Vatican Calls Us to Shape a New Economic System

Vatican Calls Us to Shape a New Economic System
AP Photo/Alessandra Tarantino

The Vatican's recent assessment of the economy reveals a Catholic Church that is alive, engaging and relevant.

It reflects a Catholic Church that sees the suffering tied to our financial system as the church delivers aid to hurricane victims, refugees and homeless people. The document is tied to a church working with other faiths, in Puerto Rico and across the Caribbean calling for transparency, relief and an end to poverty. It illuminates the church that in 1999 helped gather 27 million petitions for the G-8 Cologne Summit, the forum of the world's leading industrial nations, urging the cancellation of debt burdens in Africa and across the developing world.

Not only do we see the continued application of Catholic teaching to understand our economy, the release is a culmination of decades of Holy See efforts to diminish poverty through the United Nations, the World Trade Organization and decision making fora around the world.

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