and finance, that Francis’ views on capitalism aren’t actually as bad as he feared.

Let Easter release your inner immortal

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When we lose a sense of the immortal, we lose more than a dusty old idea. We lose a sense of storied time. We lose a sense of beginning and end, and we float in a world where the devils easily have their way with us.

One devil is capitalism. Not all capitalism is demonic but enough of it is to notice and name. Some of it is energetic, curious and interesting, urgent to find the optimum human potential. But much of its wine has become vinegar. It acts like a whip, beating its horse to go faster and faster, long after the horse has no idea where it is going with such speed. 

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In This Issue

August 28-September 10, 2015

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