Home
/
RELIGION & LIBERTY ONLINE
/
An Economics Ode to Joy
An Economics Ode to Joy
Mar 28, 2025 7:05 PM

In the weeks since the June 18 release of Laudato Si, the discussion has bifurcated into the realms of prosaic, progressive pantheistic pronouncements that Earth requires tender ministrations post haste on one hand. On the other hand, there are those who assert the encyclical gets it right on the value of protecting human life but miserably wrong when Pope Francis identifies free-market economics as greed’s handmaiden intent on destroying the planet for a quick buck.

Never mind whether you ascribe to theories declaring human activity is causing catastrophic climate change or remain skeptical, your writer is joined by many who stress His Holiness is mistaken on economic matters. I and others such as National Review recognize progressives conveniently ignore whole portions of Laudato Si on human life grounded in Roman Catholic doctrine while embracing Pope Francis’ speculation that pursuit of wealth is akin to the “dung of the devil.”

There is an undeniable majesty to the papacy, one that is politically useful to the Left from time to time. The same Western liberals who abominate the Catholic Church as an atavistic relic of superstitious times and regard its teachings on sexuality as inhumane are celebrating Pope Francis’s global warming encyclical, Laudato Si, as a moral mandate for their cause. So much for that seamless garment.

Pope Francis’ “characteristic line of thought,” writes National Review in its July 20 issue:

[C]ombines an admirable and proper concern for the condition of the world’s poor with a crude and backward understanding of economics and politics both. Any number of straw men go up in flames in this rhetorical auto-da-fe, as the pope frames his concern in tendentious economic terms: “By itself, the market cannot guarantee integral human development and social inclusion.” We are familiar with no free-market thinker, even the most extreme, who believes that “by itself, the market can guarantee integral human development.”

There are any number of players in social life – the family, civil society, the large and durable institution of which the pope is the chief executive – that contribute to human flourishing. The pope is here taking a side in a conflict that, so far as we can tell, does not exist.

Summing up, the editors take issue with Laudato Si’s “neo-Malthusian” message in which Pope Francis “laments ‘technocracy’ and consumption that seems to him ‘extreme.’”

This latter objection strikes us as particularly objectionable: The economic progress of the late 20th century and early 21st century – which is to say, the advance of capitalism – particularly in the areas of agriculture, medicine, and energy, has not so much enabled consumption that is excessive in the rich world as adequate in places such as India and China, where famine, once thought to be a permanent and ordinary part of life, has largely disappeared. This e was made possible not by the political oversight of economic activity that the pope contemplates but by its partial abandonment.

The pope’s stridently anti-development vision would be the opposite of a blessing for the world’s poor. Laudato? No.

To which I can only add, quoting the Beatles, it’s getting better all the time. That song’s once-abusive protagonist makes incremental changes to improve his lot. Similarly, humanity has innovated and prospered to the benefit of a large swath of the Earth’s population. Prior to release of his most recent book, The Conservative Heart, American Enterprise Institute President Arthur Brooks spoke with the Wall Street Journal’s William McGurn last weekend:

When he was a child, Mr. Brooks notes, one of four people lived on less than a dollar a day. Today, though we still have far to go, the advance of trade and a globalized economy has shrunk that figure to one of 20.

The liberation of hundreds of millions from desperate poverty ranks among the greatest success stories in history. But it’s a story that remains largely untold and mostly unheralded. In his new book, The Conservative Heart, Mr. Brooks puts it this way: “Capitalism has saved a couple of billion people and we have treated this miracle like a state secret.”

AEI aims to change that. “We should be shouting it from the rooftops,” he says. “If Beethoven were alive today, he would dedicate the “Ode to Joy” to this miracle. In the very first verse of that poem – which inspired Beethoven’s Ninth Symphony – we hear, ‘Beggars e Princes’ brothers!’ If this is so, it is because of free enterprise.

Critics of free markets, says Brooks, “are limited by materialistic assumptions about wealth and its production.” Does this sound like any recent Vatican resident to readers?

Capitalism, [Brooks] insists, succeeds not because it is based on greed, but because the freedom to trade and do business with others is in harmony with our God-given nature. So he has no patience for those who fear the moral argument.

“We need to know Adam Smith who wrote The Theory of Moral Sentiments as well we do the Adam Smith who wrote The Wealth of Nations,” he says. “Because when you do, you begin to understand we are hardwired for freedom by the same Creator who gave us our inalienable rights.”

Mull that over for a few minutes while you enjoy listening to the glory of Beethoven and the delight of the Beatles. Both capture what the poet William Wordsworth indicated when he wrote the immortal lines in The Prelude: “Bliss was it in that dawn to be alive,/But to be young was very Heaven!” while remembering The Who’s adage: “You can dance while your knowledge is growing.” Why must Pope Francis be so pessimistic when all the empirical facts refute the economic claims he makes in Laudato Si?

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Verse of the Day
  Commentary on Today's Verse   Commentary on 1 Peter 5:5-9   (Read 1 Peter 5:5-9)   Humility preserves peace and order in all Christian churches and societies; pride disturbs them. Where God gives grace to be humble, he will give wisdom, faith, and holiness. To be humble, and subject to our reconciled God, will bring greater comfort to the soul than the gratification...
Verse of the Day
  Commentary on Today's Verse   Commentary on Psalm 57:7-11   (Read Psalm 57:7-11)   By lively faith, David's prayers and complaints are at once turned into praises. His heart is fixed; it is prepared for every event, being stayed upon God. If by the grace of God we are brought into this even, composed frame of mind, we have great reason to be...
Verse of the Day
  Commentary on Today's Verse   Commentary on James 1:1-11   (Read James 1:1-11)   Christianity teaches men to be joyful under troubles: such exercises are sent from God's love; and trials in the way of duty will brighten our graces now, and our crown at last. Let us take care, in times of trial, that patience, and not passion, is set to work...
Verse of the Day
  Commentary on Today's Verse   Commentary on Ecclesiastes 5:9-17   (Read Ecclesiastes 5:9-17)   The goodness of Providence is more equally distributed than appears to a careless observer. The king needs the common things of life, and the poor share them; they relish their morsel better than he does his luxuries. There are bodily desires which silver itself will not satisfy, much less...
Verse of the Day
  Matthew 7:24-27 In-Context   22 Many will say to me on that day, 'Lord, Lord, did we not prophesy in your name and in your name drive out demons and in your name perform many miracles?'   23 Then I will tell them plainly, 'I never knew you. Away from me, you evildoers!'   24 Therefore everyone who hears these words of mine...
Verse of the Day
  Jeremiah 32:17 In-Context   15 For this is what the Lord Almighty, the God of Israel, says: Houses, fields and vineyards will again be bought in this land.'   16 After I had given the deed of purchase to Baruch son of Neriah, I prayed to the Lord:   17 Ah, Sovereign Lord, you have made the heavens and the earth by your...
Verse of the Day
  Commentary on Today's Verse   Commentary on 1 John 4:7-13   (Read 1 John 4:7-13)   The Spirit of God is the Spirit of love. He that does not love the image of God in his people, has no saving knowledge of God. For it is God's nature to be kind, and to give happiness. The law of God is love; and all...
Verse of the Day
  Romans 8:6-8 In-Context   4 in order that the righteous requirement of the law might be fully met in us, who do not live according to the flesh but according to the Spirit.   5 Those who live according to the flesh have their minds set on what the flesh desires; but those who live in accordance with the Spirit have their...
Verse of the Day
  Commentary on Today's Verse   Commentary on Psalm 27:1-6   (Read Psalm 27:1-6)   The Lord, who is the believer's light, is the strength of his life; not only by whom, but in whom he lives and moves. In God let us strengthen ourselves. The gracious presence of God, his power, his promise, his readiness to hear prayer, the witness of his Spirit...
Verse of the Day
  Daniel 4:34-35 In-Context   32 You will be driven away from people and will live with the wild animals; you will eat grass like the ox. Seven times will pass by for you until you acknowledge that the Most High is sovereign over all kingdoms on earth and gives them to anyone he wishes.   33 Immediately what had been said about...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved