OMG!!! The Pope says that ALL Catholics must support a One World Government!!!
@#$%!!! The Vatican wants just One Bank for the Whole World!!!!
WHAT!?!? Benedict XVI supports the Occupy Wall St protesters!!!
Deep breath. One more time. Now, OK. . .so, if any of your friends, family, co-religionists have expressed any of the above or some version of one of the above, sit them down, give them a beer, let them catch their breath, and ask them a simple question: have you actually read the recently published document on economics and finance that has upset you so?
If they are sufficiently contrite and promise to never do it again, make the following points about the document:
1). The document was NOT written by "The Vatican" or "The Pope." It's a product of the
Pontifical Council for Justice and Peace. Not the Secretary of State. Not the Congregation for the Doctrine of the Faith. Not the Congregation for Bishops.
A pontifical council. In terms of magisterial authority, that's somewhere near a Christmas postcard from your pastor. 'Nuff said.
2). The document says nothing new about economics or economic theory nor does it promote one model of economics over any other. The focus is placed squarely on the current difficulties in the monetary market, arguing that some sort of international control needs to be established over these transactions so that we might avoid another global bank collapse. There is a pointed critique of what the document labels "economic liberalism and utilitarian thinking," that is, unregulated free market capitalism. This is nothing new either. The Church has been suspicious of unfettered capitalism since at least the mid-nineteenth century.
3). The "world authority" proposed in the document is placed within the context of all the usual Catholic caveats about human dignity, morality, respect for cultural and national traditions, the authority of the nation-state, subsidiarity, etc., etc. In other words, Global Governance advocates will dismiss this proposal out of hand. It's too religious/ethical and not nearly powerful enough. Oh, and there won't be enough opportunities for politicians to steal us all blind.
4). Yes, Church-haters and Prog Catholics will cover themselves with this document and proclaim a divine victory for the Occupy Wall St. type non-sense. Nothing we can do about that. Just don't be pulled into the whole Benedict Is Calling For A One World Bank framing of the issue.
Bottomline: a little note from a minor curial department expressing the
opinions of some Italian economist.
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