Pope Francis has sparked uproar with inflammatory comments on capitalism and markets based on his passion to help the poor and his experience of crony capitalism in Argentina. He has called for a dialogue on building a compassionate society and the Independent Institute has responded with a high powered collection of papers led by the late and great Michael Novak who wrote the Foreword not long before he died in February last year. The book is Pope Francis and the Caring Society.
Many of the contributors are Christian believers of various kinds and they have made a big effort to embrace the dialogue on the assumption that Pope Francis is genuine in his humanitarian concerns and in the hope that he might be prepared to learn some economics like the great Polish Pope John Paul. Economic issues are thoroughly treated, especially the power of markets to liberate the poor if only there is a framework of law and property rights and a vibrant civil society. Several contributors pay attention to the Pope’s wayward and scientifically illiterate views on the environment and ecological issues.