Home
/
RELIGION & LIBERTY ONLINE
/
Is Pope Francis’ economic critique holding back the poor?
Is Pope Francis’ economic critique holding back the poor?
Jan 12, 2026 10:04 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
Roger Scruton: No escaping morality in economics
Roger Scruton has written an excellent piece on the moral basis of free markets;it’s up at MercatorNet. He begins with the Islamic proscriptions of interest charged, insurance, and other trade in unreal things: Of course, an economy without interest, insurance, limited liability or the trade in debts would be a very different thing from the world economy today. It would be slow-moving, restricted, paratively impoverished. But that’s not the point: the economy proposed by the Prophet was not justified on...
VIDEO: Anthony Bradley on ‘Black and Tired’ at The Heritage Foundation
Acton Research Fellow Dr. Anthony Bradley spoke about his book Black and Tired: Essays on Race, Politics, Culture, and International Development at The Heritage Foundation earlier this month, and the video is now online. Dr. Bradley explained just why he called his book “Black and Tired:” The hopes and dreams, aspirations, virtues, institutions, values, principles that created the conditions that put me here today, are being sabotaged and eroded by those who have good intentions, but often do not think...
The Need to be a Victim
For some, in our still largely affluent society, there is a deep seated need to be a member of the victim class. The background of your socioeconomic privilege is no obstacle, as they must create a narrative that points to being a victim. While some might aspire to sainthood, others aspire to victimhood. This video and report courtesy of The Blaze sums it up well. It would be unfortunate if charades like this drown out the real instances of injustice...
The invisible sources of entrepreneurship
Entrepreneurs take risks, they see opportunities that others do not, and they turn those opportunities into businesses. It’s perhaps counterintuitive, but this risk-taking actually requires stable social foundations. Entrepreneurs need to know that ground is solid before they risk a jump. Read More… There is great enthusiasm for entrepreneurship these days. There are social entrepreneurs, intellectual entrepreneurs, educational entrepreneurs and even intra-preneurs (entrepreneurs within their panies). Entrepreneurs like Steve Jobs and Bill Gates are held up as model citizens. Magazines...
Charles Schwab and Ted Leonsis: ‘We aren’t the problem’
Billionaire Democrat Ted Leonsis wrote a posting titled “Class Warfare – Yuck!” on his blog yesterday, in which he implored the president, to whose campaign he donated the maximum amount: “Hit a reset button ASAP. Rethink how to talk to businesses and sell business leaders on your plan to make America great! Many of us want to be a part of the solution. We aren’t the problem.” Today, Charles Schwab published an opinion piece in the Wall Street Journal, and...
Religion & Liberty: An Interview with Metropolitan Jonah
Religion & Liberty’s summer issue featuring an interview with Metropolitan Jonah (Orthodox Church in America) is now available online. Metropolitan Jonah talks asceticism and consumerism and says about secularism, “Faith cannot be dismissed as partmentalized influence on either our lives or on society.” Mark Summers, a historian in Virginia, offers a superb analysis of religion during the American Civil War in his focus on the revival in the Confederate Army. 2011 marks the 150th anniversary of America’s bloodiest conflict. With...
Top 5 Lessons from the Solyndra Failure
The green tech firm Solyndra secured at $535 million federal loan guarantee in 2009 and was touted as an example of a promising green future. A month ago, pany went bankrupt. Here are the top five lessons we should learn from Solyndra’s collapse. 5. Both sides of the aisle are involved. Republican support of federal “investment” is routine — in fact, the DOE program that made Solyndra’s loan was approved by President Bush. It is true that Solyndra’s original application...
Samuel Gregg: Imitate Sweden’s Economic Liberation, Not Her Failed Socialism
Acton’s director of research Samuel Gregg has a piece over at The American Spectator that may surprise big government liberals. (We know you read this blog.) In “Free Market Sweden, Social Democratic America,” he lays out the history of Sweden’s social democracy — its nature and its effects on the country’s economy — and then draws lessons for the United States. The Scandinavian country isn’t quite the pinko nanny state Americans like to look down upon, and we’ve missed their...
Why the Journal of Markets & Morality?
In the latest issue of Religion & Liberty, Acton Institute executive direct Kris Mauren answers the question, “Why does the Acton Institute publish the Journal of Markets & Morality?” For more, check out my interview with Micheal Hickerson of the Emerging Scholars Network. You can support the work of the journal by getting a subscription for yourself or mending a subscription to your library of choice. ...
Arthur Koestler Here and Now
On The Freeman, PowerBlog contributor Bruce Edward Walker marks the 70th anniversary of the publication of Arthur Koestler’s Darkness at Noon and the essay “The Initiates” published a decade later in The God that Failed. As Walker notes, “it’s a convenient opportunity to revisit both works as a reminder of what awaits all democratic societies eager to abandon liberties for the sake of utopian ideologies.” Koestler’s Noon, he says, is where the author is at the height of his powers...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved