“If investments in the banks fail, ‘Oh, it’s a tragedy,’ ” he said, speaking extemporaneously for more than 40 minutes at a Pentecost vigil last weekend, after a private audience with the German chancellor, Angela Merkel, the architect of Europe’s austerity policies. “But if people die of hunger or don’t have food or health, nothing happens. This is our crisis today.”
In a recent speech to diplomats accredited to the Holy See, Francis also spoke of the need for more ethics in finance.
Pope Francis, Saint Benedict Press |
“The financial crisis which we are experiencing makes us forget that its ultimate origin is to be found in a profound human crisis,” he said, adding: “We have created new idols. The worship of the golden calf of old has found a new and heartless image in the cult of money and the dictatorship of an economy which is faceless and lacking any truly humane goal.”
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