Francis Could Excommunicate Capitalism

Yes, Pope Francis sees capitalism and inequality as the root cause of all the world’s social problems. His Apostolic Exhortation makes clear he’s on a mission. His power to change the world rests with his moral authority, convincing people to do what’s right, not just the 1.2 billion Catholic faithful, everyone in the world. But moral persuasion goes just so far.

The Pope has another weapon, the rarely used but extraordinary power of excommunication.

Read Full Article »
Comment
Show commentsHide Comments

Related Articles

Market Overview
Search Stock Quotes
Partner Videos