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Pope: Financial reform along ethical lines

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May 21, 2013

Pope’s Vatican Radio Address……………….

http://www.news.va/en/news/pope-financial-reform-along-ethical-lines

(Vatican Radio)“There is a need for financial reform along ethical lines that would produce in its turn an economic reform to benefit everyone.”… “Money has to serve, not to rule”

Pope Francis explained that in his opinion, one cause of this situation, was our relationship with money, and our acceptance of its power over ourselves and our society. Consequently, he added, 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.”

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.

These financiers, economists and politicians consider God to be unmanageable, unmanageable even dangerous, because he calls man to his full realization and to independence from any kind of slavery.

The Pope appeals for disinterested solidarity and for a return to person-centered ethics in the world of finance and economics.