Posts Tagged ‘global economy’

Pope and Bank of England Governor stress human-centred economy

Tuesday, July 22nd, 2014

Pope Francis and the Governor of the Bank of England have both stressed that the human person must be at the centre of the global economy. Pope Francis addressed a closed-door conference organised by the Pontifical Council for Justice and Peace held in Rome on July 11-12. Bank of England governor Mark Carney was one of Read more

Ukrainian Catholic leader: Global economy reflects spiritual crisis

Friday, September 28th, 2012

Western secularism underlies the worldwide economic crisis and challenges the future of Ukraine, the head of the Ukrainian Catholic Church told Canada’s bishops. “The current economic crisis is merely the symptom of a much deeper spiritual and cultural crisis,” Archbishop Sviatoslav Shevchuk told the annual plenary of the Canadian Conference of Catholic Bishops Sept. 25. Read more

The Future of the Church in the Global Economy

Tuesday, February 14th, 2012

Last October  the Pontifical Council for Justice and Peace — a body of the Roman Curia that advises the pope on the Global economy, among other things ssued “Towards Reforming the International Financial and Monetary Systems in the Context of Global Public Authority” .

The Church wanted to attract the attention of world leaders as they assembled to discuss ongoing turmoil in financial markets at the G-20 Summit in Cannes and to add its voice to those arguing for capital controls (such as the “Tobin tax”) to discourage international financial speculation.

In January, during his keynote speech for the New Year to diplomats accredited to the Holy See, Pope Benedict XVI reinforced the call for ethics in the global economy.

Samuel Gregg says “On the one hand, the Church advocates a world authority that manages globalization in the interests of economic justice. Yet it is equally committed to open markets, also as a matter of economic justice. Reconciling these two commitments will be a major test for Catholic social doctrine.”


Read Samuel Gregg’s Blog, The Vatican’s Calls for Global Financial Reform – The Future of the Church in the Financial Order

Brandeis University The Heller School


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The Occupy Wall Street protesters are neither unrealistic nor impractical

Friday, December 2nd, 2011

The Occupy Wall St movement is being criticised by some as a crowd of malcontents having no solutions to offer to the problems they are protesting about.  To start with they were portrayed  as a movement that objected to what they deemed to be unfair bank regulations. Two months down the track, the novelty has dimmed, the objectives Read more