Loading
En route to Madrid, Pope says economies need morals
By David Kerr
Pope Benedict speaks to reporters aboard the papal plane ahead of his visit to the UK in Sept. 2010
Pope Benedict speaks to reporters aboard the papal plane ahead of his visit to the UK in Sept. 2010

.- Pope Benedict XVI used his flight to Madrid for World Youth Day to call for a new ethical code in global economics. Spain currently has the highest unemployment rate in the industrialized world, with nearly 50 percent of its young people unable to find work.
 
“The economy doesn’t function with market self-regulation but needs an ethical reason to work for mankind,” the Pope told reporters aboard the papal plane.

“Man must be at the center of the economy, and the economy cannot be measured only by maximization of profit but rather according to the common good.”
 
Pope Benedict drew upon his 2009 encyclical “Caritas in Veritate” or “Charity in Truth” in which he asserted that the dignity of the person must be central to all economic decisions.

He told reporters that the current economic crisis afflicting many young people in countries like Spain again shows that a moral dimension isn’t “exterior” but “interior and fundamental” to the formulation of economic policy.

Among the welcoming party at Madrid’s Barajas Airport were Spain’s Socialist Prime Minister Jose Luis Rodriguez Zapatero and his conservative opposition leader Marian Rajoy. With both men listening, the Pope once again dwelt upon matters economic in his opening remarks.

“Many young people look worriedly to the future, as they search for work, either because they have lost their job or because the one they have is precarious or uncertain.”

It was a sentiment that echoed King Juan Carlos’ comments moment before. He said Spain’s youth are “frustrated by the lack of personal and work possibilities, and rebel against the serious problems facing the world today.”
 
Last night, around 5,000 individuals took to the streets of Madrid to protest, they said, against the cost of the papal visit to Spain. Police arrested eight of the demonstrators after groups of protesters started taunting and attacking young pilgrims.

Organizers of World Youth Day say the event is being fully paid for by the Catholic Church and pilgrims but not by the Spanish state. They also point out the economic boost that a million or more visitors to Madrid are giving to Spain’s ailing economy.


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

#PAUSEforPeace Initiative
#PAUSEforPeace Initiative
Dedicating art to San Juan de la Cruz
A state without territory elects new government
The renewal of the Legionaries of Christ
Presentation of the book "The Pastor"
Synod on the Family October 2014
Preferential option for the poor
God is alive, even in sport
'A forbidden God' named Best Film at the International Catholic Film Festival
Vatican backs a 'Pause for Peace' during World Cup final
The effects of religious violence in Sarajevo 
The origin of Corpus Christi 
Corpus Christi at the Vatican 
Homage to an Indian Cardinal
Train of the Child's Light
New book explaining gestures of the Mass
Encounter between Pope Francis and the Charismatic Renewal in the Spirit Movement.
Religious tensions subside amid Balkan floods
John Paul II Center for Studies on Marriage and Family
Saint John Paul II on cartoon
Jul
28

Liturgical Calendar

July 28, 2014

Monday of the Seventeenth Week in Ordinary Time

All readings:
Today »
This year »

Catholic Daily

Gospel of the Day

Mt 13:31-35

Gospel
Date
07/28/14
07/27/14
07/26/14

Daily Readings


First Reading:: Jer 13: 1-11
Gospel:: Mt 13: 31-35

Saint of the Day

St. Victor I, Pope »

Saint
Date
07/27/14

Homily of the Day

Mt 13:31-35

Homily
Date
07/28/14
07/27/14
07/26/14

Ads by AdsLiveMedia.com

Ads by AdsLiveMedia.com
     HTML
Text only
Headlines
  

Follow us: