Capitalism Archives

A supposedly anti-capitalist pope channels his inner entrepreneur
- Vatican
- May 28, 2017
In terms of broad public perceptions, Pope Francis is often seen as hostile to Capitalism and no real friend of corporate culture. Yet on Saturday in Genoa, he delivered a reflection on business activity worthy of a graduate-level MBA program, among other things arguing that exploiting workers isn’t just immoral but also economically self-defeating.
READ MORE
Is T-Mobile waging war on prayer with its pricing rules?
- Church in the US
- April 17, 2017
T-Mobile bills itself as the “un-carrier” in its advertising campaigns, claiming that by avoiding hidden fees and service charges, it delivers more transparent and lower-cost pricing. For people who participate in conference calls for prayer using their T-Mobile account, however, that rule doesn’t seem to apply, as they’re currently being charged one cent for every minute they take part, which a new non-profit has tagged as a religious freedom issue.
READ MORE
Noted pro-capitalist Catholic thinker Michael Novak dead at 83
- Obituary
- February 17, 2017
Michael Novak, an American Catholic scholar and writer who was considered a friend by luminaries such as St. John Paul II, Ronald Reagan and Margaret Thatcher, helped define an era in the American Catholic Church, among other things striving to reconcile Catholic social teaching with capitalism.
READ MORE

Pope Francis, an entrepreneur who invests in the poor

December 2, 2016

Inspired by Pope Francis, Fortune 500 business leaders and leading influencers from the TIME 100 are gathering at the Vatican to consider how to create global growth that better benefits the poor. An expert at the Catholic University of America who recently attended a business conference at the Vatican believes the Grameenphone story illustrates the pope’s call for markets to include the poor.

Should I feel guilty about working for a big-box store?

Church

December 28, 2015

Q. I know that Pope Francis has spoken against big retail corporations, as contributing to economic injustice in the world. I am currently employed by a national pet supply corporation, which, as far as I know, tries to do good things — pay it forward and help both people and