Sunday, April 3, 2005

Pope John Paul II on Free Markets

As the world mourns the loss of Pope John Paul II, I am reminded to go back and read some of the writings of Father Sirico, who heads the Acton Institute.

As Father Sirico has written, Pope John Paul II was a supporter of free markets. Maybe not unbridled free markets, but he believed more closely in free markets than in communism certainly, and even than socialism.

This article from Investor's Business Daily describes a little of Pope John Paul II's viewpoint on capitalism and is worth a read.

Many thanks to Jeff Cornwall, who writes at The Entrepreneurial Mind, from whom I first became aware of the Acton Institute.

UPDATE April 4, 2005: if you'd like to read more about the harmonization of religion and business, be sure to check out my earlier piece on Father's Sirico's writings, Religion and Entrepreneurism -- Connected Trends.

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