Monday, December 12, 2011

Pope Benedict XVI Speaks of Economic Justice, Solidarity and Cooperatives

In a world that has been battered by the global economic downturn Pope Benedict on Saturday stressed the duty the Church has at this time to proclaim with renewed vigor the message of Christ which is hope. The Holy Father was speaking to members of the Confederation of Italian Cooperatives and the Federation of Italian Co-operative Banks in the Clementine Hall in the Vatican.

The Pope recalled how the Church down through the years has encouraged the prolific presence of Catholics in Italian society through the promotion of cooperative institutions, the development of social enterprises and many other works of public interest, characterized by forms of participation and self-management. 

What has prompted members to join in a co-operative-type organizations, said Pope Benedict was not only for economic reasons, but also the desire to live an experience of unity and solidarity.
The Pope also noted the fact that these institutions had a valuable role to play in promoting evangelical ideals and the culture of life and family.

Taking inspiration from his encyclical Caritas in Veritate, the Holy Father said that even in the field of economics and finance "right intention, transparency and the search for positive results were mutually compatible and must never be separated.” 

Drawing his address to a close the Holy Father urged those present to remain faithful to the Gospel and the teaching of the Church which encourages “social development, experiences of microcredit and an economy driven by a logic of communion and fraternity.”

Even in the world economy, said Pope Benedict, it is necessary to draw on our relationship with God, in order to live in love and solidarity. 

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