Pope pleased by business ethics debate since his encyclical

September 28, 2009

pope-on-planePope Benedict has pronounced himself pleased with the discussion about business ethics sparked by his encyclical “Charity in Truth” published in July. In a short question-and-answer session (here in the original Italian) with journalists en route to the Czech Republic over the weekend, he commented on reactions to the document:

“I’m very pleased by the broad discussion. That was my goal, to promote and motivate a discussion about these problems and not to allow things to go along as they are but to find new models for a responsible economy both in individual countries and for all of humanity.

(Photo: Pope Benedict speaking on the plane, 26 Sept 2009/Max Rossi)

“Today it really seems visible to me that ethics is not something exterior to the economy, a technical issue that  could function on its own, but it’s an interior prinicple of the economy itself which cannot function if it does not take account of the human values of solidarity and reciprocal responsibility. Integrating ethics into the construction of the economy itself is the great challenge of this moment, and I hope to have made a contribution to this challenge with the encyclical.

“The discussion going on strikes me as encouraging. Certainly, we want to continue responding to the challenges of the moment and to help ensure that the sense of responsibility is stronger than the desire for profit and that responsibility for others is stronger than egoism. This is the way we want to contribute to a humane economy in the future.”

Do you think there is more discussion about business ethics, especially since the pope’s encyclical? Has that document contributed to a change in opinion about what is right and wrong in business?


For our latest on business ethics, see our recent feature “Crisis sparks soul-searching at business schools” by Claudia Parons and the blog post U.S. Catholic CEO responds to Benedict’s economic encyclical by Daniel Bases, both reporting from New York.

For more on the pope’s visit to the Czech Republic, where his main message was a call to remember Europe’s Christian roots, see:

Pope says fall of communism proved man needs God

Pope urges Czechs to rediscover Christian roots

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I thought it was going to be easier reveiwing Pope Bebedict’s economic encyclical but find myself reacting to it more than reveiwing it. It was much easier reviewing people like Alan Greenspan and his Age of Turbulence book and John Perkins’s book – Confessions of an economic hit man ( the latter is a must read prior to digesting the Pope’s encyclical. )

At Ray Tapajna Chronicles, since 1998, we forecasted the economic crisis for the past several years. Based on many experts in the field, it was very predictable. Our main sites are at http://tapsearch.com/tapartnews http://tapsearch.com/flatworld http://tapsearch.com/workers-dignity-bet rayed and a list or our sites are at http://linkbun.ch/aztb

We also dedicated a site in exploring the latent response of religion and philosophy holding globalization and free trade as the main cause of our global economic crisis. We search into the meaning of the common good and how it applys in a global economic arena. We look into the ethics issue but its is difficult to develope properly when workers have no voice in the process of globalization and free trade. Elite groupings contol the value of work and have the commanding voice in most matters relating to human dignity in the work place. It seems ethics has to wait its turn for reforms. see http://www.therationale.com

Sir James Goldsmith who wrote The Trap led the way years ago in a populist mode protesting the advances of globalization with its tools being free trade. Manuel Castells wrote several books related to the subject and predicted the Bewildered New World we have today vividly years ago. We have quoted him in many of our articles on several sites for years. As I read the encyclical, I had to wonder why the Pope is so late in responding to the Bewildered New World.

We had an article published on the Federal Trade Comission site in 1998 titled – If this is a good economy, I would hate to see a bad one. We updated it in 2001 and 2009 with only a few changes needed to the list of more than 30 points. see http://linkbun/ch/e8tt for all of these sites.

Now the term Globalization is on automatic with hardly anyone contesting its validity. We do not need any conspiracy theories to know, Globalization was designed and driven by powerful forces outside the will of the people. The term should be Globalism because it is a new ism that was announced by the elder President Bush when he announced a New World Order. He set a program down on paper and President Clinton came and activated the programs as if they were his own. Then President Bush the 2nd came and consummated the programs while he had the publics’s eye watching his shock and awe pre-emptive wars. President Obama follows and still has not challenged the process. He hides it behind the sensitive health care issue.

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