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Volume 21  Number 3  •  Winter 2017
All Issues:  

Pope Francis, Capitalism, and Private Charitable Giving
By Lawrence J. McQuillan, Hayeon Carol Park
This article appeared in the Winter 2017 issue of The Independent Review

Capitalism and its core institutions—private-property rights and economic freedom—are enablers of philanthropy, not its enemies. In contrast, the government-coerced redistribution often favored by Pope Francis slows economic growth and undermines effective charitable giving.

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