Pope Advocates Theft as Public Policy: “Legitimate Redistribution”

I don’t know what the Pope thinks he is doing. But I know what he is doing, objectively, no matter how many wonderful rationalizations he may have spinning inside his brain. The Pope is claiming that God will bless the current corruptocracy that is ruining the nations of the world and wants everyone to submit to it as a righteous social order.

Here’s the quote from South Carolina’s The State:

He said a more equal form of economic progress can be had through “the legitimate redistribution of economic benefits by the state, as well as indispensable cooperation between the private sector and civil society.”

“Civil society” is a (highly ironic) name for the government. Pope Francis wants government to “work with” (cooperate with) industry. What that means is that the government will favor some businesses and destroy others. Businesses won’t need to compete with each other because the government will protect a few chosen favorites.

Politicians will direct industry or lobbyists will buy politicians. Either way, people will not rise or fail according to the rule of equal law; they will rise or fall according to political decisions.

Of course, in such a system, as we see all the time, the middle class gets squeezed and the gap between rich and poor grows greater. So, with the “indispensible cooperation” there will need to be a system of bribery to placate the poor. What Pope Francis calls “the legitimate redistribution of economic benefits by the state,” George Will once called a form of “trickledown economics.”

Obama’s speech denounced “trickle-down ideology” and deplored growth that “has flowed to a fortunate few.” But the monetary policy he favors — very low interest rates, driving money into equities in search of higher yields — is a powerful engine of inequality. Since the Dow closed at 7,949 on Inauguration Day 2009, it has doubled , benefiting the 10 percent who hold 80 percent of directly owned stocks. The hope is that some of this wealth will trickle down.

These “economic benefits” for the super wealthy should never have been theirs in the first place. They only get them through a system of “indispensable cooperation between the private sector and civil society.” Furthermore, the vast majority of the “legitimate redistribution” doesn’t even come from the wealthy. The budgets of nation states far exceed the income they can bring in from taxing the wealthy. So what governments really do is borrow to provide “redistribution.” But that means they have to borrow money. Typically, they borrow from the wealthy. So the rich make money off the redistribution rather than losing much.

Francis urged the U.N. to promote development goals that attack the root causes of poverty and hunger, protect the environment and ensure dignified labor for all.

The Pope’s demands are the root cause of poverty and hunger in much of the world. Redistribution of wealth is a path to more poverty, not prosperity.