Comments on Distinctly Catholic by Michael Sean Winters at National Catholic Reporter.
Tuesday, June 17, 2014
Pope Francis At It Again | National Catholic Reporter
Pope Francis At It Again | National Catholic Reporter by MSW. MGB: His Holiness is absolutely right - and not just on food markets but on oil markets as well. So far the capitalists (there are not enough libertarians to care about) have resisted some very common sense regulations (last time it was mandated - but never implemented) gas went down to under two dollars a gallon. The one thing standing in the way of third world farmers succeeding is the global agricultural commodities market - which seems to be predatory and the Pope knows it. On the other hand, it is a tough game. My grandfather was a commodities broker in Chicago in the 1910s and 20s until he lost his seat after the 1920 depression - which probably saved his life from what they called "fast living". Had he not, there would be no me. These problems are why I believe in basement agriculture and employers having their own farms to produce food for the employee cafeteria. The more we can get things out of financial markets, the better. (I guess that is libertarian socialism rather than market libertarian).
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