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Pope Francis Calls for New Models of ‘Inclusive Capitalism’

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Breitbart
November 12, 2019

Pope Francis urged leaders Monday to devise “more inclusive and equitable economic models,” praising those who seek ways “to make capitalism become a more inclusive instrument for integral human wellbeing.”

A just economy would “permit each person to share in the resources of this world and have opportunities to realize his or her potential,” the pope said in his address to participants in a meeting of the Council for Inclusive Capitalism in Rome.

The Council is a result of a 2016 Forum promoting “an exchange of ideas and information aimed at creating a more humane economy and contributing to the eradication of poverty on the global level,” Francis noted.

Seeking ways to make capitalism more inclusive entails “overcoming an economy of exclusion and reducing the gap separating the majority of people from the prosperity enjoyed by the few,” the pontiff remarked.

Francis acknowledged that “business is a noble vocation, directed to producing wealth and improving our world” and can be “a fruitful source of prosperity for the areas in which it operates, especially if it sees the creation of jobs as an essential part of its service to the common good.”

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This article was posted: Tuesday, November 12, 2019 at 3:06 am





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