The Pope Jawbones the Power Elite

Pope Francis said in the first peace message of his pontificate that huge salaries and bonuses are symptoms of an economy based on greed and inequality and called again for nations to narrow the wealth gap.

In his message for the Roman Catholic Church’s World Day of Peace, marked around the world on January 1, he also called for sharing of wealth and for nations to shrink the gap between rich and poor, more of whom are getting only “crumbs”.

“The grave financial and economic crises of the present time … have pushed man to seek satisfaction, happiness and security in consumption and earnings out of all proportion to the principles of a sound economy,” he said.

“The succession of economic crises should lead to a timely rethinking of our models of economic development and to a change in lifestyles,” he said.

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Last month, in a document seen as a manifesto of his papacy, he attacked unfettered capitalism as “a new tyranny“.

Since his election in March as the first non-European pope in 1,300 years, the Argentinian has several times condemned the “idolatry of money” and said it was a depressing sign of the times that a homeless person dying of exposure on the street was no longer news but a slight fall in the stock market is.

You Go, Pope!

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