In an early apostolic exhortation, Pope Francis criticized capitalism and denounced it as a “new colonialism.” And in June, the Pope issued a controversial encyclical in which he casted climate change as a moral issue.
Economics correspondent Paul Solman takes a closer look at the Pope’s economic beliefs for Making Sen$e, which airs every Thursday on the PBS NewsHour. To do so, Paul sat down with one of the Pope’s most controversial advisers, activist Naomi Klein, author of “The Shock Doctrine” and “This Changes Everything: Capitalism vs. The Climate.”
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“Inserting the language of morality, of right and wrong, even the language of sin, is absolutely critical in order to declare, essentially, a people’s emergency,” Klein told Paul.
Above, Klein and Paul discuss the Pope’s encyclical, Klein’s invitation to the Vatican and the role of morality in addressing climate change and poverty. For more on the Pope’s economics, watch the full Making Sen$e segment here.