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Thomas Jefferson would agree. Some regulation is necessary as opposed to allowing things to run unbridled.
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered...I believe that banking institutions are more dangerous to our liberties than standing armies... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." - TJ
Okay, but where is this unbridled capitalism that the pope is referring to in his seech? It's definitely not in the US of today.
Capitalism has brought more people out of poverty and fed more people than any other system in the world. Even the European countries that have some socialist policies have a capitalist system to support it.
Amazing how irrational right wingers are that they can't even see the word "unbridled" before they start spewing the usual cliches about Socialists and how taxes are "stealing".
Yeah, I guess it kind of sucks when the pope follows Jesus's actions and words.
well its a shock to the kind of American protestant Christians who seem to believe jesus would be a republican voting student of Austrian economics who hates redistribution of wealth if he were alive today
classic catholicsm has always been left wing on economic matters , this pope is merley bringing it back to its roots
Okay, but where is this unbridled capitalism that the pope is referring to in his seech? It's definitely not in the US of today.
No it is not. This all stems from corporatism. Which can be traced back easily to the Pope.
Quote:
Originally Posted by CDusr
It's true they are part of the same mind set. Nothing really new. Hierarchical control, manage and profit (shear). It's always been business management of the plantation. But ultimately corporatism is what describes it best imo.
Corporatism
quote:
In 1881, Pope Leo XIII commissioned theologians and social thinkers to study corporatism and provide a definition for it. In 1884 in Freiburg, the commission declared that corporatism was a "system of social organization that has at its base the grouping of men according to the community of their natural interests and social functions, and as true and proper organs of the state they direct and coordinate labor and capital in matters of common interest".
...
Corporatist types of community and social interaction are common to many ideologies, including: absolutism, capitalism, conservatism, fascism, liberalism, progressivism, reactionism, socialism, and syndicalism.
... Fascist corporatism
Fascism's theory of economic corporatism involved management of sectors of the economy by government or privately controlled organizations (corporations). Each trade union or employer corporation would, theoretically, represent its professional concerns, especially by negotiation of labour contracts and the like. This method, it was theorized, could result in harmony amongst social classes.[30] Authors have noted, however, that de facto economic corporatism was also used to reduce opposition and reward political loyalty.
... corporatism (ideology) -- Encyclopedia Britannica
quote:
the theory and practice of organizing society into “corporations” subordinate to the state. According to corporatist theory, workers and employers would be organized into industrial and professional corporations serving as organs of political representation and controlling to a large extent the persons and activities within their jurisdiction.
The Pope is right, but the key word is unfettered. Without that word, this is an altogether different discussion.
The problem we have is not capitalism, but the sheer size of corporations today and the resulting nearly complete control of....well....everything....that they exert. The vast majority of all wealth under the control of a handful of people. You bet your boots that is tyranny, as plain as the nose on your face....and a grave threat to the freedom and well being of every citizen, conservative and liberal alike.
The impediment that we have today blocking the clear solution to this problem is that most people fall into one of two misguided groups. "Conservatives" whose blind ideology prevents their seeing or acknowledging the problem....and "liberals" who think the answer is for government to cut the rich down to size by taxing it all away from them. Robbing from one tyrant to fortify and empower another.
well its a shock to the kind of American protestant Christians who seem to believe jesus would be a republican voting student of Austrian economics who hates redistribution of wealth if he were alive today
classic catholicsm has always been left wing on economic matters , this pope is merley bringing it back to its roots
atheist btw but raised catholic
The Roman Catholic Church, before the coups in the conclaves of 1958 and again in 1963 when the freemasons/illuminists and N.W.O. wrested control of the institutional Church buildings, condemned both socialism and communism. The Church believes in the right to private property and ownership but is not necessarily wedded to capitalism either. The closest thing proponents have agreed upon to describe the Church's vision for economics is termed "Distributism"
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