Pope Calls Unfettered Capitalism 'The Dung Of The Devil'
By Agencies Evans-Pritchard, Mehreen Khan, July, 21, 2006, Telegraph
Pope Francis on Thursday launched a blistering attack on the "new colonialism" of austerity, describing unfettered capitalism as “the dung of the devil” and apologising for the Catholic church's role in the conquest of indigenous populations in the Americas.
He delivered a powerful mea culpa on the part of the church in the highlight of his South American pilgrimage, "humbly" begging forgiveness during an encounter in Bolivia with indigenous groups and other activists and in the presence of Bolivia's first-ever indigenous president, Evo Morales.
The first Latin American pope noted that church leaders in the past had acknowledged that "grave sins were committed against the native peoples of America in the name of God." St. John Paul II, for his part, apologized to the continent's indigenous for the "pain and suffering" caused during the 500 years of the church's presence in the Americas during a 1992 visit to the Dominican Republic.
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