Skip to main content
Pope blasts ‘madness’ of capitalism

Pope Francis launched a sweeping attack on the world’s economic system yesterday, saying it discarded the young, put money before people and survived on the profits of war.

The leader of the world’s 1.2 billion Roman Catholics said some countries had a youth unemployment rate of over 50 per cent, with millions in Europe seeking work in vain.

“It’s madness,” the Pope said.

The 95th Anniversary Appeal
Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
Similar stories
People sit along the edge of an abandoned swimming pool across from a tanker terminal along the port of Matanzas, Cuba, March 30, 2026
Features / 4 April 2026
4 April 2026

CLAUDIA WEBBE says the US is tightening the noose to destroy Cuban socialism — the need for immediate, international solidarity is urgent

General view of the Job Centre Plus on Benalder St in Glasgow
Economy / 21 March 2026
21 March 2026

PHILIP ENGLISH says military spending will not create the jobs young people need — instead, build an economy based around needs, not profit

People taking part in a Tommy Robinson-led Unite the Kingdom march and rally in central London. Picture date: Saturday September 13, 2025
Voices of Scotland / 16 September 2025
16 September 2025

Our economic system is broken – and unless we break with the government’s obsession with short-termist private profit, things are destined to get worse, warns Mercedes Villalba

Cargo containers line a shipping terminal at the Port of Oakland on July 31, 2025, in Oakland, Calif.
Features / 2 August 2025
2 August 2025

It’s the dramatic rise of China with its burgeoning economy that has put the Trump administration into a frenzy – with major implications both at home and abroad, argues MICHAEL BURKE