(Vatican Radio) Cardinal Peter Turkson , President of the Pontifical Council for Justice and Peace , called on Monday for a financial system and a global economy that respects the human person.
Speaking on the first day of the 3rd European Microfinance Forum (3rd EMF) taking place in Rome, Cardinal Turkson quoted from Pope Francis’ encyclicals and messages that denounce the current culture of waste and speak of an anthropological crisis that has placed wealth at the summit of a scale of values. He also praised the tools provided by microfinance and microcredit which, he said, “not only have a positive economic impact, but also a social and cultural one.
The Forum aims to provide public institutions, private sector operators and non-profit organizations with an opportunity to debate and share views from their various perspectives on economic and social development and credit access.
In his speech Cardinal Turkson said that right from the beginning of his Pontificate, starting with his Encyclical “Evangelii Gaudium”, Pope Francis has decried the fact that the current economic system is founded on exclusion and a throwaway culture that produces inequity: “that’s why he speaks of an economy that kills!”
Referring to the Pope’s “Laudato Sii’” encyclical, Turkson continued: “the Pope says: “Once more, we need to reject a magical conception of the market, which would suggest that problems can be solved simply by an increase in the profits of companies or individuals. Is it realistic to hope that those who are obsessed with maximizing profits will stop to reflect on the environmental damage which they will leave behind for future generations? Where profits alone count, there can be no thinking about the rhythms of nature, its phases of decay and regeneration, or the complexity of ecosystems which may be gravely upset by human intervention.”
And quoting from Pope Francis’ words again, this time upon receiving the Charlemagne Prize, Turkson said that the Pope clearly calls for the urgent need to come up with “new, more inclusive and equitable economic models, aimed not at serving the few, but at benefiting ordinary people and society as a whole”. Doing this – he said – “calls for moving from a liquid economy in which numbers are more important than people to a social economy”.
The Pope, Turkson said, clearly indicates that it is unacceptable that “the death from cold of an old man living on the streets doesn’t make the news while the loss of 2 points on the stock exchange does”.
The cause of his, he said, is the anthropological crisis the world is going through; and it is much deeper than the economic one: “the denial of the primacy of the human person”. Money and wealth – he explained – are being worshipped as the new idol.
Cardinal Turkson also explained that the Pope does not limit himself to criticizing the current economic model, but outlines the characteristics of a more equal economy, that gives everyone the possibility to participate within respect for human dignity and care for the environment.
Indicating a social economy that “invests in persons by creating jobs and providing training,” Turkson said, the Pope asks us to “move from a liquid economy prepared to use corruption as a means of obtaining profits to a social economy that guarantees access to land and lodging through labour.”
Highlighting the fact that we need a modern social market economy to be able to tackle the challenges of unemployment, increasing inequality and environmental degradation, the Cardinal stressed how the human person and his and her fundamental and inalienable human rights must be at the fulcrum of such a system.
Cardinal Turkson acknowledged that the crucial challenge a new model of social economy will be called to face is globalization, and especially that “globalization of indifference” that opposes a globalization of solidarity.
The Cardinal concluded his speech saying that the tools provided by microfinance and microcredit in tackling unemployment, inequality and environmental degradation are of “crucial importance”.
Microcredit, he said, places trust in those who are not considered “adequate” by banks to receive financial loans, “it places trust in the marginalized, in the excluded of our throwaway culture, in their capacity to get organized and bring about change for themselves, for their families, for their communities”.
And, he said, microfinance and microcredit do not only have an economic impact, but a social and cultural one as well.
Cardinal Turkson concluded his address quoting from Evangelii Gaudium: “As long as the problems of the poor are not radically resolved by rejecting the absolute autonomy of markets and financial speculation, and by attacking the structural causes of inequality, no solution will be found for the world’s problems or, for that matter, to any problems.”
(from Vatican Radio)…
(Vatican Radio) Pope Francis on Wednesday said access to food and water is a basic human right, and called on believers and people of good will everywhaere to take personal responsibility for the needs of their neighbors. The appeal came during the Holy Father’s weekly General Audience in St. Peter’s Square. The Pope focused on feeding the hungry – the first of the Corporal Works of Mercy – during the catechetical portion of the event.
Below, please find the official English-language summary read out following the main catechesis in Italian
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Dear Brothers and Sisters: In our catechesis for this Holy Year of Mercy, we have reflected on God’s mercy and our own responsibility, as followers of Jesus, to be “merciful like the Father”. Among the corporal works of mercy, the first is that of feeding the hungry. Access to food and water is a basic human right, yet so many members of our human family, especially children, continue to suffer from hunger and thirst. While grateful for the generosity and solidarity shown in the case of many tragic situations worldwide, we must never forget that this work of mercy calls us to respond personally to concrete situations of need in our own lives. Saint James warns against ignoring the practical needs of our brothers and sisters, for faith without works is dead ( Jas 2:14-17). In the miracle of the loaves and fishes, Jesus tells his disciples to provide food for the crowds, yet he shows them that, in sharing what they have, he will give it increase. Jesus himself is the bread of life, and he makes it clear that our relationship with the Father depends on the way we respond to the hunger and thirst of our brothers and sisters.
Following the catechetical summary, the Holy Father greeted English-speaking pilgrims
I greet the English-speaking pilgrims and visitors taking part in today’s Audience, particularly those from England, Scotland, Ireland, Denmark, Finland, the Netherlands, Malta, Ghana, Uganda, South Africa, Indonesia, China, Singapore, Japan, the Philippines and the United States of America. With prayerful good wishes that the present Jubilee of Mercy will be a moment of grace and spiritual renewal for you and your families, I invoke upon all of you joy and peace in our Lord Jesus Christ.
(from Vatican Radio)…