Ever so caring for the fate of humanity, Pope Francis’ duties have now extended from world climatologist, population control, and critic of free market economics, to expert on global bankruptcy. He said, “The goods of the Earth are meant for everyone, and however much someone may parade his property, it has a social mortgage.”
The Catholic principle of “social mortgage” is the idea that the public has a “legitimate and necessary claim on private wealth and property.”
We are so lucky that we have such a capable Pope who not only tends to the souls of his flock but also to the pockets of the rich and of the downtrodden who are in serious need of wealth redistribution and social justice.