Friday, December 13, 2013

Pope Francis Attacks Huge Salaries for the Rich While Poor Survive on 'Crumbs'

THE INDEPENDENT: Pontiff attacks excessive bonuses, greed-based economy

Pope Francis has made yet another controversial statement on corporate greed and income inequality in the first peace message of his pontificate.

The Holy Father criticised the "gap between those who have more" and those who "must content with the crumbs", as he called on world governments to do more to close the gap between the super rich and the poor.

Pope Francis, who was recently named TIME magazine's Person of the Year, attacked excessive salaries and exorbitant bonuses as a symptom of an economy based on greed.

"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," the Pope said in a message for the Roman Catholic Church's World Day of Peace[.]

"The succession of economic crises should lead to a timely rethinking of our models of economic development and to a change in lifestyles," he added[.]

Titled Fraternity, the Foundation and Pathway to Peace, the message attacked injustice, human trafficking and organised crime as obstacles to world peace.

The message will be delivered to world governments, NGOs and intergovernmental organisations. » | Maria Tadeo | Friday, December 13, 2013