As Greece’s economic woes deepen and threaten to spread to other countries, the Vatican has offered a timely reminder of the underlying causes of the global economic crisis and analysed ways forward out of it.
During five days of discussions, members of the Pontifical Academy for Social Sciences, joined by a number of leaders in industry and finance, examined the situation under the theme “Crisis in a Global Economy. Re-planning the Journey” – a phrase inspired by Benedict XVI’s social encyclical Caritas in Veritate. (A summary of the highlights of the meeting can be found here).
“Looking into the crisis we considered it to be most of all a moral as well as an economic crisis,”...READ MORE