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Pope Francis emphasizes: man must be at center of economy

Catholic World News - July 14, 2014

Warning against “anthropological reductionism,” Pope Francis told participants at a conference sponsored by the Pontifical Council for Justice and Peace that man must be at the center of the economy.

When man is not at the center of the economy, he becomes “a tool of the system” and “loses his humanity,” the Pope said. “Man is at the service of this other thing.”

Pope Francis added that children, the youth, and the elderly are being discarded, as manifested by the low birth rate and massive youth unemployment in Europe.

The conference, entitled “The Global Common Good: Towards a More Inclusive Economy,” took place on July 11-12. The Daily Star, a leading Bangladeshi newspaper, reported that among those in attendance were Bangladeshi Nobel laureate Muhammad Yunus; José Ángel Gurría, secretary general of the Organization for Economic Cooperation and Development; Mark Carney, governor of the Bank of England and chairman of the G20's Financial Stability Board; Michel Camdessus, former managing director of the International Monetary Fund; Ngozi Okonjo-Iweala, Nigeria’s finance minister; and American economist Jeffrey Sachs.

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  • Posted by: extremeCatholic - Jul. 14, 2014 7:53 PM ET USA

    I believe the Pope consistently undermines his arguments by using straw men - the wildly exaggerated caricatures of economic policies held and advocated by no one - such as this one "anthropological reductionism". There should be a conference to explore how is wealth created and how people raise themselves up from poverty.

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