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TruthBook Religious News Blog



Thursday, July 09, 2009

Pope calls for 'God-centered' global economy

THIRD ENCYCLICAL

ON A MORAL ECONOMY

Select excerpts from Caritas in Veritate (Charity in Truth), Pope Benedict XVI's new encyclical on the economy and Catholic social teachings:

• "The dignity of the individual and the demands of justice require, particularly today, that economic choices do not cause disparities in wealth to increase in an excessive and morally unacceptable manner ..."

• "We should not be (globalization's) victims, but rather its protagonists, acting in the light of reason, guided by charity and truth."

• "... Ideological rejection of God and an atheism of indifference, oblivious to the Creator and at risk of becoming equally oblivious to human values, constitute some of the chief obstacles to development today. A humanism which excludes God is an inhuman humanism. Only a humanism open to the Absolute can guide us in the promotion and building of forms of social and civic life -- structures, institutions, culture and ethos -- without exposing us to the risk of becoming ensnared by the fashions of the moment."

• Humankind should ask for God's grace ... "to receive the daily bread that we need, to be understanding and generous towards our debtors, not to be tempted beyond our limits, and to be delivered from evil."

• "Profit is useful if it serves as a means towards an end that provides a sense both of how to produce it and how to make good use of it. 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."

By Cathy Lynn Grossman, USA TODAY

Pope Benedict XVI today called for reforming the United Nations and establishing a "true world political authority" with "real teeth" to manage the global economy with God-centered ethics.

In his third encyclical, a major teaching, released as the G-8 summit begins in Italy, the pope says such an authority is urgently needed to end the current worldwide financial crisis. It should "revive" damaged economies, reach toward "disarmament, food security and peace," protect the environment and "regulate migration."

Benedict writes, "The market is not, and must not become, the place where the strong subdue the weak."

The encyclical, Caritas in Veritate (Charity in Truth) is a theologically dense explication of Catholic social teaching that draws heavily from earlier popes, particularly PaulVI's critique of capitalism 42 years ago. And echoing his predecessor John Paul II, Benedict says, "every economic decision has a moral consequence."

This is a really great article about the Pope's latest encyclical. It is well worth the read...Jesusonian ideals!!! Please click on "external source" for the entire piece.

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