Home
/
RELIGION & LIBERTY ONLINE
/
Pope Francis wants us to pray for small and medium-sized enterprises
Pope Francis wants us to pray for small and medium-sized enterprises
Jan 21, 2026 11:07 AM

In a surprising change in tone, Pope Francis issued a call to pray for businesspeople who “dedicate an immense creative capacity to changing things from the bottom up.” Is the class-warfare rhetoric over?

Read More…

Who would ever have guessed this would happen? Well, it did. And in the quiet month of Rome’s roasting August, when the city experiences a near-total exodus to cooler climes. Very few journalists, in either the religious or secular press, noticed. Yet, it rightfully made headlines in The National, an online news service based in the developing nation of Papua New Guinea.

As part of his monthly intention, released worldwide through the Pontifical Dicastery for Laity, Family and Life, Pope Francis requested we pray steadfastly for SMEs, small and medium-sized enterprises, even while most of us are vacationing and enjoying the fruits of our labors. As a hardcore advocate of entrepreneurship in Rome, I’ve been waiting two decades to hear a clergyman, no less a pope, acknowledge the value of SMEs. Needless to say, the August 2 announcement was very e news.

In his video message, Francis said, to the surprise of many free marketeers: “Let us pray for small and medium-sized businesses, hard hit by the economic and social crisis, so they may find ways to continue operating, and serving munities.”

I’m being a little facetious with my mock-shock tone. After all, as in this recent article, I would never claim the pope is 100% anti-capitalist. This particularly rings true in the very same month he’s preparing a reform of the Vatican’s investment strategies to be not only more transparent and less scandal-prone, but above all ethically responsible and prudentially productive. Even if Francis does have a penchant for zingers aimed at so-called unbridled capitalists (do these bogeymen even exist?), labeling their “idolatry of money” as the “dung of the devil,” and even later admitting that money-grubbing is rife inside the Catholic Church, he still supports entrepreneurs.

In fact, small and medium-sized businesses are particularly endearing to the pope, says French Jesuit and director of the pope’s Worldwide Prayer Network Fr. Frédéric Fornos, because these underdogs courageously keep critical business services and products afloat during very stormy economic times. Fornos cleverly adds that they are part of a “Noah moment,” an opportunity for SMEs “to build something different” from “the bottom up.”

In his message, Francis clarifies his call to spiritual warfare in support of SMEs:

As a consequence of the pandemic and the wars, the world is facing a grave socio-economic crisis. Among those most affected are small and medium-sized businesses: stores, workshops, cleaning businesses, transportation businesses, and so many others. …They all dedicate an immense creative capacity to changing things from the bottom up, from where the best creativity es from. With courage, with effort, with sacrifice, they invest in life, creating well-being, opportunities, and work.

Francis’ statement is especially empowering to entrepreneurs of small and midsize industrial capacity. They, too, often humbly forget (despite being frequently reminded by the U.S. International Trade Commission) that they are the behemoth of the American economy: “SMEs make up 99.9 percent of all U.S. businesses and employ approximately 60.6 million people, or 47.1 percent of the private workforce.”

Bingo, Pope Francis! SMEs are our economic bedrock, and it is no different, on average, in any other national economy. Collectively, SMEs are a veritable “superpower.” As the World Bank glowingly reports:

SMEs account for the majority of businesses worldwide and are important contributors to job creation and global economic development. They represent about 90% of businesses and more than 50% of employment worldwide. Formal SMEs contribute up to 40% of national e (GDP) in emerging economies.

Now let’s get to Francis’ deeper spiritual point. In helping to build up economic prosperity for munities, and even the world’s wealthiest nations, SME entrepreneurs conduct risky business. However, in doing so, they at least act valiantly as dignified “subjects.” This is the papal legacy of St. John Paul II, who taught us in his Cold War­–era social encyclical Laborem exercens that free-willed, creative work is a good thing for the human soul’s earthly fulfillment. Like the Polish anti-Marxist, the Argentine pope hails from a morally and financially bankrupt economy. Francis has seen too many “little guys” snuffed out by corporatist corruption, monopolies, and cartels that prevented them from realizing their God-given vocational potential. Often they are treated as underlings, a mere means to someone else’s dreams, or as ever-spinning cogs in centralized-government plans. Or worse still, they fail in their potential when economies offer no opportunity at all, as in countries like Burundi and Sierra Leone, part of the world’s “bottom 10.”

While Pope Francis’ prayer intention may not exactly mean his class warfare rhetoric is over and done with, as he fires yet another arrow at the rich (SMEs are “the ones that don’t appear on the world’s richest and most powerful lists, … [they] invest in mon good instead of hiding their money in tax havens”), his moral and practical point still holds water. SMEs play a more than significant role in keeping economies from sinking into an abyss of financial devastation and destitution.

Small and medium-sized entrepreneurs should be dead proud of their economic class, not envious of anyone. All said,2022 represents more than just a “Noah moment” for SMEs; they are called to play a unique and necessary role for as long as healthy, free markets exist. And they always need our prayers.

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
Entrepreneurship by example
Of all the schools founded by Robert Luddy, author of the new book Entrepreneurial Life: The Path from Startup to Market Leader, not one of them has a cafeteria. The schools have gyms and Apple TVs, but none of the facilities needed to provide lunches each day. Yet, when I show visitors around the campus of Thales Academy, a chain of private schools Luddy founded in 2007 where I teach, the absence of a cafeteria is actually a bonus I...
Rev. Sirico: What I learned from Michael Novak
Today is the first anniversary of the death of Michael Novak. The theologian, scholar, and writer was one of the most influential Catholic thinkers of his generation, and an indefatigable champion of free enterprise, democracy, and liberty. During his life Novak was a prolific writer. In addition to being the author or editor of more than 50 books, he wrote a syndicated column that was nominated for a Pulitzer. He was also a teacher (he taught at Harvard, Stanford, SUNY...
Can capitalism be saved from conservatives?
“The diversity of American conservatism would astound those pundits, politicians, and critics who believe conservatism is a rigid ideology aimed at privileging the wealthy (and the white),” says Gregory L. Schneider in this week’s Acton Commentary. Peter Kolozi’s new bookConservatives Against Capitalism: From the Industrial Revolution to Globalizationshowcases a conservatism fortable with free-market capitalism — which adherents see as revolutionary and disruptive of tradition — and traces its origins from the antebellum South, to the election of Donald Trump, profiling...
Herman Bavinck on love, economics, and the reformation of society
When we think about markets, we often think only in terms of mathematics or money. But at a deeper level, markets are simply networks of human relationships. When we participate in economic activity, we aren’t just creating wealth; we are munities, cultures, and civilization, partnering with God and neighbor in a divine exchange of gifts, blessings, and love. Yes, love! Yet the mere existence of markets doesn’t mean that such love will manifest itself accordingly. For that, we’ll need to...
NPR: If you have to beg, do it in a capitalist country
Christian life relies on faith, not on sight. But it is a serendipity when social science bears out its teachings about spiritual and religious freedom – and it is particularly delicious when those findings are featured on NPR. “The world’s wealthiest and most individualistic countries also happen to be some of the most altruistic,” wrote Georgetown University’s Abigail March on the news service’s website. A 2017 study (which relies, in part, on the work of Angus Deaton) has found “dramatic...
Around the Old World-Sea
Later today we’re having a book launch discussion about the latest volume in the Abraham Kuyper Collected Works in Public Theology, On Islam. This book is a selection from a travel narrative Kuyper published after he voyaged around the Mediterranean Sea in 1905-1906. For those who are unable to join us in Grand Rapids, the event will be available via a live stream and will also be archived for viewing later. For those interested in learning more about Kuyper’s trip,...
Radio Free Acton: Greg Forster on the legacy of Whittaker Chambers, Econ Quiz on income inequality, Upstream on Ursula K. Le Guin
On this episode of Radio Free Acton, Paul Bonicelli, director of programs and education at Acton, and Trey Dimsdale, director of program outreach at Acton, speak with Greg Forster, director of the Oikonomia Network and visiting assistant professor of faith and culture at Trinity International University, on the legacy and modern relevance of Whittaker Chambers and his landmark book,Witness. Then, Dave Hebert, professor of economics at Aquinas college, joins us on the Econ Quiz segment to talkabout e inequality. Finally,...
Riding the net neutrality see-saw
This week, I was one of menters consulted in Nicholas Wolfram Smith’s article “FCC Repeal of Net Neutrality Leads to Lively Fight” for the National Catholic Register. I think Smith did a fine job conveying my primary concern: But according to Dylan Pahman, a researcher and managing editor of Acton Institute’s Journal of Markets & Morality, one of the problems with the 2015 net neutrality regulations was that it gave the government far too much regulatory power over ISPs. At...
What economists mean by ‘signaling’
Note: This is post #68 in a weekly video series on basic microeconomics. Economists often make such claims as “a college diploma is an example of signaling.” What exactly do they mean by ‘signaling’? A signal is an action that reveals information, explains Tyler Cowen. In this video by Marginal Revolution University, Cowen looks at higher education, and shows how a a large fraction of the value you receive from your es on the day you earn your diploma. (If...
The future of work: How a ‘design narrative’ changes our perspective
Given the breakneck pace of improvements in automation and artificial intelligence, fears about job loss and human obsolescence are taking increasing space in the cultural imagination. The question looms: What is the future of human work in a technological age? In A World Without Work: Technology, Automation, and the Future of Work, a new collection of essays from AEI’s Values and Capitalism project, four academics explore those concerns from a Christian perspective.“Will job e in new sectors that we cannot...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved