Home
/
RELIGION & LIBERTY ONLINE
/
What Pope Francis needs to say about wealth
What Pope Francis needs to say about wealth
Apr 5, 2026 4:38 PM

In his most recent homily Pope Francis said that amassing wealth—both money and land—while children suffer and die is a morally unacceptable form of idolatry. There’s an “idolatry that kills,” said Francis, that makes “human sacrifices” by those who are hungry of money, land and wealth, who have “a lot” in front of “hungry children who have no medicine, no education, who are abandoned.”

From a biblical perspective, Francis is correct. But there is more he needs to say about wealth.

Earlier this year two evangelical groups, theLausanne MovementandBAM Global, released a paper on wealth creation and the poor. In the paper they note that the Bible talks about wealth in three ways; one is bad and two are good.

Hoarding of wealth is condemned. Sharing of wealth is encouraged. Creation of wealth is both a godly gift and mand, and there is no wealth to be shared unless it has first been created. But all too often the issue of wealth creation is misunderstood, neglected, or even rejected. The same thing applies to wealth creators.

The paper acknowledges Francis’s laudable concern for the poor, but notes that the focus on short term aid and distribution doesn’t address the underlying need to create more wealth for the poor:

In the past few years, Pope Francis has put the spotlight on the poor of the world and asked the Roman Catholic Church to follow the example of Francis of Assisi’s (his namesake) church of the poor. Pope Francis asked the church to be generous to the poor when he said, ‘without divesting ourselves [of worldliness], we would e pastry-shop Christians, like beautiful cakes and sweet things but not real Christians’.

Over the last few centuries, the church around the globe has, in general, responded to poverty and suffering through charity and aid for temporary and short-term relief. Yet, more often than not, that response has not addressed long-term needs, such as employment, and even worse, these interventions have hurt detrimentally instead of helping. The global and local church need to continue making this crucial shift, from the giver-receiver mentality to a truly dignified approach to walk alongside people as they work themselves out of poverty. Therefore, now is the time for the church to reassess its means of helping the poor and to shift its approach in order to have a long-lasting and dignified impact on munities, and nations.

Pope Francis has done an admirable job of calling people to condemnthe hoarding of wealth and encourage sharing of our prosperity. Now it’s time for him to more fully championthe creation of wealth so that a greater number of the global poor can share in dignity of being wealth creators.

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
Bill McKibben, Climate-Change Opportunists, and the Pope’s Encyclical
I recently enjoyed a brief back-and-forth with 350.org co-founder Bill McKibben in which he claimed that I accused him of lacking religious faith. That most assuredly was not the case. I told him so, but also stood by my initial assertion that he and other environmental activists are cherry-picking Pope Francis’ Laudato Si for religious and moral firepower on climate-change while ignoring those elements that are core Roman Catholic teachings with which they disagree. Let’s look at Mr. McKibben’s religious...
What are Sanctuary Cities?
Yesterday Zack Pruitt explained why when “sanctuary cities” disregard the rule of law on immigration, humanitarian issues e clouded and morality is challenged. But what exactly are sanctuary cities? This short video byThe Daily Signal explains what they are and why they’ve e so controversial. ...
Book Review: ‘Under the Same Sky: From Starvation in North Korea to Salvation in America’
North Korea has been cut off from the rest of the world for nearly 70 years and few people outside of its borders – especially in the West – have a realistic picture of how life really goes on. Yes, we know it’s a horrible place, essentially a giant concentration camp, but how do North Koreans live their lives? Joseph Kim’s memoir, with contributions from Stephan Talty, Under the Same Sky: From Starvation in North Korea to Salvation in America...
What if we redistributed all profits to workers?
A plaint by the political left is that the CEOs of panies earn too much money. The implication is not, however, that the “excess” money should be distributed to the shareholders (who actually own pany). Instead, the ideais that “fairness” requires that much of theprofitthat normally goes toward the CEO’s pay should be redistributed to the rest of pany’s employees. But what if we took it a step further: What if we redistributed all corporate profits to workers? What if...
Jeb Bush Says Work Harder; Americans Respond By Complaining
During a recent interview, presidential candidate Jeb Bush outlined his economic plan, which included a goal of achieving 4 percent economic growth. As for how we might achieve thatgrowth, Bush went mita grave and sinful error, daring implythat Americans might need to work a bit harder: My aspiration for the country —and I believe we can achieve it —is 4 percent growth as far as the eye can see,” he told the newspaper. “Which means we have to be a...
Addis Ababa: The Next Discussion on Poverty and Development
A new stage is set for an old conversation. This week marks the Third International Conference on Financing for Development (FFD3) held in Addis Ababa, Ethiopia. Bringing in representatives of almost 200 countries, it has drawn attention from the anti-poverty crowd across the globe. Whether they are members of NGOs, churches, celebrities, or politicians, many concerned about the developing world have their ears turned to Ethiopia. FFD3 isn’t the first conference of its kind. The original summit took place in...
Video: Jayabalan on Pope Francis and Economic Globalization
Kishore Jayabalan, director of the Istituto Acton in Rome, talked to Voa News yesterday about the flaws in Pope Francis’s pronouncements on free markets and globalization, as articulated in the recent encyclical Laudato Si’. “When the pope says that this economy kills, that this economy destroys the environment, I’m not quite sure what economy he’s talking about,” said Jayabalan. Read the full article here. ...
New Issue of the Journal of Markets & Morality (18.1)
Our most recent issue of the Journal of Markets & Morality has now been published online and print issues are in the mail. Volume 18, no. 1 is a special issue. Guest editor Shirley Roels details the origins of the contributions in her (open access) editorial: To highlight the 2013–2014 English publication of the first volume of [Abraham] Kuyper’s mentary mon grace, the Calvin College Business Department organized an October 2014 symposium, which was co-sponsored by the Acton Institute. Faculty,...
Economy of Wonder: Buzz Aldrin Takes Communion in Space
Today marks the 46th anniversary of the day we landed on the moon, and as we look back on that monumental moment, it’s worth remembering the efforts taken by one astronaut topause and recognize hiscreator. Prior to the lift-off of Apollo 11, Buzz Aldrin spoke with his pastor about finding the “right symbol for the first lunar landing.” After some discussion, they agreed it was munion service, and the scripture passage he’d use would be John 15:5: “I am the...
Senator Scott’s Passionate Speech on School Choice
Last week Senator Sen. Tim Scott (R-SC) proposed an amendment to the reauthorization of No Child Left Behind bill that would allow Title I funds–the funds the federal government allocates to districts with high-poverty populations–to follow students out of their assigned district schools to schools of choice. Democrats in the Senate (joined by six Republicans) successfully fought to keep the portability amendment as well as school vouchers out of the legislation. As Think Progress explains, the White House and Senate...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved