In an interview on CNBC on Monday, Home Depot founder and devout Catholic Ken Langone said that the Pope’s statements about capitalism have left many potential “capitalist benefactors” wary of donating to the Church or its fundraising projects.
According to Langone, an anonymous, “potential seven-figure donor” for the Church’s restoration of St. Patrick’s Cathedral is concerned that the Pope’s criticism of capitalism are “exclusionary,” especially his statements about the “culture of prosperity” leading to the wealthy being “incapable of feeling compassion for the poor.”
“I’ve told the Cardinal,” Langone said, “‘Your Eminence, this is one more hurdle I hope we don’t have to deal with. You want to be careful about generalities. Rich people in one country don’t act the same as rich people in another country.’”
Cardinal Dolan told CNBC that he had, in fact, spoken to Langone, and had told him that “that would be a misunderstanding of the Holy Father’s message. The pope loves poor people. He also loves rich people.”
He then thanked Langone for bringing this anonymous donor’s concerns to him, and insisted that “[w]e’ve got to correct — to make sure this gentleman understands the Holy Father’s message properly.”
Langone further said that, in the future, he hopes Pope Francis will “celebrate a positive point of view rather than focusing on the negative.” He does worry, though, because of “the vast difference between the Pope’s experience in Argentina and how we are in America. There is no nation on earth that is so forthcoming, so giving.”
Dolan assured Langone that he had communicated to the new Pope the “legendary generosity of the Catholic Church in the United States.”
Scott Eric Kaufman is the proprietor of the AV Club's Internet Film School and, in addition to Raw Story, also writes for Lawyers, Guns & Money. He earned a Ph.D. in English Literature from the University of California, Irvine in 2008.
Raw Story is a progressive news site that focuses on stories often ignored in the mainstream media. While giving coverage to the big stories of the day, we also bring our readers' attention to policy, politics, legal and human rights stories that get ignored in an infotainment culture driven solely by pageviews.
Founded in 2004, Raw Story reaches 9 million unique readers per month and serves more than 30 million pageviews.