The talking points on the new encyclical Fratelli tutti (‘Brothers all’) that the Vatican has provided for Spanish-speaking bishops refute the claim that the Pope is a “socialist” or a “communist”.
In his Wednesday General Audience today, Pope Francis hit out at what he called the “false prophets” of “trickle-down” economics, lamenting that “the glass grows and grows and never overflows to the poor”. “We must be careful”, he warned.
Political and opinion leaders, scientists and civil society almost entirely agree that post-COVID economies should be run differently.
Pope Francis is to address the UN on the need for new socio-economic models post-pandemic.
Four global organizations representing some 500 million Christians have written an urgent letter to G20 leaders, calling for them to leave behind the current broken financial architecture and promote a truly just and sustainable recovery.
This year, due to the pandemic of the coronavirus, the Ecumenical Patriarchate was unable to send a delegation to the Church of Rome on the occasion of her Thronal Feast, the feast of the Holy Apostles Peter and Paul, on 29 June 2020.
“Global inequality is scandalous”and political democracy is “not enough” to counter it, a liberation theologian pushing for economic democracy has written.
A Vatican official has urged the world “to press the reset button” on the system post-COVID and to forge “a new path”.
Today the world is fighting a pandemic. Sooner or later the health issue will be resolved, but the economic consequences will be devastating, perhaps worse than those of the collapse of 1929, if a global recovery plan and a global redistributive shock treatment are not implemented.
“Racism is not just about skin colour, but about the colour of money”, a Spanish theologian has written.
Would you like to be rich? Chances are your answer is: “Yes! Who wouldn’t want to be rich?” Clearly, in societies where money can buy almost everything, being rich is generally perceived as something good. It implies more freedom, fewer worries, more happiness, higher social status.
“Corporate social responsibility cannot be just for show”, a Portuguese Church commission has reminded business in the context of the COVID-19 crisis.
A Portuguese Church commission has blasted bonuses to bankers during COVID-19, insisting that “not everything that is legal is legitimate”.
A confidant of the Pope’s has backed a tax on the rich, saying “there are people who have more than enough”.
Priests in option for the poor in Argentina have proposed a tax on the rich to combat the “virus of injustice”.
In the COVID-19 pandemic, “we’re crucifying Christ again due to post-liberalism and the destruction of the public health system”, a French Jesuit economist has decried.
On the rescue packages being prepared around the world to cushion the coronavirus recession, a Vatican official has told governments not to repeat the “mistakes” of the 2008 global financial crisis nank bailouts.
A lack of solidarity during the coronavirus crisis could be the “fatal wound” to the European Union project, one of the continent’s top cardinals has warned.
A papal economist has criticised countries such as the Netherlands and Germany for their lack of solidarity in the coronavirus crisis with Italy and Spain.
The Vatican is mobilising the Church’s “whole network of charity and solidarity” to tackle the COVID-19 pandemic, its Development ‘Minister’ Cardinal Peter Turkson has said.
A cardinal has clarified that the “universal basic wage” the Pope called for in an Easter letter to the world’s popular movements is not to be understood as an appeal for a “universal basic income”.
France and the International Monetary Fund (IMF) have agreed in principle to cancel the debt of some of the world’s poorest nations days after Pope Francis and senior Vatican cardinal Luis Antonio Tagle made an appeal to do so.
A Madrid auxiliary bishop has backed the Pope’s call for a universal basic wage, and said that workers must be the “cornerstone” for the Church exit strategy from the coronavirus.
In an Easter message, the Vatican Dicastery for Promoting Integral Human Development has warned the world that a conversion towards integral ecology “is the only way we will be prepared to face the challenges of the future”.
The Vatican is planning staff and other cost cuts to cover an 11 million euro coronavirus financial black hole.
In a prophetic message published Sunday on Easter Day, Pope Francis raged against the “idolatry” of money and pleaded for a universal basic wage.
A German Jesuit has floated the idea of a wealth tax to cover the costs of COVID-19, saying “strong shoulders can do more than others”.
A Portuguese priest is looking to banks to return their global financial crisis bailout and to fund the coronavirus rescue.
“We will not stop. The international crisis due to the coronavirus once again shows how everything is interconnected”.
Catholic groups including CIDSE – an umbrella organisation of Church development agencies in Europe and North America – have joined an open letter calling on governments to commit to a “healthier and more equitable future” after COVID-19.