Vatican City, May 3, 2019 / 09:22 am
Pope Francis Friday offered a critique of captialism's impact on the environment, calling for a response that hears "the cry of the Earth and the cry of the poor."
"The precarious condition of our common home has been the result largely of a fallacious economic model that has been followed for too long," Pope Francis said May 3.
Francis called this economic model "profit-oriented, shortsighted, and based on the misconception of unlimited economic growth," and said that it results in a "disastrous impact on the natural world."
"Economic powers continue to justify the current global system where priority tends to be given to [...] the pursuit of financial gain, which fail to take the context into account, let alone the effects on human dignity and the natural environment," he said.