Home
/
RELIGION & LIBERTY ONLINE
/
When Economic Moralism Clashes with Reality
When Economic Moralism Clashes with Reality
May 1, 2026 8:18 AM

With the November 26 publication of Pope Francis’s apostolic exhortation Evangelii Gaudium, we have the first teaching document that is truly his own. And it very much shows, both in style and pared to the encyclical Lumen Fidei, which was mostly written by Pope Benedict XVI. Evangelii Gaudium is full of the home-spun expressions of faith that have made Francis the most popular public figure on the planet, and the exhortation is certain to succeed in challenging all of us to live in more passionate, and self-giving ways. It has also provided some much-needed clarification of the Pope’s previous statements on abortion and marriage that had a few wondering, with only slight exaggeration, whether the Pope was actually Catholic.

By now it is obvious that, in his words and deeds, Pope Francis has a remarkable ability to speak to the heart of mon man, someone who may not know much about or regularly practice his faith but wants to be on good terms with God and other people. It is equally obvious that Francis has made the “new evangelization,” i.e. bringing back fallen-away or secularized Catholics, central to his pontificate. By making the proclamation of the Good News of Jesus his number one priority, the Holy Father is fulfilling his God-given mandate to feed Christ’s sheep. Like nearly everyone else who has been closely watching him in action, I have been moved and inspired to live my faith more intensely, all the while recognizing the inadequacy of my efforts if it weren’t for God’s grace and untiring mercy.

How can we account for Francis’s popularity? Some in the media sense possible changes in Church teaching on all kinds of (mostly sexual) matters, but I think there’s more to it. Pope Benedict’s intellectual approach to explaining Christianity has been followed by Pope monsensical one. Each undoubtedly has its strengths and weaknesses and will carry greater appeal to different sorts of people. It may not be certain how the Holy Spirit selects and inspires any particular pontiff, but one can hazard a guess and say Francis’s style and tone may be exactly what the Church needs at this moment in history.

There are instances, however, when a more considered understanding of technical matters would be preferable; the exhortation’s tirades against the market economy are one. My Acton colleague Sam Gregg does an excellent job of refuting some of the facile and plainly false accusations made against global capitalism in the document, but these words of the Pope in particular grabbed my attention:

[S]ome 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. To sustain a lifestyle which excludes others, or to sustain enthusiasm for that selfish ideal, a globalization of indifference has developed. Almost without being aware of it, we end up being incapable of passion at the outcry of the poor, weeping for other people’s pain, and feeling a need to help them, as though all this were someone else’s responsibility and not our own. The culture of prosperity deadens us; we are thrilled if the market offers us something new to purchase; and in the meantime all those lives stunted for lack of opportunity seem a mere spectacle; they fail to move us.(n. 54)

What do we at Acton make of this? No one I know at Acton thinks economic growth inevitably brings greater justice and inclusiveness. Nor do any of us trust in the goodness of those with economic power or “sacralize” the workings of the market. We do recognize merce brings all kinds of people together in “networks of knowledge and munication” (Centesimus Annus, n. 33) and that such networks promote rather than hinder interdependence and solidarity. As Francis himself notes, marginalization is the biggest threat to the poor and the global economy is one way of bringing them into the fold. This is central theme in the PovertyCure DVD series which Acton recently presented to Pope Francis.

It is additionally difficult to attribute a “globalization of indifference” to the market economy. How many people in America give money and time to the poor and those suffering from natural disasters such as the typhoon in the Philippines? Doesn’t it take great amounts of wealth to be so generous and doesn’t this argue against the Pope’s description? If anything, globalization has made us more aware of and therefore passionate towards the sufferings of others, at pared to previous times when our scope passion would have extended only to those closest to and most like us, as Clifford Orwin has written. How many NGOs vie for our attention to help the less fortunate (which is not limited to humans)? Isn’t this also due to globalization? Has this expansion passion been a net gain or loss for humanity?

The Pope is right to call leaders to task for their responsibility to the poor, but it is unclear why his critiques of welfare (n. 202 and n. 204) do not apply to politicians rather than bankers. It’s also hard to square Francis’s extreme statements on the socioeconomic system (“unjust at its root” n. 59) and money (n. 55) while also praising the “noble vocation” of business (n. 203). What indeed is so noble about business if it takes place in such an unjust setting? How much equality is required in a free society and how much prosperity is “deadening”? No one really knows.

Several years of working in the Holy See and living in Rome have made it evident to me that many Western European and Latin American bishops, priests and religious have a much more negative view of the market economy than their counterparts in the rest of the world. Western Europe and Latin America are also home to increasing government regulation and increasing secularization, confirming Tocqueville’s fears about the patibility of the spirit of religion and the spirit of liberty outside of America. I hope, for the rest of the world’s sake and especially the poor, that this need not be the case. If inclusion is the goal, we need more reflection on how wealth creation takes place and what it takes to allow the poor to succeed, while allowing for the sane redistribution of wealth the Pope calls for to those who cannot help themselves.

It should be noted that Francis’s predecessors also criticized the idolatry of material progress brought about by the expansion of freedom, i.e. when it is panied by a lack of ethics and concern for human dignity. In this regard, Francis said nothing new, but he has said it more broadly and stridently. Religious and moral leaders are supposed to call us to account for neglecting the spiritual side of life and those whom progress had left behind. Yet these leaders also need to appreciate the new opportunities progress gives us to live a more humane, dignified life, especially for those of us who would have been traditionally excluded from it in other times and places. It’s no small achievement to lift billions of people out of absolute poverty in the last three decades, as has happened in China and India.

As I’ve written before, much of what the Pope says is akin to an economic examination of conscience. This current exhortation goes beyond that, however, and would have been more in tune with economic reality if he heeded then-Cardinal Ratzinger’s warnings about moralism in his 1985 talk on “Church and Economy in Dialogue.” Here is the concluding paragraph:

These realms [private Christian belief and public business conduct] e to appear mutually exclusive in the modern context of the separation of the subjective and objective realms. But the whole point is precisely that they should meet, preserving their own integrity and yet inseparable. It is ing an increasingly obvious fact of economic history that the development of economic systems which concentrate on mon good depends on a determinate ethical system, which in turn can be born and sustained only by strong religious convictions. Conversely, it has also e obvious that the decline of such discipline can actually cause the laws of the market to collapse. An economic policy that is ordered not only to the good of the group — indeed, not only to mon good of a determinate state — but to mon good of the family of man demands a maximum of ethical discipline and thus a maximum of religious strength. The political formation of a will that employs the inherent economic laws towards this goal appears, in spite of all humanitarian protestations, almost impossible today. It can only be realized if new ethical powers pletely set free. A morality that believes itself able to dispense with the technical knowledge of economic laws is not morality but moralism. As such it is the antithesis of morality. A scientific approach that believes itself capable of managing without an ethos misunderstands the reality of man. Therefore it is not scientific. Today we need a maximum of specialized economic understanding, but also a maximum of ethos so that specialized economic understanding may enter the service of the right goals. Only in this way will its knowledge be both politically practicable and socially tolerable.

Taking the technical knowledge of economics seriously means giving economic freedom and the desire to better one’s condition their due and not reducing them to the “absolute autonomy” of markets and finance. (A good place to start would be these lectures on human capital by Nobel Laureate Gary Becker, referred to me by Luanne Zurlo, a speaker we recently hosted and who has extensive experience on Wall Street and in Latin America.) Moral leaders need to show awareness of the necessities and workings of the human endeavor they are critiquing if they hope to have any influence among those responsible for making decisions, which in a market economy means billions of people making billions of choices each and every day.

Evangelii Gaudium is making headlines for laying out Francis’s roadmap for his pontificate, but I’m not so sure that’s what it is. Firstly, as a post-synodal exhortation, it covers the many, often disparate topics the Synod participants discussed. Secondly, the exhortation seems to be mainly a collection and expansion on themes that Francis has already discussed on different occasions and has been published before the conclusion of the various consultations on the reforms of the Church and the Holy See. Finally, and perhaps most notable, Pope Francis has already shown an ability to re-consider and re-formulate previous statements that may have created confusion and even consternation among the faithful. Far from dismissing their concerns, he has taken a paternal, generous approach to all his spiritual children. For those of us involved in the teaching of economics to the religious-minded, we hope that these types of humble corrections have not ended with Evangelii Gaudium.

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
Using Drones for Good
Drones, or unmanned aerial vehicles (UAVs), have been a prominent and controversial topic in the news of late. Today, the Washington-based Stimson Center released its mendations and Report on US Drone Policy. The think tank, which assembled a bipartisan panel of former military and intelligence officials for the 81-page report, concluded that “UAVSs should be neither glorified nor demonized. It is important to take a realistic view of UAVs, recognizing both their continuities with more traditional military technologies and the...
What You Should Know About the Contraceptive Mandate Decision
This morning the U.S. Supreme Court issued a ruling on the Health and Human Services (HHS) contraceptive mandate (see here for an explainer article on the case). The Court ruled (5-4) that that employers with religious objections can opt out of providing contraception coverage under the Affordable Care Act. Here are six points you should know from the majority opinion written by Justice Samuel Alito: 1.The “Hobby Lobby” decision is really a collection of three separate lawsuits. Although the focus...
Video: Rev. Sirico on Pope Francis and the Mafia
Earlier today, Rev. Robert Sirico spoke with Fox News’ Lauren Green on ‘Spirited Debate’ about Pope Francis’ decision to municate members of the Italian mafia. From Heard on Fox: “Italy has e increasingly more secular and that has impacted the secularity of the mafia – they don’t have the kind of dramatic religious ties that they might have had at one time … the stuff of which movies portray,” said Sirico. He added, “they [the mob] have an appearance of...
A Cultural Case for Capitalism: Part 11 of 12 — The Challenges
[Part 1 is here.] Economic freedom does generate certain challenges. The wealth that free economies are so effective at creating brings with it temptation. Wealth can tempt us to depend on our riches rather than on God. The temptation can be resisted, as we see with wealthy biblical characters like Abraham and Job. But it’s a challenge the church should be mindful of, helping its members cultivate a balanced view of money and of our responsibility and opportunities as stewards...
Justice Alito: ‘For-Profit’ Businesses Pursue More Than Material Gain
In a 5-4 decision, the Supreme Court just announced its ruling in favor of Hobby Lobby, holding that, “as applied to closely held corporations, the government’s HHS regulations imposing the contraceptive mandate violate the Religious Freedom Restoration Act of 1993 (RFRA).” The full opinion, written by Justice Samuel Alito, can be read here. Although there is still much to digest, and although the majority opinion still leaves quite a bit of room for related battles to continue, it’s worth noting...
Key Quotes from the Hobby Lobby Decision
Supreme Court Justice Samuel Alito wrote the majority (5-4) opinion in Burwell v. Hobby Lobby. The decision was decided in large part because it aligns with the Religious Freedom Restoration Act, a law that passed the U.S. Senate 97-3 and was signed by President Bill Clinton in 1993. The law is intended to prevent burdens to a person’s free exercise of religion. At the time, it had wide ranging bipartisan support and was introduced in the House by current U.S....
From Steadfast Conservatives to the Faith and Family Left: Highlights from Pew Research’s Political Typology Survey
In discussions of political issues, the American public is too often described in a binary format: Left/Right, Republican/Democrat, Red State/Blue State. But a new survey by the Pew Research Center takes a more granular look at our current political typology by sorting voters into cohesive groups based on their attitudes and values: Partisan polarization – the vast and growing gap between Republicans and Democrats – is a defining feature of politics today. But beyond the ideological wings, which make up...
A Cultural Case for Capitalism: Part 12 of 12 — Beyond Marxism
[Part 1 is here.] That most colossal blunder of Marxist experiments, the Soviet Union, collapsed more than twenty years ago, and yet Marxist thinking still penetrates the warp and woof of contemporary culture, so much so that it’s easy even for avowedly anti-Marxist conservatives to think from within the box of Marxism when considering the problem of cultural decay. Breaking out of that box means emphasizing but also stretching beyond such factors as insider cronyism, class envy, and the debilitating...
Finding Meaning in Blue-Collar Work
Over at the Patheos Faith and Work Channel, Larry Saunders shares about his journey from pastor to grocery-store clerk to blue-collar factory worker to current MBA student in search of a white-collar job, offering deep and personal reflections on faith, work, and meaning along the way. When he became a United Methodist pastor, Saunders enjoyed certain aspects of what he calls the “white collar work of ministry,” finding “a strong correlation between my personal sense of vocation and my gifts.”...
Video: Rev. Sirico on Hobby Lobby Ruling
Earlier today, Rev. Sirico spoke with WSJ Live’s Mary Kissel about the contraceptive mandate ruling, religion’s place in the public square, and the historical context of the Supreme Court’s decision. Watch below: ...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved