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27 August, 2014

The Vatican calls for the creation of an inclusive economy

His Eminence, Cardinal Peter Kodwo Appiah Tukson (Photo: Haiducul on Wikimedia Commons)
His Eminence, Cardinal Peter Kodwo Appiah Tukson (Photo: Haiducul on Wikimedia Commons)
Responding to a request made by members of the Trust and Integrity in the Global Economy (TIGE) organising committee, the Vatican has called for the world community to create an inclusive economy, based on a market economy, animated by a pluralistic entrepreneurship and guided by principles of social justice and generosity.

In a statement to the Trust and Integrity 2014 Forum, His Eminence, Cardinal Peter Kodwo Appiah Tukson, President of the Pontifical Council of Justice and Peace, said that the teaching of Pope Francis is not at odds with the market economy. It is in favour of an economy that is defined by the needs of the common good. 'This requires overcoming the exclusive emphasis on short-term profit and on money, as well as rejecting the autocracy of markets and of unbridled financial speculation,' he stated.

The statement was made in response to a request to the Vatican made by: Cristina Bignardi, Mohan Bhagwandas and Don de Silva, members of the Trust and Integrity in the Global Economy (TIGE) organising committee.

Read the full text in Italian and an English translation:

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