Pope's quotes: Economic vision

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A quote from Pope Francis:

"An economic vision geared to profit and material well-being alone is – as experience is daily showing us – incapable of contributing in a positive way to a globalisation that favours the integral development of the world’s peoples, a just distribution of the earth’s resources, the guarantee of dignified labour and the encouragement of private initiative and local enterprise. An economy of exclusion and inequality has led to greater numbers of the disenfranchised and those discarded as unproductive and useless. The effects are felt even in our more developed societies, in which the growth of relative poverty and social decay represent a serious threat to families, the shrinking middle class and in a particular way our young people. The rates of unemployment for the young are not only a scandal needing to be addressed first and foremost in economic terms, but also, and no less urgently, as a social ill, for our youth are being robbed of hope and their great resources of energy, creativity and vision are being squandered."

-- Address to participants of Centesimus Annus pro-Pontefice Foundation, May 13, 2016

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