Pope Francis: Civilize the Market or Democracy Becomes Plutocracy

via CNS:

Greater inequality and a more rapid destruction of the environment “are not destiny nor even a historic constancy,” the pope told members of the Pontifical Academy of Social Sciences. “There have been periods in which, in some countries, inequalities diminished and the environment was better protected.”…

In societies where profit is allowed to be the only concern, he said, “democracy tends to become a plutocracy, where inequality and the exploitation of the planet grows….

 “Political action must be placed truly at the service of the human person, the common good and respect for nature,” he said. “Basically, we must aim at civilizing the market, working for an ethic that is friendly toward the person and his environment.”