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Pope: Capitalism Must Consider Impact On Humanity, Environment

May 6, 2019 by sd

From CNA:

Pope Francis. Credit: Bohumil Petrik/CNA.Pope Francis Friday offered a critique of captialism’s impact on the environment, calling for a response that hears “the cry of the Earth and the cry of the poor.”

“The precarious condition of our common home has been the result largely of a fallacious economic model that has been followed for too long,” Pope Francis said May 3.  Francis called this economic model “profit-oriented, shortsighted, and based on the misconception of unlimited economic growth,” and said that it results in a “disastrous impact on the natural world.”

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