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Japan’s rare Catholic PM Taro Aso meets Pope Benedict

aso-popeJapanese Prime Minister Taro Aso, a member of Japan’s tiny Roman Catholic minority, had a chance toenjoy some time away from political trouble at home when he met with Pope Benedict on Tuesday.

As his first stop during a trip to attend July 8-10 summit of G8 leaders in Italy, Aso went to the Vatican, gave the pope a Sony digital video camera and discussed the global economic crisis with him. (Photo: Prime Minister Aso presents video camera to Pope Benedict, 7 July 2009/Danilo Schiavella)

His visit was timely in that respect — Benedict published an encyclical on economic and social issues today, calling for a bold reform of the world economic order to overcome the financial crisis and redirect the focus of business to the welfare of all people.

aso-pope-officeAso, the first Japanese prime minister to meet a pope in 10 years, told Benedict that Japan wanted to cooperate with the Vatican, according to his aides. According to the Vatican daily L’Osservatore Romano, the two men had a cordial discussion that “touched on current international issues such as the economic crisis and the commitment of Japan and the Holy See to Africa. On the bilateral level, the good relations between Japan and the Holy See were noted.” (Photo: Aso and Benedict in the papal private library, 7 July 2009/Osservatore Romano)

For the unpopular prime minister, who looks set to lose a general election due by October, meeting Pope Benedict was probably a personal highlight of his trip, even though voters would not care much.

Pope urges bold world economic reform before G8 summit

popePope Benedict issued an ambitious call to reform the way the world works on Tuesday shortly before its most powerful leaders meet at the G8 summit in Italy. His latest encyclical, entitled “Charity in Truth,” presents a long list of steps he thinks are needed to overcome the financial crisis and shift economic activity from the profit motive to a goal of solidarity of all people.

Following are some of his proposals. The italics are from the original text. Do you think they are realistic food for thought or idealistic notions with no hope of being put into practice?

    “There is urgent need of a true world political authority. .. to manage the global economy; to revive economies hit by the crisis; to avoid any deterioration of the present crisis and the greater imbalances that would result; to bring about integral and timely disarmament, food security and peace; to guarantee the protection of the environment and to regulate migration… such an authority would need to be universally recognized and to be vested with the effective power to ensure security for all, regard for justice, and respect for rights.” The economy needs ethics in order to function correctly – not any ethics whatsoever, but an ethics which is people-centred…” “Financiers must rediscover the genuinely ethical foundation of their activity, so as not to abuse the sophisticated instruments which can serve to betray the interests of savers. Right intention, transparency, and the search for positive results are mutually compatible and must never be detached from one another.” “Without doubt, one of the greatest risks for businesses is that they are almost exclusively answerable to their investors, thereby limiting their social value… there is nevertheless a growing conviction that business management cannot concern itself only with the interests of the proprietors, but must also assume responsibility for all the other stakeholders who contribute to the life of the business: the workers, the clients, the suppliers of various elements of production, the community of reference… What should be avoided is a speculative use of financial resources that yields to the temptation of seeking only short-term profit, without regard for the long-term sustainability of the enterprise, its benefit to the real economy and attention to the advancement, in suitable and appropriate ways, of further economic initiatives in countries in need of development.” “One possible approach to development aid would be to apply effectively what is known as fiscal subsidiarity, allowing citizens to decide how to allocate a portion of the taxes they pay to the State.”
(Photo: Pope Bendict, 1 July 2009/Tony Gentile)

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