RACHEL DONADIO and LAURIE GOODSTEIN
Published: July 7, 2009 Osservatore Romano, via Reuters
VATICAN CITY — Pope Benedict XVI on Tuesday called for a radical rethinking of the global economy, criticizing a growing divide between rich and poor and urging the establishment of a “true world political authority” to oversee the economy and work for the “common good.”
He criticized the current economic system, “where the pernicious effects of sin are evident,” and urged financiers in particular to “rediscover the genuinely ethical foundation of their activity.”
He also called for “greater social responsibility” on the part of business. “Once profit becomes the exclusive goal, if it is produced by improper means and without the common good as its ultimate end, it risks destroying wealth and creating poverty,” Benedict wrote in his new encyclical, which the Vatican released on Tuesday.
More than two years in the making, “Caritas in Veritate,” or “Charity in Truth,” is Benedict’s third encyclical since he became pope in 2005. Filled with terms like “globalization,” “market economy,” “outsourcing,” “labor unions” and “alternative energy,” it is not surprising that the Italian media reported that the Vatican was having difficulty translating the 144-page document into Latin.
I’m Catholic and if he did what is reported in that article, that is a socialist/communist new world order he’s advocating for. And he is not stupid so he knows exactly what he is doing to the world by advocating for that.
Not trying to be nasty! If you wish to quote the Vatican it would be great for it to come from the original source document not some guys take on what he thinks it says. The meaning of the original pronoucement is a little skewed by the article that is all!
Cheers
Mel