Pope Francis has received much airplay recently for his reverent and honest, relevant and intelligent reiteration of ordinary Catholic thought using language that people can understand – applying longstanding church teachings to contemporary issues. Speaking to a group of diplomats gathered at the Vatican on May 16, Pope Francis spoke unequivocally on what he terms the “cult of money and the dictatorship of an economy which is faceless and lacking any truly humane goal.” Read more on Pope Francis’ challenge. Here is the full transcript of the speech.
What then could an economic mindset that is not hinged entirely on consumption and disposal look like? What is an alternative ethics of money?