The Pope goes to long lengths to show how much he supports the poor, oppressed people of the world; he washes the feet of Muslim prisoners, he campaigns against Israeli occupation of Palestine, and scolds America, but not China they must reduce carbon output. Usually he picks the wrong villains, in my opinion. His latest effort is against the producers and distributors of food, the agribusinessmen. If only they would charge less, everyone would have more, or so he says.
On World Food Day, Pope Francis placed the blame on capitalism in the food market. Some examples of his speech and tweets follow: “The fight against hunger demands we overcome the cold logic of the market, which is greedily focused on mere economic profit and the reduction of food to a commodity, and strengthening the logic of solidarity.”
“Thinking about these situations, in God’s name I want to ask The big food corporations to stop imposing monopolistic production and distribution structures that inflate prices and end up withholding bread from the hungry.”
The Pope blames high food prices on producers and distributors who are, in his words, “withholding bread from the hungry.” Of course, all the bread the Pope eats comes from these producers and distributors. It is the same for the bread of all the Archbishops and virtually all the priests; it all comes from these agribusinessmen, who charge more than he would like. They are also the source of the church’s wine, and meat, and vegetables. Folks who do not grow food themselves, and who do not transport it, or process charge those who do these things as greedy, withholding monsters. That any of them have food is only because of these monsters; without them, the poor of the world would starve to death. If he thinks he can do better, he should try, perhaps giving up his time washing feet.
Free market pricing is how farmers know what to produce, where, and who to sell too. It’s also how customers know what to buy and keep, and what to throw away, or save for a special occasion. Without these clues, farmers would grow things people don’t want, and much of the good stuff would go to waste.
High prices for some foods is the indicator that causes agribusiness individuals (the so-called greedy) to see an unmet need. They then employ people in the manufacture and distribution of these foods reducing the employment in the production of other foods where the margins are smaller. These food-price signals are also the fuel for technological innovation — the innovation that has made food abundant and relatively affordable, especially in the capitalist west.
The west has lead in food innovation precisely because of the motivation of food profit. Monsanto invents and distributes seeds for fast-growing grains precisely because there is profit in it, and it is these seeds that reduces the price to the consumer. Colonel Sanders invented the high-pressure fryer because it allowed him to fry more chicken faster. The result is profits for KFC and lower prices for the consumers. It is only because of the so-called corporate greed that western consumers have so many options at such low prices that obesity is a big problem, and starvation is virtually unknown. In the US you can buy $1 hamburgers when the minimum wage is about $10/hour. That is, you can buy a hamburger with the income from 6 minutes of work. You can not do that in any country ruled by enlightened leaders where profit is banned.
Charity proliferates in a free market because many of the people have excess give it willingly targeted to help. They give to the Church, or to the poor directly, or in ways that help the poor indirectly. Such giving makes a bond between giver and recipient and cheers both. Almost immediately, the recipient of the charity enters the capitalist market to trade excess and unneeded items for items that are needed. Perhaps the recipient got too many cans of food, but no shoes, or no can-opener. The market allows a rectification at a fair exchange.
And as for the mandate to lecture world leaders on the evils of capitalism, there is none. Moses, in the desert offers to buy food and water at the market prices. On a similar note Jesus pointed out that financial authority rested with the Emperor, not with the religious leaders. In this vein, Pope Galasius I wrote to Emperor Anastasius in AD 494 that there were two systems: the sacred authority of the priests, and the royal power. In the west, the royal power over food is the marketplace, and it has shown itself to be smarter and more giving than the smartest, most charitable religious leaders.
Robert Buxbaum, November 29, 2021. Having complained about the pope I would like to say that Cardinal Tim Dolan, Archbishop of New York does a wonderful job. His main efforts are education and helping immigrants: needed work. And, as best I know, he has never criticized any productive business for charging too much.