Instapundit Glenn Reynolds writes of Pope Francis:
The Pope’s economic views are informed by Peronism.Pope Francis grew up and lived most of his life immersed in Argentina, home of Peronism. It has given him the sort of warped view of politics and economics one would expect. Now he will bring that curdled view to the U.S. and ask us to share it ... sorry, no sale.
Capitalism has created more wealth and opportunity for more people than all other economic systems combined. Failure to understand this undermines the Pope's claim to infallibility.
Writing in The Washington Post, George Will makes it explicit:
Francis grew up around the rancid political culture of Peronist populism, the sterile redistributionism that has reduced his Argentina from the world’s 14th highest per-capita gross domestic product in 1900 to 63rd today. Francis’s agenda for the planet — “global regulatory norms” — would globalize Argentina’s downward mobility.
