Market Review and Trends
A Year Ago, Pope Francis Condemned Capitalism
By Doctor Wealth  •  January 9, 2015
It’s been slightly more than a year since Pope Francis officially announced the Catholic Church’s crusade against capitalism. Has he made any progress? — 2014 has been quite an eventful year for Pope Francis. After ascending to the papal throne in March 2013, His Holiness has regularly been making global headlines for his “less formal” ways and somewhat controversial views – he has chosen not to live within the Apostolic Palace, preferring the spartan confines of the Vatican guest house instead, and also recently declared that the theories of evolution and the Big Bang are real. It’s his crusade against capitalism though that seems to be Pope Francis’s main objective. While the Catholic Church has generally been critical of capitalism (in 2011, the Vatican officially sided with anti-capitalist protestors), previous popes have steered away from outright condemning the main engine driving the global financial system – until Pope Francis ......
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By Doctor Wealth
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