Pope Francis Bashes Economic Libertarianism in New Message

via Vatican Radio:

Pope Francis has sent a Message to the participants in the G20 meeting taking place in Germany July 7-8. The Message is addressed to the Chancellor of Germany, Angela Merkel, and details what the Holy Father recognizes as four principles of action for the building of fraternal, just and peaceful societies: time is greater than space; unity prevails over conflict; realities are more important than ideas; and the whole is greater than the part.

In the “realities are more important than ideas” section, Pope Francis contrasts free market fundamentalist ideologies with the pragmatism and personalism of the great Christian Democratic leaders of the 20th century:

The fateful ideologies of the first half of the twentieth century have been replaced by new ideologies of absolute market autonomy and financial speculation (cf. Evangelii Gaudium, 56).  In their tragic wake, these bring exclusion, waste and even death.  The significant political and economic achievements of the past century, on the other hand, were always marked by a sound and prudent pragmatism, guided by the primacy of the human being and the attempt to integrate and coordinate diverse and at times opposed realities, on the basis of respect for each and every citizen.  I pray to God that the Hamburg Summit may be illumined by the example of those European and world leaders who consistently gave pride of place to dialogue and the quest of common solutions: Schuman, De Gasperi, Adenauer, Monnet and so many others.