From Protest to Praise

It was the stuff of literature, the dramatic juxtaposition of striking contrasts.   I spent the morning at a ministry for children in one of the worst barrios in Bogotá. These children face horrors beyond what most of us would dare to dream exist in the world. All live in unimaginable squalor. They have little or no prospect for education or advancement. Many are the children of drug dealers and addicts. Others are the children…

A Response to “On Financial Reform”

In recent days the Pontifical Council for Justice and Peace released an extended treatment of the world’s current economic state, “On Financial Reform.” An unofficial translation of the text is available on the Vatican’s website. What follows is a brief response to this statement, especially the section entitled “A Global Authority.”   Much good can be said of the statement, especially its insistence on the need for mature ethical reflection on economic issues, sadly lacking…