Australian Politics Forum - Pope Francis denounces ‘trickle-down’ economics

ImSpartacus2

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Pope Francis denounces ‘trickle-down’ economics
Jan 8^th, 2014 at 8:03am

What a pleasant surprise. I'm actually starting to like this guy. For a while now he has been warning the world about the tyranny of unfettered capitalism and recently had this to say:-

"Some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world. This opinion, which has never been confirmed by the facts, expresses a crude and naive trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system.... Meanwhile, the excluded are still waiting.”

Full article in the Washington Post

http://www.washingtonpost.com/business/economy/pope-francis-denounces-trickle-do...

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The Heartless Felon Gold Member Offline Australian Politics Posts: 2869 Gender:	Re: Pope Francis denounces ‘trickle-down’ economics Reply #1 - Jan 8^th, 2014 at 8:06am And what a great economic model the Catholic Church is...
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Kat Gold Member Offline Socialism IS the answer. Posts: 17709 Everywhere and no-where Gender:	Re: Pope Francis denounces ‘trickle-down’ economics Reply #2 - Jan 8^th, 2014 at 8:08am The trouble with 'trickle-down' economies, is that the trickle dries up once it reaches the middle-class. The working class and those on welfare always end up with nothing.
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Ex Dame Pansi Gold Member Offline Australian Politics Posts: 24168	Re: Pope Francis denounces ‘trickle-down’ economics Reply #3 - Jan 8^th, 2014 at 8:11am He could be speaking from a personal point of view, not as a representative of the Catholic Church. He lived a frugal down to earth life before he became the pope. I am wondering when he will start to offload some church assets to help the poor though. Maybe he is.
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aquascoot Gold Member Online Australian Politics Posts: 38138 Gender:	Re: Pope Francis denounces ‘trickle-down’ economics Reply #4 - Jan 8^th, 2014 at 8:12am Whilst not a big fan of the vatican (they do seem to surround themselves with the trappings of the elite), i , do find, the current pope to be quite sensible on a lot of levels and he may be able to slightly modernise the church. to do so would require some sort of miracle though
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ImSpartacus2

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Re: Pope Francis denounces ‘trickle-down’ economics
Reply #5 - Jan 8^th, 2014 at 8:21am

Kat wrote on Jan 8^th, 2014 at 8:08am:

The trouble with 'trickle-down' economies, is that the trickle dries up
once it reaches the middle-class.

The working class and those on welfare always end up with nothing.

Or just as its about to get to us a recession hits and the $$$ elite screams for a greater share of the pie to stimulate investment.

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St George of the Garden Gold Member Offline http://tinyurl.com/n 3o8m2x Posts: 9809 Gender:	Re: Pope Francis denounces ‘trickle-down’ economics Reply #6 - Jan 8^th, 2014 at 8:38am Kat wrote on Jan 8^th, 2014 at 8:08am: The trouble with 'trickle-down' economies, is that the trickle dries up once it reaches the middle-class. The working class and those on welfare always end up with nothing. The money tricles down into tax havens. Meanwhile—the country goes bankrupt!
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freediver Gold Member Offline www.ozpolitic.com Posts: 53426 At my desk.	Re: Pope Francis denounces ‘trickle-down’ economics Reply #7 - Jan 8^th, 2014 at 9:19am That's a pretty extreme interpretation of trickle-down theory. Sounds like the pope is building a strawman.
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Grappler Racist Filth

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Re: Pope Francis denounces ‘trickle-down’ economics
Reply #8 - Jan 8^th, 2014 at 12:19pm

Yup - good old Catholicism as a social force has reared its ugly head once more and the Church Militant is on the field....

About time, too.

Now - I'm no Catholic though my mother was - but there has always been a strong element of social justice in the Catholic Church and any other church worth its salt... and it is good for the church and the people for the religious heads to raise issues that impact on the majority, primarily in a negative way, such as piss-poor economics leading to endemic poverty for many to favour a few.

It has been a source of amazement to me that churches can trim their sails to the prevailing wind so much - and like Labrador here - lost sight and track of their prime aim in life - ordinary people.

It has also been a source of amazement to me that 'communist' governments tend to hate the very forces in religion that advocate most strongly, in many cases, for the ordinary person.

That's politics for ya!

Good on ya, Frank! Give it to 'em!

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“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams

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Peter Freedman Gold Member Offline Australian Politics Posts: 5275 Wellington Gender:	Re: Pope Francis denounces ‘trickle-down’ economics Reply #9 - Jan 8^th, 2014 at 12:35pm Francis is spot on. Trickle down never works. It is just a theory expounded by the rich and powerful to ensure they stay that way.
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bogarde73 Gold Member Offline Anti-Global & Contra Mundum Posts: 18443 Gender:	Re: Pope Francis denounces ‘trickle-down’ economics Reply #10 - Jan 8^th, 2014 at 1:20pm Pope Francis seems like a fine man, but where did he do his Economics/Finance/Accounting degree?
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Dsmithy70

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Re: Pope Francis denounces ‘trickle-down’ economics
Reply #11 - Jan 8^th, 2014 at 1:26pm

The man is the actual embodiment of Longy's rant here

Quote:

the religious people are the ones that INVENTED welfare. we are the ones that STARTED almost every school and university on the planet. We are still the ones that run virtually every private school and every private hospital. Social welfare and housing support is largely done thru church charities. And this is all paid for out of Christians AFTER-TAX income.

we give money to the poor. we give them clothes, houses and teach their children. and what do you do? sit around and bitch about it and then makes excuses for killing the inconvenient by products of your own lusts.

And guess who was the 1st to bash & denounce the Pope and his comments,

THAT'S RIGHT, RELIGIOUS CONSERVATIVES, the ones that condemn & pass moral judgement from high on the mount

see here

http://mediamatters.org/research/2013/12/05/conservatives-attack-the-pope/197170

https://www.msnbc.com/melissa-harris-perry/pope-francis-vs-prosperity-jesus

http://www.rawstory.com/rs/2013/12/26/popes-liberal-views-on-capitalism-freaking...

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REBELLION is not what most people think it is.
REBELLION is when you turn off the TV & start educating & thinking for yourself.
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FriYAY

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Re: Pope Francis denounces ‘trickle-down’ economics
Reply #12 - Jan 8^th, 2014 at 1:33pm

Kat wrote on Jan 8^th, 2014 at 8:08am:

The trouble with 'trickle-down' economies, is that the trickle dries up
once it reaches the middle-class.

The working class and those on welfare always end up with nothing.

Oh the working class are out of place and when they are on strike,
I drive my Jag in circles trying to knock them off their bikes.

What’s working class?

Plumber?

Electrician?

Mine worker?

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Grappler Racist Filth

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Re: Pope Francis denounces ‘trickle-down’ economics
Reply #13 - Jan 8^th, 2014 at 2:01pm

FriYAY wrote on Jan 8^th, 2014 at 1:33pm:

Kat wrote on Jan 8^th, 2014 at 8:08am:

The trouble with 'trickle-down' economies, is that the trickle dries up
once it reaches the middle-class.

The working class and those on welfare always end up with nothing.

Oh the working class are out of place and when they are on strike,
I drive my Jag in circles trying to knock them off their bikes.

What’s working class?

Plumber?

Electrician?

Mine worker?

Nah - those are the nouveau riche - for a short time if they are not careful - they are the ones who work - the working class here have no work any more - they just lollygag in the warm sun drinking beer and surfing all day..

You know - just like boys in schools these days, men in the Labor party, all those dole bludgers and DSP recipients.... all lollygaggers, lazy drunks and gamblers on the public purse....

I hear Tony, Amanda, Joe, Clive of Indian Investors and Gina are working their little butts off to find them all jobs though.... or to figure out how to make the bastards pay for theie survival money....

Ask me again what's wrong with my country these days... I'm looking at calling the Grappler Party something like the Sanity Restoration Party - might bring in some of the youngies who think it's a music store thing..

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« Last Edit: Jan 8^th, 2014 at 2:32pm by Grappler Racist Filth »

“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams

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it_is_the_light

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Re: Pope Francis denounces ‘trickle-down’ economics
Reply #14 - Jan 8^th, 2014 at 2:36pm

blessings

the jesuit controlled vatican has over 900 TRILLION +

in assets .

3.5 BILLION will feed the planet yes ,

no more starvation yet corporations run by the vatican

own the majority of wealth on this biosphere ..

all is recorded in the akashic records

carry on regardless

namaste

- : ) =

ॐ

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ॐ May Much LOVE and CHRISTS LIGHT be upon and within us all.... namasté ▲ - : ) ╰დ╮ॐ╭დ╯

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