In December 2011, Alberto Benegas Lynch wrote a paper titled, About the post of Archbishop of Buenos Aires. That archbishop, Cardinal Jorge Mario Bergoglio, is now Pope Francis I.
The paper was written in Spanish and I am using a Google translation of the paper. Given the limitations of such a translation, it may be the case that I am misinterpreting the paper. However, from what I can determine, the new Pope has a decidedly anti-free market bias.
Here's Lynch from the translation (bold in original)
In a keynote address at the Alvear Palace Hotel Cardinal Jorge Mario Bergoglio, now leaves office, drew on "social debts". No doubt the good intentions of the Archbishop and his genuine interest in solving the distressing issue of poverty , which is shared by all people of good. Unfortunately, what he proposes and the lifts of their reasoning, far from mitigating the problem, aggravated in the extreme. In these areas and in many others, the purest intentions are irrelevant, what matters is results.Here's Lynch quoting from that 2011 speech delivered by, now, Pope Francis I :
We think that the conclusions misguided in economic and social affairs are due to poor study the role and significance of private property and the free market in the coordination of information by its nature fractionated and dispersed as opposed to lives and schedules haciendas outside rights not only affect but, first, create poverty for the whole community but so very special for the needy and, second, concentrated ignorance thus impossible project evaluation, accounting and general economic calculation through the dismantling of prices as indicators in the allocation of scarce resources provided.
Said Cardinal Bergoglio in said speech that "The economic and social crisis and the consequent increase in poverty has its causes in ways policies inspired neoliberalism considering profits and market laws as parameters, to the detriment of the dignity of individuals and peoples. In this context, we reiterate the conviction that the loss of the sense of justice and lack of respect for others have worsened and led us to a situation of inequity. " Later stressed the importance of " social justice ", the" equal opportunity "damage" transfers of capital abroad, "which should be required" distribution of wealth ", said the damage of economic inequalities and the need to "prevent the use of financial resources is shaped by speculation," especially in the context of the "social debt"-which in his opinion is of eminently "moral" - is to reform "economic structures" in expressed the sense before.Again, I may have lost something in the translation, but it appears the new Pope fails to understand markets and holds the concepts of social justice, equal opportunity and distribution of wealth, as important. Concepts which, of course, generally lead to advocacy of much government intervention and much central planning. It as though the new Pope has somehow given up on the good in people, and perhaps even in God, and has decided to replace both with a central role for the coercive state.