Tuesday, November 18, 2014

Pope Francis: "Unbridled consumerism" will have destructive consequences for the planet.....

 Luke Brinker
Thursday, Nov 13, 2014 09:08 AM EST
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In letter to host of upcoming G-20 summit, the pope decries free market fundamentalism

Free market fundamentalism poses a grave threat to both economic security and the health of the planet, Pope Francis warns in a letter to Australian Prime Minister Tony Abbott, the host of this weekend's Group of 20 leaders' summit in Brisbane.
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The letter touches on such issues as fair taxation, hunger, unemployment, financial regulation, climate change, terrorism and poverty. Francis, leader of the globe's 1.2 billion Roman Catholics, urges leaders to remember that "many lives are at stake behind these political and technical discussions" in Brisbane. "[I]t would indeed be regrettable if such discussions were to remain purely on the level of declarations of principle," the pope adds.
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Francis outlines a turbulent state of global affairs, warning that economic insecurity and social exclusion risk violence and decrying the destructive consequences of "unbridled consumerism."

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