Posted on 07/07/2009 10:30:02 AM PDT by TheRiverNile
VATICAN CITY (Reuters) - Pope Benedict called on Tuesday for a "world political authority" to manage the global economy and for more government regulation of national economies to pull the world out of the current crisis and avoid a repeat.
The pope made his call for a re-think of the way the world economy is run in a new encyclical which touched on a number of social issues but whose main connecting thread was how the current crisis has affected both rich and poor nations.
Parts of the encyclical, titled "Charity in Truth," seemed bound to upset free marketeers because of its underlying rejection of unbridled capitalism and unregulated market forces, which he said had led to "thoroughly destructive" abuse of the system.
The pope said every economic decision had a moral consequence and called for "forms of redistribution" of wealth overseen by governments to help those most affected by crises.
Benedict said "there is an urgent need of a true world political authority" whose task would be "to manage the global economy; to revive economies hit by the crisis; to avoid any deterioration of the present crisis and the greater imbalances that would result."
(Excerpt) Read more at reuters.com ...
The Catholic Church was established by the Roman Government.
This is no surprise.
“Pope Benedict called on Tuesday for a “world political authority” to manage the global economy”
Seems to me there used to be a train of thought that had the Catholic Church as the anti-Christ. I also remember something written....somewhere about how the anti-christ will seek dominion over the world economy. Not that I believe any of that, but the Pope has to know that this does not look good. He’s a smart man, I am sure he knows exactly what he is talking about.
Come on, let’s not get hysterical here.
So the Pope is a communist? Big surprise.
I’m a Christian, not a Catholic. Therefore, I view the pope as a good man who is flawed, and quite falible. History tells us that the good modifier was a stretch for some popes.
As such, I’d wish for the pope to tend to his business, that of spiritual guidance, and stay out of economic matters.
*crickets*
“My Pope is an embarrassment.”
Mines’ not.
-Smart-a$$ed Protty.
In the face of the unrelenting growth of global interdependence, there is a strongly felt need, even in the midst of a global recession, for a reform of the United Nations Organization, and likewise of economic institutions and international finance, so that the concept of the family of nations can acquire real teeth. One also senses the urgent need to find innovative ways of implementing the principle of the responsibility to protect[146] and of giving poorer nations an effective voice in shared decision-making. This seems necessary in order to arrive at a political, juridical and economic order which can increase and give direction to international cooperation for the development of all peoples in solidarity. To manage the global economy; to revive economies hit by the crisis; to avoid any deterioration of the present crisis and the greater imbalances that would result; to bring about integral and timely disarmament, food security and peace; to guarantee the protection of the environment and to regulate migration: for all this, there is urgent need of a true world political authority, as my predecessor Blessed John XXIII indicated some years ago. Such an authority would need to be regulated by law, to observe consistently the principles of subsidiarity and solidarity, to seek to establish the common good[147], and to make a commitment to securing authentic integral human development inspired by the values of charity in truth. Furthermore, such an authority would need to be universally recognized and to be vested with the effective power to ensure security for all, regard for justice, and respect for rights[148]. Obviously it would have to have the authority to ensure compliance with its decisions from all parties, and also with the coordinated measures adopted in various international forums. Without this, despite the great progress accomplished in various sectors, international law would risk being conditioned by the balance of power among the strongest nations. The integral development of peoples and international cooperation require the establishment of a greater degree of international ordering, marked by subsidiarity, for the management of globalization[149]. They also require the construction of a social order that at last conforms to the moral order, to the interconnection between moral and social spheres, and to the link between politics and the economic and civil spheres, as envisaged by the Charter of the United Nations.
Why, he seems no different than the rest of the one-world commie bastards.
Spot on rawhide
The pope said every economic decision had a moral consequence and called for "forms of redistribution" of wealth overseen by governments to help those most affected by crises.
Benedict said "there is an urgent need of a true world political authority" whose task would be "to manage the global economy; to revive economies hit by the crisis; to avoid any deterioration of the present crisis and the greater imbalances that would result."
The Pope should re-read the words of Jesus about what belongs to God and what belongs to Caesar- and get out of the business of advocating for Caesar.
apparently Pope and obama will have lots to cuddle over
So the Pope is a New World Order Nazi too?
Figures. So much for the Catholic Church.
What did you expect, a supply-side Pope? Nothing in the Church history except comfort with massive centralization of assets.
I think the old boy has jumped his trolley.
So much for Papal infallibility.
He needs to read some Friedman or Hayak.
Remember this is Al-Reuters. I have not yet read the encyclical, but I would like to do so before offering comment.
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