Pope Francis on the Throwaway Culture and the Path of Generous Solidarity

via the Vatican:

Rising levels of poverty on a global scale bear witness to the prevalence of inequality rather than a harmonious integration of persons and nations. An economic system that is fair, trustworthy and capable of addressing the most profound challenges facing humanity and our planet is urgently needed. I encourage you to persevere along the path of generous solidarity and to work for the return of economics and finance to an ethical approach which favours human beings

A glance at recent history, in particular the financial crisis of 2008, shows us that a healthy economic system cannot be based on short-term profit at the expense of long-term productive, sustainable and socially responsible development and investment….

An economic system detached from ethical concerns does not bring about a more just social order, but leads instead to a “throw away” culture of consumption and waste. On the other hand, when we recognize the moral dimension of economic life, which is one of the many aspects of social doctrine of the Church that must be integrally respected, we are able to act with fraternal charity, desiring, seeking and protecting the good of others and their integral development….

I express to you my heartfelt gratitude for your commitment to the promotion of a more just and humane economy, in line with the core principles of the social doctrine of the Church, always taking into account the whole person, both in the present generation and in the ones to come. An inclusive capitalism that leaves no one behind, that discards none of our brothers or sisters, is a noble aspiration, worthy of your best efforts.