The opposite of tyranny is freedom. Capitalism is the practical and constructive expression of freedom.
Pope Francis had some criticism for “unfettered capitalism” in his Evengelii Gaudium,
and public statements he has made in concert with release of the document.
My first inclination in response is to wonder where he believes this
unfettered capitalism might be found, because there most certainly is no such
thing in the Western world.
That’s not a minor quibble, nor is it
meant as a snarky comeback. State control over private industry is a
dominant fact of life around the world. There are very few places that
come anywhere near the capitalist ideal of a limited government equally
enforcing the property rights of all. That is the necessary – indeed,
indispensable – role of government for any true capitalist. Theft and
fraud have no place in a free market, because they are infringements against
economic liberty, as well as disrupting the efficient allocation of resources.
Capitalism is all about voluntary commerce. The victims of thieves
and swindlers do not act of their own volition.
Government power is also an
offense against economic liberty, when exercised for purposes beyond securing
the equal rights of all. This is where I find myself in disagreement with
key elements of the Pope’s critique. It’s not quite that broadside
against free markets that opportunistic leftists made it out to be, and it’s
risible to treat it as an endorsement of the stale and corrupt Big Government
racket venerated by American liberals. The Pope was pretty tough on the
welfare state and government debt, as well as capitalist excess. But the
portion of his pronouncement quoted by the Wall Street Journal merits a response from anyone who would
defend not only the superior accomplishments, but superior morality, of
capitalism over its grim and oppressive alternatives:
Using unusually blunt language, he
sharply criticized the market economy. “Just as the commandment ‘Thou shalt not
kill’ sets a clear limit in order to safeguard the value of human life, today
we also have to say ‘thou shalt not’ to an economy of exclusion and
inequality,” wrote the pontiff in the 224-page document known as the apostolic
exhortation.
“Such an economy kills,” wrote Pope
Francis, denouncing the current economic system as “unjust at its roots” and
one “which defend(s) the absolute autonomy of the marketplace and financial
speculation.” Such a system, he warned, is creating a “new tyranny,” which
“unilaterally and relentlessly imposes its own laws and rules.”
We have to say “thou shalt not” to “an
economy of exclusion and inequality?” Thou shalt not what? What verb would come at the end
of this new commandment?
“Exclusion,” and the inequality of opportunity, are
sins that can only be committed by criminals and the State. Armed gangs
are noted for excluding people and destroying their opportunities. So are
government bureaucracies. In fact, they employ many of the same methods.
The State loves to exercise power far beyond the letter of the law
through intimidation tactics and unfunded mandates. They wear business
suits and power ties instead of gang cuts, but the basic principle is similar.
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