Related Stories
Pope urges new world order
Key Excerpts from Article on Website of New York Times
Posted: July 26th, 2009
http://www.nytimes.com/2009/07/08/world/europe/08pope.html?p...
Pope Benedict XVI [has] 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 [July 7]. More than two years in the making, Caritas in Veritate, or Charity in Truth, is Benedicts 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. In many ways, the document is a puzzling cross between an anti-globalization tract and a government white paper, another signal that the Vatican does not comfortably fit into traditional political categories of right and left. Benedict also called for a reform of the United Nations so there could be a unified global political body that allowed the less powerful of the earth to have a voice, and he called on rich nations to help less fortunate ones.
Related Stories
Latest News
Key News Articles from Years Past
