By Thomas J. DiLorenzo
This time the Marxist-minded pontiff calls private-sector employers “the slave drivers of our days.” This was a popular theme among nineteenth- and early twentieth-century socialists — that wage earners in a capitalist economy are no better off than slaves. At least this gives us an indication of the state of the pope’s economic knowledge. I would say that he’s a pre-Soviet Union socialist/communist who seems totally oblivious to and unaware of the past several hundred years of world economic history.
The above originally appeared at LewRockwell.com.
RW Note: In the speech that DiLorenzo mentions the Pope also attacked capital and profit.