Tom Davis Weighs In On Pope Francis Controversy
S.C. Sen. Tom Davis is more than South Carolina’s most aggressively pro-free market, pro-liberty advocate – he’s also one of its most well-known Catholic elected officials.
So naturally we were curious as to his response to recent comments made by Pope Francis about capitalism.
This week Davis obliged us with a post on his Facebook page in which he argued the pontiff’s remarks – which have created a firestorm in free market circles – have been misinterpreted.
In fact according to Davis, Pope Francis is really criticizing the bastardized form of “capitalism” we have in the United States.
First, here’s what Davis had to say on the subject.
I read Pope Francis’ apostolic exhortation last night and really don’t get the conservative hand-wringing. The pope specifically rejects “all forms of collectivism” and reaffirms the principle of subsidiarity, saying “a community of a higher order should not interfere in the internal life of a community of a lower order.” Hardly a call for statism or a command economy. Yes, Pope Francis does condemn “unfettered” capitalism and “trickle-down” economics, but a careful reading makes clear his quarrel is really with DYSFUNCTIONAL capitalism and, in particular, the perversion of free markets by financial institutions (read: Wall Street Banks, the Fed). And to that I say: Amen.
Well, we certainly agree with Davis when it comes to rejecting crony capitalism … but our interpretation of “unfettered” is probably a bit different than his.
We think its the “fettering” of capitalism that’s the problem.
Oh well … whether Davis’ interpretation of the Pope’s remarks is accurate, the bottom line is he is the most aggressive, consistent advocate for true free market capitalism in the S.C. General Assembly.
If we had forty-five more Tom Davises in the State Senate (and 124 of him in the S.C. House), then South Carolina might actually become the educated, innovative and prosperous state it’s capable of being.