Home
/
RELIGION & LIBERTY ONLINE
/
Rev. Sirico: Wealth Creation, Not Wealth Redistribution
Rev. Sirico: Wealth Creation, Not Wealth Redistribution
Nov 3, 2025 4:00 PM

Does the Circle of Protection actually help the poor? What may be surprising to many of those who are advocating for the protection of just about any welfare program is that these may not alleviate poverty but only redistribute wealth. Rev. Sirico explained in an interview with the National Catholic Register how the discussion should be about wealth creation, not wealth redistribution:

Father Robert Sirico, president of the Acton Institute, a conservative think tank based in Grand Rapids, Mich., suggested the Christian activists may not be aware “of the root causes of poverty and wealth.”

“Their statements are all about redistribution of wealth with almost nothing about wealth creation through production and labor,” he said.

Rev. Sirico later articulates that the issue isn’t simply about whether we should care for the poor and vulnerable, but more to point how we should care for the poor and vulnerable. What may surprise the Circle of Protection activists is the programs they seek to protect trap the poor in poverty instead of lifting them out:

“Any Christian would agree that we should put the poor and vulnerable first. The question is how,” noted Father Sirico.

He argued that taxes on the middle class destroyed its ability to grow the economy and to generate surpluses that can be used to assist the poor or to create new jobs.

“Redistributing wealth is the way to keep the poor in poverty. The way to lift them out of poverty is with jobs,” said Father Sirico, who added that he did not mean government jobs, but rather jobs generated through wealth creation in the private sector.

Click here to read the entire article.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Fear the Boom and Bust — rappin’ with Hayek and Keynes
From Econstories.tv: In Fear the Boom and Bust, John Maynard Keynes and F. A. Hayek, two of the great economists of the 20th e back to life to attend an economics conference on the economic crisis. Before the conference begins, and at the insistence of Lord Keynes, they go out for a night on the town and sing about why there’s a “boom and bust” cycle in modern economies and good reason to fear it. Lyrics sample (written by John...
Recall Aristide to Haiti? No way.
Jean-Bertrand Aristide, the ex-president of Haiti who has lived lavishly in exile as a guest of the South African government for the past six years, recently announced he was ready to go back and help Haiti rebuild from its catastrophic earthquake. Allowing the former despot Aristide — a long time proponent of liberation theology — back into the country would be the worst thing we could do to Haiti right now. The American government must resist any move by Aristide...
Gain by Honest Industry
Daren Fonda at Smart Money has a great primer on faith-based mutual funds, “Faith & Finance: A Boom in Religious Funds.” These kinds of funds can be understood as a slice of the broader sector of “socially responsible investing.” As Gregory R. Beabout and Kevin E. Schmeising wrote in 2003 (PDF), Over the last thirty years the phenomenon of socially responsible investing (SRI) has been changing the face of investment and corporate life, and carries with it the potential to...
Forgive us our deficits
This week’s mentary: As 2010 unfolds, many countries are confronting a public deficit crisis of disturbing proportions. Since 2008, countless politicians have underscored that a cavalier attitude to debt on the part of Main St. and Wall St. contributed significantly to the recent financial crisis. It’s therefore ironic to observe these contemporary preachers of thrift plunging developed economies into an abyss of public liabilities. In 2009, for example, the Obama Administration spent more money on new programs in nine months...
The Audacity of the Savior State
The current issue of Touchstone magazine features an impressive cover essay by Douglas Farrow, Professor of Christian Thought at McGill University in Montreal, Quebec. In “The Audacity of the State,” Farrow uses the biblical Ichabod motif to examine the crumbling pillars of the family and church, which when properly respected form critical foundations for a flourishing society. In their place, writes Farrow, is the “savior state,” which “presents itself as the people’s guardian, as the guarantor of the citizen’s well-being....
Oh, Give Me Something To Remember You By
The Acton Institute’s film “The Birth of Freedom” is a treat to watch again and again. But there is a rather dramatic effect towards the end of the film when the relationship of The Cathedral at Notre Dame and the cubist Grand Arche, located in the Parisienne arrondissementLa Defense but dedicated to humanitarian “ideals” rather than military victories, are contrasted with musical and cinematic styling that borders on being overdone. That is until you enter the world of National Public...
A ‘reckless’ Green Patriarch?
Over at the American Orthodox Institute’s Observer blog, Fr. Hans Jacobse takes Ecumenical Patriarch Bartholomew to task for jumping on the global warming bandwagon: We warned the Ecumenical Patriarch that endorsing the global warming agenda was reckless. Anyone with eyes to see saw clearly that global warming (since renamed “climate change” — a harbinger that the effort might freeze over) was a political, not scientific, enterprise calculated to centralize the control of the economies of nation-states under bureaucracies. New evidence...
Bernanke bad for limited government and the little guy
This week’s reappointment vote for Fed Chairman Ben Bernanke has created some strange bedfellows in Washington. A muddled middle of Republicans and Democrats supports the Keynesian’s reappointment, but the real odd couples are among the opposition. For different if overlapping reasons, free market proponents and far-left figures such as democratic-socialist Bernie Sanders of Vermont are both convinced that Bernanke has done much to hurt our economy, particularly those in the bottom half of our economy. Desmond Lachman of The Enterprise...
Ineffective Compassion?
Writers on this blog have pointed to a lot of examples of passion when es to charity and public policy. But what can passion, or maybe just a passion, look like? The Lieutenant Governor of South Carolina Andre Bauer made ment saying government assistance programs for the poor was akin to “feeding stray animals.” I’m not highlighting ment just to bash Bauer and you can watch the clip where he clarifies ments. He continues in a follow up interview by...
Psychologists confirm: Power corrupts
The Economist reports on a new study by psychologists that looks into the problem of abuse of power. The researchers attempt to “answer the question of whether power tends to corrupt, as Lord Acton’s dictum has it, or whether it merely attracts the corruptible.” These results, then, suggest that the powerful do indeed behave hypocritically, condemning the transgressions of others more than they condemn their own. es as no great surprise, although it is always nice to have everyday observation...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved