(Reuters) – Pope Francis launched a fresh attack on economic injustice on Saturday, condemning the “throwaway culture” of globalization and calling for new ways of thinking about poverty, welfare, employment and society.
In a speech to the association of Italian cooperative movements, he pointed to the “dizzying rise in unemployment” and the problems that existing welfare systems had in meeting healthcare needs.
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“When money becomes an idol, it commands the choices of man. And thus it ruins man and condemns him. It makes him a slave,” he said.
“Money at the service of life can be managed in the right way by cooperatives, on condition that it is a real cooperative where capital does not have command over men but men over capital,” he said.