View the full event here: http://www.cato.org/events/blessing-or-scourge-capitalism-through-eyes-pope-francis
“Blessing or Scourge? Capitalism through the Eyes of Pope Francis” featuring John Garvey, President, The Catholic University of America
By returning the focus of the Catholic Church to the plight of the poor, Pope Francis has become much loved and admired. His prestige and influence is commensurate with his humanity and humility. But is Francis right about capitalism and its consequences? Is it true that capitalism is a form of exploitation that leads to poverty and inequality? Or is it the only proven way of dramatically reducing poverty and, even, achieving unprecedented material abundance?