Address of Pope Francis to Ambassadors on the world of finance and economics – 16th May 2013


ADDRESS OF POPE FRANCISQuotations from the address:
… Consequently the financial crisis which we are experiencing makes us forget that its ultimate origin is to be found in a profound human crisis. In the denial of the primacy of human beings! We have created new idols. The worship of the golden calf of old (cf. Ex 32:15-34) has found a new and heartless image in the cult of money and the dictatorship of an economy which is faceless and lacking any truly humane goal.
The worldwide financial and economic crisis seems to highlight their distortions and above all the gravely deficient human perspective, which reduces man to one of his needs alone, namely, consumption. Worse yet, human beings themselves are nowadays considered as consumer goods which can be used and thrown away. We have started a throw-away culture. This tendency is seen on the level of individuals and whole societies; and it is being promoted! In circumstances like these, solidarity, which is the treasure of the poor, is often considered counterproductive, opposed to the logic of finance and the economy. While the income of a minority is increasing exponentially, that of the majority is crumbling. This imbalance results from ideologies which uphold the absolute autonomy of markets and financial speculation, and thus deny the right of control to States, which are themselves charged with providing for the common good. A new, invisible and at times virtual, tyranny is established, one which unilaterally and irremediably imposes its own laws and rules. Moreover, indebtedness and credit distance countries from their real economy and citizens from their real buying power. Added to this, as if it were needed, is widespread corruption and selfish fiscal evasion which have taken on worldwide dimensions. The will to power and of possession has become limitless…
there is a need for financial reform along ethical lines that would produce in its turn an economic reform to benefit everyone. This would nevertheless require a courageous change of attitude on the part of political leaders. I urge them to face this challenge with determination and farsightedness, taking account, naturally, of their particular situations. Money has to serve, not to rule! The Pope loves everyone, rich and poor alike, but the Pope has the duty, in Christ’s name, to remind the rich to help the poor, to respect them, to promote them. The Pope appeals for disinterested solidarity and for a return to person-centred ethics in the world of finance and economics…
FULL ADDRESS
ALSO
Pope Francis Shakes up the Ambassadors Meeting and Addresses Economic Issues
Discours du Pape François au sujet de la dictature de l’économie

2 thoughts on “Address of Pope Francis to Ambassadors on the world of finance and economics – 16th May 2013

  1. John ITARU. M.Afr

    This is what we need to hear from our leader and of course to act on what he says! What about I and you where we are? Are we reach or poor? Do we help, respect and promote the poor through our words, actions, attitudes towards them? Thanks God for having given us such a man of inspiration to lead his Church during this critical social, religious, economic and political moment in the universe!

  2. Pingback: Zambia: Geoffrey Mwamba Donates K110, 000 | Missionaries of Africa – SAP Province

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