Pope Francis has launched a scathing attack on the global economic system, warning it is near collapse because of a ‘throwaway culture’ of greed and the ‘atrocity’ of youth unemployment. In an interview with Spanish newspaper La Vanguardia, he said: ‘Our world cannot take it anymore. Our global economic system can’t take any more.
‘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. ‘The economy is moved by the ambition of having more and, paradoxically, it feeds a throwaway culture.’
The Pope said the economy’s flaws had stemmed from humankind’s obsession with money. He said: ‘At the centre of all economic systems must be man, man and woman, and everything else must be in service of this man. ‘But we have put money at the centre, the god of money. We have fallen into a sin of idolatry, the idolatry of money.’ Read more
