National
Pope says global economy discards young
Publish Date: Jun 14, 2014
Pope says global economy discards young
Pope Francis
  • mail
  • img
newvision

BARCELONA - Pope Francis launched a sweeping attack on the world's economic system in an interview released Friday, saying it discards the young, puts money ahead of people and survives on the profits of war.

The 77-year-old leader of the world's 1.2 billion Roman Catholics said some countries had a youth unemployment rate of more than 50 percent, with many millions in Europe seeking work in vain.

"It's madness," the pope said in an interview with the Barcelona-based Vanguardia daily's Vatican correspondent Henrique Cymerman.

"We discard a whole generation to maintain an economic system that no longer endures, a system that to survive has to make war, as the big empires have always done," Francis said.

"But since we cannot wage the Third World War, we make regional wars. And what does that mean? That we make and sell arms. And with that the balance sheets of the idolatrous economies -- the big world economies that sacrifice man at the feet of the idol of money -- are obviously cleaned up."

The pope said there was enough food to feed all the world's hungry.

"When you see photographs of malnourished children you put your head in your hands, you cannot understand it," Francis said.

"I think we are in a global economic system that is not good," he said.

People's needs should be at the heart of the economic system, the pope said.

"But we have placed money in the centre, the god of money. We have fallen into the sin of idolatry, the idolatry of money. The economy moves by the desire to have more and paradoxically it feeds a disposable culture."

The pontiff said the young were discarded when "the birth rate is limited" and the old were discarded when they no longer were considered productive.

"By discarding children and the old, we discard the future of a people because the young will pull us strongly forward and the old will give us wisdom," he said.

RELATED ARTICLES

Economy to hit sh70 trillion by 2015, says Museveni

BOU says economy to weather emerging market capital flight

Uganda's economy to grow at 6.5 pct in 2014 - World Bank

Ugandan economy seen picking up steam, says IMF

 

The statements, comments, or opinions expressed through the use of New Vision Online are those of their respective authors, who are solely responsible for them, and do not necessarily represent the views held by the staff and management of New Vision Online.

New Vision Online reserves the right to moderate, publish or delete a post without warning or consultation with the author.Find out why we moderate comments. For any questions please contact digital@newvision.co.ug

  • mail
  • img
blog comments powered by Disqus
Also In This Section
Kabamba
The hearing of a court case in which 14 people are accused of attacking an army encampment flops after their lawyer fails to show up....
Kitgum bishop goes to court over forced retirement
The bishop of Anglican diocese of Kitgum warns that his retirement would contravene both canon and labour laws....
Meteorology department installs lightning warning system
The Uganda National Meteorological Authority (UNMA) yesterday installed a total lightning sensor — a weather machine that will be able to detect lightning and send warning signals before disaster strikes....
IGG clashes with Disaster minister
The state minister for relief and disaster preparedness, Musa Ecweru, has clashed with the Inspectorate of Government (IGG) over allegations that IGG staff are the influencers of corruption....
ERA boss grilled at electricity tribunal
The chief executive officer of the Electricity Regulatory Authority (ERA) Benon Mugisha Mutambi has been grilled by the lawyer representing electricity distributor, Umeme Limited, over modifications made to its supply of electricity license....
MPs pin police over diversion of funds
The Police on Tuesday came under scrutiny for diverting sh563m, to non-authorised expenditures without approval from the finance ministry....
What is causing the rise in Early child marriages?
Decaying social structures
Poor Education
None of the above
follow us
subscribe to our news letter