Pope Benedict XVI: Prophet?
Pope Benedict, in 1985, predicted the global economy collapse we are in the midst of in his paper, “Market Economy and Ethics.” He also says that Marxism is not the answer.
The full extent of this question becomes even more apparent when we include the third element of economic and theoretical considerations characteristic of today’s situation: the Marxist world. In terms of the structure of its economic theory and praxis, the Marxist system as a centrally administered economy is a radical antithesis to the market economy. 6 Salvation is expected because there is no private control of the means of production, because supply and demand are not brought into harmony through market competition, because there is no place for private profit seeking, and because all regulations proceed from a central economic administration. Yet, in spite of this radical opposition in the concrete economic mechanisms, there are also points in common in the deeper philosophical presuppositions. The first of these consists in the fact that Marxism, too, is deterministic in nature and that it too promises a perfect liberation as the fruit of this determinism. For this reason, it is a fundamental error to suppose that a centralized economic system is a moral system in contrast to the mechanistic system of the market economy. This becomes clearly visible, for example, in Lenin’s acceptance of Sombart’s thesis that there is in Marxism no grain of ethics, but only economic laws. 7 Indeed, determinism is here far more radical and fundamental than in liberalism: for at least the latter recognizes the realm of the subjective and considers it as the place of the ethical. The former, on the other hand, totally reduces becoming and history to economy, and the delimitation of one’s own subjective realm appears as resistance to the laws of history, which alone are valid, and as a reaction against progress, which cannot be tolerated. Ethics is reduced to the philosophy of history, and the philosophy of history degenerates into party strategy.
My point is not that religion knows best (though Pope Benecict — then Cardinal Ratzinger — is a intellectual giant), but that God does. In every instance, when we lose sight of God and lose sight of the priority for loving our neighbor over ourselves, our most reliable systems fail.
