Loading
Archbishop reminds protesting Chilean workers of moral failure in economic crisis
Facebook Twitter Google+ Pinterest Addthis

.- Archbishop Ricardo Ezzati of Concepcion in Chile said this week the global economic crisis has profound moral roots and that economic leaders around the world should “use their intelligence to seek the truth that leads to true development.”

In response to protests by workers in downtown Santiago against massive layoffs, the archbishop explained that the crisis is the result of disregard for the ethics and morality that should guide the managing of finances and the economy.

“If I look at the origins of this crisis and I analyze the first and fundamental fact, I find an action that is immoral: speculating with money that belongs to others; huge investments with no foundation and backing; the desire to profit at the expense of others,” the archbishop said.

“It can be said with certainty,” he continued, “that this crisis was foretold by Pope Benedict XVI one year earlier in his encyclical ‘Spe salvi,’ when he warned that the foundation upon which the growth and development of the world was being carried out was erroneous and would lead to failure.”

According to Archbishop Ezzati, “The moral crisis is due to a crisis of faith in human intelligence, because human reason is called to seek the truth, as an ethical obligation. But it is not enough to find it, it must also be followed. For this reason, the leaders of the world economy have a great task, that of using their intelligence to seek the truth that leads to true development.”

Some twelve thousand workers marched through the streets of downtown Santiago on Thursday protesting massive layoffs and demanding more aid from the government.

Ads by AdsLiveMedia(What's this?)

* The number of messages that can be online is limited. CNA reserves the right to edit messages for content and tone. Comments and opinions expressed by users do not necessarily reflect the opinions or beliefs of CNA. CNA will not publish comments with abusive language, insults or links to other pages

RESOURCES »

Ads by Google (What's this?)

Featured Videos

An Indian contribution to the Vatican's Synod on the Family
An Indian contribution to the Vatican's Synod on the Family
Christ Cathedral CNA video Sept 2014
Alejandro Bermudez of CNA accepts ice bucket challenge
'The Real Albania,' remembering those who fled
Pope Francis in Albania, "one of the most important visits of the post-communist era in Albania"
Pope Francis greets paralyzed man who risked all to see him
Franciscans on the banks of the Tiber in Rome, working for the New Evangelization
Pilgrimage from Czech Republic to Assisi and Rome for intentions
Testimony of young Indian who met Pope in Korea
Preparations of the Closing Mass of 6th Asian Youth Day
Missionary of Charity, Korea
Testimony of Christian Love during Pope's Visit to Korea
Religious Sisters in South Korea react to Pope Francis kissing a baby
Warm atmosphere during Holy Mass at Daejeon World Cup Stadium
Images inside Pope Francis flight to South Korea
The tombs of the early Christians
Missionaries of Africa, called "the White Fathers"
Italian youth give testimony after mission to Peru
Interview with Iraqi Ambassador to the Holy See on the persecution of Christians
New book 'The Vatican unknown'
Nov
1

Liturgical Calendar

November 1, 2014

All Saints

All readings:
Today »
This year »

Catholic Daily

Gospel of the Day

Lk 14:1-6

Gospel
Date
10/31/14
10/29/14
10/28/14

Daily Readings


First Reading:: Phil 1: 1-11
Gospel:: Lk 14: 1-6

Saint of the Day

St. Romuald »

Saint
Date
10/31/14

Homily of the Day

Lk 14:1-6

Homily
Date
10/31/14
10/29/14
10/28/14