The “cult of money” and ethics reform

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?

Valerie Anderson

Valerie Anderson coordinates Operations at Common Change. She received her MPhil in Development Studies from the University of Cape Town and has spent the last 6 years establishing and maintaining a range of community development projects both in her home country, South Africa, and in low-income urban areas in the United States. She is a writer, problem-solver and strategist and loves to create environments in which others can thrive. Valerie and her husband, Brett Fish, have recently returned to their beautiful home city, Cape Town. You can find more of Val’s writing at

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