COVID-19 HAS SHOWED CAPITALISM DOES NOT WORK, POPE FRANCIS SAID


05/10/2020




İrem UZUN -TDO- Pope Francis says the coronavirus pandemic has proven that the “magic theories” of market capitalism have failed and that the world needs a new type of politics that promotes dialogue and solidarity and rejects war at all costs.

Francis on Sunday laid out his vision for a post-COVID world by uniting the core elements of his social teachings into a new encyclical aimed at inspiring a revived sense of the human family. “Fratelli Tutti” (Brothers All) was released on the feast day of his namesake, the peace-loving St. Francis of Assisi.  In a 70-page encyclical, the highest form of papal teaching, Pope Francis outlined his vision for a post-pandemic world. "The marketplace by itself cannot resolve every problem, however much we are asked to believe this dogma of neoliberal faith," the pope wrote. He added that free-market capitalism "reproduces itself" by resorting to the magic theories of "spillover" or "trickle" as the only solution to societal problems. The pope said this "spillover" does not "resolve the inequality that gives rise to new forms of violence threatening the fabric of society".

The document echoes the Pope's focus on the need to welcome migrants and provide for the poor and disabled.  "Every brother or sister in need, when abandoned or ignored by the society in which I live, becomes an existential foreigner, even though born in the same country. They may be citizens with full rights, yet they are treated like foreigners in their own country. Racism is a virus that quickly mutates and, instead of disappearing, goes into hiding, and lurks in waiting". He also denounces the divisiveness caused by social media, lamenting that "social aggression has found unparalleled room for expansion through computers and mobile devices".


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