Pope Francis on Entrepreneurship

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Recently, Pope Francis said some very helpful and interesting things on entrepreneurship…What he said is very well thought out and very significant.


He says
What is lacking is a free and far-sighted entrepreneurship, which ensures adequate production, and a solidarity approach, which ensures fair distribution…
and
Possession is a responsibility,
The ownership of a good makes the one who owns it an ‘administrator of Providence.
Man, using created goods, must consider the external things that he legitimately possesses, not only as his own, but also as common, in the sense that they can benefit not only him but also others
He says it all comes down to…
Thou shall not steal
Do not steal’ means: love with your goods
This is great, and it gives very good guidance. It would be great to see Pope Francis expand on this. His words could also relate to ideas, innovations and intellectual property as they relate to food distribution, medicine and energy…

Any thoughts from anybody…
 
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“Possession is a responsibility,” Francis stressed. "The ownership of a good makes the one who owns it an ‘administrator of Providence.’”
I especially like this quote!

Peace!!!
 
His “creative entrepreneurship” nothing more that a rebranding the commons. The church needs to invest it wealth into these poor countries in businesses that will create jobs. Instead of having all these people leave their homes to go to other lands to earn min wage. Create wealth in their countries by investing in these people.
 
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You are part of the Church, are you investing your wealth in these poor countries?
 
Thanks for posting this link. It sounds as if it perhaps a real high point of Francis’s teachings. I will make a point of reading the entire transcript.
 
“If there is hunger on earth, it is not because food is missing!” Pope Francis said
😡😱🤯
He has nailed it.

I"m not sure about this year (no data), but in recent decades, there was more than enough food in every single country with people starving.

In each and every case, either government or rebels were preventing food from going where it needed to, or stealing it . . .
 
As far as famine goes, you are correct. But there is hunger in many countries that is due to poverty.
 
Yes. The scandal of poverty and social inequality.
 
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I like this one:
The love of money leads to vanity, pride, and arrogance, the pope warned, adding that “the devil enters through the pockets.”
😈😲
 
Who is causing the scandal? I only say “scandalous poverty?” like that becuase I don’t know what he means.
 
Who is causing the scandal? I only say “scandalous poverty?” like that becuase I don’t know what he means.
Pope Francis is likely speaking internationally.

The recent canonization of St Oscar Romeo speaks to the class inequality in Central and South America (where Pope Francis and St Romero were both from). To learn more, watch the movie Romero.

Globally, many countries in Africa are certainly struggling compared to other countries. If you like U2, then Bono (who is a venture capitalist) has co-founded initiatives called the One Foundation and the RED foundation to counter poverty in Africa… Bono - ONE The concern with Bono is he is a globalist.

In the US, the Silicon Valley is probably one of the biggest causes of social divide. The Silicon Valley is also one of (if not the) biggest promoters of contemporary entrepreneurialism. Back in the 90’s, when the .com’s had their initial boom, even successful computer entrepreneurs were trying to figure out “What happened?”; how they were suddenly worth hundreds of millions - while some of their academic colleagues who had become teachers - were making <$50K annually. In any case, the Silicon Valley has became a monster, especially if you now look at the terrible and unruly behavior of tech industry, who usually promote disruptive, non-peaceful business strategies - only in the interest of flipping stock… When one moves through rounds of capital during investments, the whole idea is to take a bunch of (basically free) code, sink $5M into it, and then upsell it for $100M via a large enough following. To do this - the CEO’s become incredibly greedy, mean and disruptive - which sets a very negative tone at the top, and sets a bad example for future CEO’s. Those CEO’s will also make a LOT more money than the average person, and they’ll all be cutthroat and competitive about why they should have all the money. They’re all trying to be the next Google - demanding every one of their co-founders provide them with 100% ROI in the first year, when they know there is only one Google amongst billions of websites, and 9/10 projects fail through each round of capital - a risk figure which goes up exponentially. It’s a completely ridiculous social dynamic that creates an enormous divide over who controls the money, what’s done with it, and on what ethics it is used (for instance, is it usually used to develop some new algorithm, not to help anyone so much as show up everyone else).

But that is just tech.

What Pope Francis is referring to is probably more like “social entrepreneurialism”. These entrepreneurs are a bit nicer. Their interest is more in sharing and making the world a better place. They can be more or less rigorous in their approach, but Pope Francis wants them to come forward with ideas to try and level the playing field.

It’s actually refreshing. Pope Francis so often gets accused of being a socialist, but promoting entrepreneurial ideas tends to distinguish those people who follows his advice…
 
I understand. It is meaningful for me because Pope Benedict used the phrase I posted in a message sent to us through then Mons. Bernardini his Nuncio, referring to a situation we were going through where I live in 2009 where the index said our poverty was 15℅ but in fact it was 40℅. This as an anecdote ( if it can be called an anecdote…) but for you to get the picture. Cardinal Bergoglio has used it since then,or it at least when he says this,I go back to Pope Benedict to remind us what he means.
There are many reasons why I personally love Pope Benedict,but this one,I would have run to him to thank him…
. The scandal of poverty and social inequality,unforgettable…
Now extend it to the world and I believe you will get it,Semper
Hope it helped you.
 
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As far as famine goes, you are correct. But there is hunger in many countries that is due to poverty.
Strictly speaking, I mean where people are actually dying, famine or not.

I’m far from an opponent of sending food; Food for All is a favorite of mine–they pinch pennies so hard to make the contributions go farther that they ended up buying their own planes after calculating that it would cost less than their shipping costs.

And hunger certainly has degrees, on a spectrum including unpleasant, hurting health, crippling, and starvation.

I not only support sending food, but use of the Marines when corrupt forces, governmental, rebel, or criminal, get in the way of distribution . . .

Maybe I’ll be able to find an organization in a couple of years after my last two get out of college that can cover food and medical so I can join a group in South America building basic shelter or some such. I won’t be able to retire or draw on it to sponsor myself by then–but I won’t need income or to contribute to it, either . . . or maybe teach there . . .

hawk
 
I really think the “Silicon Valley” type of entrepreneurial motivations you describe is a major problem. Instead of trying to make a product that would be generally good for society, somebody writes some code and then sells it for as much as possible and as quickly as possible. This is a broken system, and seems to be the system in Silicon Valley.

The US government does fund small tech companies…from a Christian perspective government funding for true need…energy, medicine, foods, etc…does seem better than Silicon Valley funding based on greed…
 
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I would like to further deep-dive into this for you.

If you’re up to a sustained dialog, then feel free to let me know, email, or stay in touch (as you like).

As a side note, if you haven’t already seen it, I do think watching the movie “Romero” might help you to understand Pope Francis’ position better. That is because both Oscar and Jorge were from South America, and they were intimately familiar with the class-divides down there.

From an American perspective the problem with Pope Francis seems to be one of possible socialism and a sort of progressive Theology that alters policy instead of interpreting it… Oscar Romero was initially a very conservative-minded Priest, but - after the deaths of many friends in the El Salvadoran civil war - he took the side of the poor, and many of the conservatives began to think of him as more socialistic…

One interesting thing the movie mentions is a comment Romero delivered to President Reagan. He basically asked Reagan to stop sending money to El Salvador because the government was just abusing it. I imagine those monies were supposed to be used for humanitarian relief, but instead they were getting misallocated into purchasing weaponry to further repress the people they were supposed to be assisting.
 
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Why is that important?

In a way, it shows how capitalism was being abused by ambitious and jealous people, who really didnt believe in the opportunities it affords everyone. We still seem to see this today with the Caravan. Perhaps it is because problems like the civil war in El Salvador were largely undecided when peace was restored. The whole thing made no difference, and then so many people lost their lives in fighting the futile battle. So today - those poor souls still want to come find help…

In America, when it comes to our own wealthy 1%, it seems due more to intellectuality than money… We essentially “create” money; it’s just we call it stock… In other words, it’s all soft assets… whereas most of what you’ll find in those other countries are manual laborers… One can only do so much onesself by hand, so their incomes are limited… But - when people are smart enough to cooperate - they can crowdsource and do things on grander scales (thus reaping a better profit for everyone)… Hence, it becomes a governmental issue…

The downside is - it’s usually all bluff… That’s not to say the activity is illegal, but stock can tank in a second… “angel” sponsors and VC’s obviously know this, too… So - unless the CEO’s keep up momentum, interest and control - they’ll lose it… I dont think the wealthy 1% in America aren’t necessarily unsharing and greedy about money, but power and control - for without power and control the soft assets are essentially a pile of worthless paper masquerading as stock… The same thing can happen to governmental currencies, too…

What we have in America, which Africa, Central, and South America dont really seem to have is a set of “United” states - an overarching federal government that keeps the states working together peacefully… If we didnt have that unity, then the states would likely be fighting each other, like those smaller countries do on other continents…

As for socialism vs capitalism - I’m not socialistic… I believe a true act of charity, true sharing comes from the exercise of one’s free choice, not by martial law… Thus, what the wealthy 1% should do in my opinion (which is completely impractical in so many ways) is simply give the money to people, as we do at church… The problem seems to be, however, since the money and the clout are all “bluff assets” - it’s like they cant really let their guard down… Thus, I say to the poor and budding startup entrepreneurs - “Be not afraid, it’s a mirage… Better poor in heaven than rich in Hell… if God is really with you, it’ll happen…”

The whole topic here interests me, but I have no further comments at the moment… Thank you for posting this thread, though…
 
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