Down to the Wire: Just $6,477 left to match to win our Challenge Grant. Your gift will still be doubled!
Click here to advertise on CatholicCulture.org

Jewish-Catholic commission agrees: economic crisis reflects moral crisis

Catholic World News - March 30, 2012

A joint Catholic-Jewish commission has released a statement on the current financial crisis, concluded that “at its roots lies a crisis of moral values.”

A bilateral commission, co-sponsored by the Chief Rabbinate of Israel and Vatican’s commission for relations with Jews, met in Rome this week to discuss the economic crisis. Their concluding statement lamented that “the value of truth reflected in honesty and transparency was sorely lacking in economic activity.”

Catholics and Jews share the belief that "the purpose of an economic order is to serve the well being of society, affirming the human dignity of all people, each created in the divine image,” the statement read. The commission agreed that the moral health of a society can be measured by the way it treats those who are in need. Turning to the international economic order, the commission affirmed “the universal destination of the goods of the earth,” and called upon wealthy nations to consider the forgiveness of debts to the developing world.

Fundamentally, the commission stressed, “the crisis has revealed the profound lack of an ethical component in economic thinking.”

Additional sources for this story
Some links will take you to other sites, in a new window.

An appeal from our founder, Dr. Jeffrey Mirus:

Dear reader: If you found the information on this page helpful in your pursuit of a better Catholic life, please support our work with a donation. Your donation will help us reach seven million Truth-seeking readers worldwide this year. Thank you!

Our Fall Campaign
Progress toward our year-end goal ($56,145 to go):
$150,000.00 $93,855.13
37% 63%
Sound Off! CatholicCulture.org supporters weigh in.

All comments are moderated. To lighten our editing burden, only current donors are allowed to Sound Off. If you are a donor, log in to see the comment form; otherwise please support our work, and Sound Off!

There are no comments yet for this item.

Fall 2014 Campaign
Subscribe for free
Shop Amazon
Click here to advertise on CatholicCulture.org

Recent Catholic Commentary

The gift of orthodoxy: A mercy and a challenge to mercy 13 hours ago
Getting Marriage Right November 25
O Earthly Lord, vouchsafe to us high speed Internet. November 25
No 'Francis effect' in Strasbourg November 25
What Pope Francis told European Parliament, and what Pope John Paul II said November 25

Top Catholic News

Most Important Stories of the Last 30 Days
Pope Francis: Europe seems 'elderly and haggard' CWN - November 25