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Pope: Market capitalism has failed in pandemic, needs reform - Black News Channel

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By NICOLE WINFIELD Associated Press ROME (AP) — Pope Francis says the coronavirus pandemic has proven that the 'magic theories' of market capitalism have failed and that the world needs a new type of politics that promotes dialogue and solidarity and rejects war at all costs. Francis on Sunday laid out his vision for a post-COVID world by uniting the core elements of his social teachings into a new encyclical aimed at inspiring a revived sense of the human family. 'Fratelli Tutti' (Brothers All) was released on the feast day of his namesake, the peace-loving St. Francis of Assisi. The […]

The post Pope: Market capitalism has failed in pandemic, needs reform appeared first on Black News Channel.

Source: Black News Channel - Black News Channel

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