Thursday, May 16, 2013

Will Pope Francis' Call for Fiscal Reform Begin at Home?

Pope Francis has made a bold move in calling for reform of the global financial system. Words like "Money has to serve, not to rule" make for powerful rhetoric; but it is hard to believe that this rhetoric will convince in our secular age. More interesting, however, is that the Institute for Works of Religion, which manages the Vatican's bank, will be releasing its annual report for review by the general public. According to today's BBC News report, this is the first time the Vatican has opened its books for public examination. This will allow for public debate over just how much Vatican wealth can realistically be divested in the service of one of the Pope's first public assertions:
I would like a Church that is poor and is for the poor.

No comments: