Home
/
RELIGION & LIBERTY ONLINE
/
Is Pope Francis’ economic critique holding back the poor?
Is Pope Francis’ economic critique holding back the poor?
Feb 12, 2026 4:18 AM

Earlier this month, Pope Francis addressed a roomful of top oil executives panies such as BP and Norwegian Oil, imploring them to solve the energy deficit in developing nations, while issuing a challenge to keep that energy clean and renewable.

“Our desire to ensure energy for all must not lead to the undesired effect of a spiral of extreme climate changes due to a catastrophic rise in global temperatures, harsher environments and increased levels of poverty,” Francis said.

As Francis succinctly put it, “Civilization requires energy, but energy use must not destroy civilization!”

Indeed, Francis wrestles with a tough question. Economic development and environmental conservation are two subjects that seem wildly opposed to each other, but dire consequences ensue in neglecting either one. Francis asks in haunting words, “Progress has indeed been made. But is it enough? Will we turn the corner in time?”

If climate change really does pound as hard as Francis says on the door of catastrophe, then no, the “progress” we have made is not enough. As long as there are still 3 billion people living in poverty, as long as greenhouse emissions are still on the rise even after the Paris Agreement, and as long as Francis continues to lambaste the free market economy, then we will always be too late.

But with white knuckles Francis holds on tight to his systematic rejection of the market economy, especially seen in his first Apostolic Exhortation, Evangelii Gaudium. See this Acton Institute analysis.

Some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world. This opinion, which has never been confirmed by the facts, expresses a crude and naïve trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system. Meanwhile, the excluded are still waiting.

Contrary to Francis, Pope John Paul II takes pletely different stance in Centesimus Annus: “On the level of individual nations and of international relations, the free market is the most efficient instrument for utilizing resources and effectively responding to needs.”

Francis speaks with great certainty on social and economic issues but is this certainty unfounded, especially given the data on free markets and climate change, which he ignores, and given the traditional papal teaching on free markets, which he contradicts?

Now, to be fair, there are still great social dangers that are not solved explicitly by free markets, such as consumerism and pollution. But why does Francis emphasize these social issues over the more pressing question of poverty? When people are not even able to survive due to restrictive economic policies that choke and disable all possibilities of growth and prosperity, why does something so controversial as climate change take precedence?

Faith and reason demand harmony, but there are two extremes to watch out for. One can rely on reason so much, that faith is pushed out of the picture. One can also rely on faith so much, that reason is pushed out as well. As John Paul II says in Fides et Ratio,

Deprived of reason, faith has stressed feeling and experience… It is an illusion to think that faith, tied to weak reasoning, might be more penetrating; on the contrary, faith then runs the grave risk of withering into myth or superstition.

What we see in Francis’ economic policy is an analysis of social issues without the required sound reasoning, experience, or expertise. Trying to cure poverty in the way Francis suggests, is like trying to solve a math problem with prayer. It just doesn’t make any sense without sound economics.

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
Is there something inherently evil about Capitalism?
What is the role that Christians play in business and the marketplace? A recent episode of Equipped with Chris Brooks, titled “Is Capitalism bad business?” wrestles with that question and more. During his introduction, Brooks explains why he was pondering the question and there are a couple of reasons. The majority of “Equipped” listeners are not clergy, but men and women who work in the marketplace. Because of that, Brooks wants to talk about the “good that business does” and...
Catholicism in a world of secular moralism
Acton Institute Director of Research, Samuel Gregg, wrote a piece for The Catholic World Report yesterday talking about Catholics in an age of secular moralism. Often times, Catholics fall into a trap of reducing their faith to various political, economic, and social agendas, losing sight of what is at the core of true Catholicism. This is what Gregg calls secular moralism. Gregg explains this “new morality:” Moralism, however, isn’t limited to the Christian realm. It has many secular counterparts. Prominent...
Should religious exemptions be given even if they harm third parties?
“Religious liberty exemptions should be given as long as _____________.” How would you fill in the rest of that sentence? Most Americans (who are somewhat sympathetic to religious freedom) would say as long as “they don’t harm third-parties.” But is that the right standard? Thomas C. Berg has an analysis of the question in the Federalist Society Reviewin which he argues that harmful effects should not automatically be a reason to deny exemptions: The chief assertion of this article is...
How Texas churches are fighting predatory lending on behalf of the poor
How should Christians address predatory lending that takes advantage of the poor when they are in dire straits? As I’ve argued before, I believe a helpful first step is to get churches and other faith-based organizations involved in providing short-term loans and financial counseling. But sometimes education and sacrificial generosity is not enough to solve the problem, munities have to pursue other measures. A prime example is found in Texas where several groups—including an alliance of Baptists and Catholics—worked to...
Sarah Stanley: Profile of North Korean artist Sun Mu
Today at The Federalist, Acton associate editor Sarah Stanley penned an article profiling an artist from North Korea who goes by the name of Sun Mu.This profile is inspired by a recent documentary that highlights the lifeof the artist. Sun Mu defected from the oppressive state in the late 1990s and since then has been creating art that depicts the story of his life in North Korea. In order to protect his family, Sun Mu can’t use his real name....
Acton Institute’s Assisi conference explores roots of poverty, engines of wealth
On September 12-14 the Acton Institute’s Rome office hosted its third annual “Economics, Development and Human Flourishing” conference in Assisi for seminarians and formation staff of the Vatican’s Pontifical Urban College. Intense discussion and open debate was stimulated by challenging lectures on economics, political philosophy, anthropology, and Catholic social doctrine. The lectures were reinforced by showings of the Institute’s video curriculum “PovertyCure”, a six-episode DVD rich in graphic content, intellectual analysis and dramatic stories about poverty in Africa, Asia and...
What WALL-E and Wilhelm Röpke teach us about work and economics
Humans have a tendency to daydream about a day or a place where work is no more, whether it be a retirement home on a golf course or a utopian society filled with leisure and merriment. But is a world without work all that desirable? In a recent lecture at Southeastern Baptist Theological Seminary, the question is explored by Dr. Hunter Baker, winner of the Acton Institute’s 2011 Novak Award and author, most recently, of The System Has a Soul:...
How to understand the supply curve
Note: This is the thirdpost in a weekly video series on basic microeconomics. The supply curve seems like an easy enough concept to understand: it’s a graphic representation of the relationship between the quantity of product that a seller is willing and able to supply at a particular price. The implications for how this affects the supply of goods and services, though, is more profound than we often realize. For example, as this video from Marginal Revolution University shows, the...
A husband’s unemployment increases the risk of divorce
As I note every month when reporting on the latest unemployment data, jobs are one of the most important aspects of a morally functioning economy. They help us serve the needs of our neighbors and lead to human flourishing both for the individual and munities. Conversely, not having a job can adversely affect spiritual and psychological well-being of individuals and families. In fact, a new study finds that for marriages formed after 1975, a husbands’ lack of full-time employment is...
What Christians should know about fractional reserve banking
Note: This is the latest entry in the Acton blog series, “What Christians Should Know About Economics.” For other entries inthe series seethis post. The Term:Fractional Reserve Banking What it Means:Understanding fractional reserve banking is easier if we separate what it is (which is rather simple to explain) and the effects the system produces(which is slightly plicated). Let’s start by taking the term fractional reserve banking and working backwards. First, there is the banking part. For our purposes we mainly...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved