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Rethink economic systems; place man at the center: Pope Francis

Catholic World News - May 27, 2013

Pope Francis repeated his argument that a current world crisis “is not only economic and financial but is rooted in an anthropological and ethical crisis,” as he spoke with members of the Centisimus Annus-Pro Pontifice Foundation.

As the Foundation gathered for an annual discussion on the application of Catholic social teaching to economic affairs, the Pope called for re-thinking the world’s financial system and setting a higher priority on solidarity. An economic system, the Pope insisted, must be centered on people rather than profits, and the dignity of labor rather than the accumulation of capital. “There is not worse material poverty,” he said, “than that which does not allow people to earn their daily bread and deprives them of the dignity of work.”

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