(Vatican Radio) Instead of rampant business expansion which tramples on the world’s poor, Pope Francis has often criticized conventional economics for fostering unfairness and inequality.In a recent address to The Global Foundation, the Holy Father called for a ‘more fraternal and cooperative globalization'.To find out more about the idea of cooperative globalization, Devin Watkins spoke to Fr. Séamus Finn, OMI, who is Ethical Advisor for the OIP Investment Trust, which provides faith-consistent investing advice for the financial resources of Catholic organizations.Listen to the full interview: "Cooperative globalization," Fr. Finn said, "is maybe a new term that is probably challenging, because globalization seemed to suggest that we had a sense we were all inhabiting the same planet and that we needed to be responsable... and to cooperate on issues like trade, finance, education."But the Pope's term adds the adjective ...
(Vatican Radio) Instead of rampant business expansion which tramples on the world’s poor, Pope Francis has often criticized conventional economics for fostering unfairness and inequality.
In a recent address to The Global Foundation, the Holy Father called for a ‘more fraternal and cooperative globalization'.
To find out more about the idea of cooperative globalization, Devin Watkins spoke to Fr. Séamus Finn, OMI, who is Ethical Advisor for the OIP Investment Trust, which provides faith-consistent investing advice for the financial resources of Catholic organizations.
Listen to the full interview:
"Cooperative globalization," Fr. Finn said, "is maybe a new term that is probably challenging, because globalization seemed to suggest that we had a sense we were all inhabiting the same planet and that we needed to be responsable... and to cooperate on issues like trade, finance, education."
But the Pope's term adds the adjective 'cooperative' to globalization, indicating that the two are not synonymous.
Fr. Finn said, "It's a reminder that, as much as [...] countries want to find a solution for their country and their area, they also have to pay attention to the fact that we need a solution that deals with the reality of a globally-integrated financial system and to populations all over the world that are migrating."
He said the term 'cooperative globalization' means "that we need to take a second look, trying to understand the concepts of human dignity and human rights and our responsibility to one another, and to find solutions that are constructive going forward."
President Joe Biden presents the Presidential Medal of Freedom to Jesuit Father Greg Boyle on May 3, 2024. / Screenshot/public domainCNA Staff, May 3, 2024 / 15:30 pm (CNA).The White House on Friday announced that Jesuit Father Greg Boyle, the founder of a prominent ministry dedicated to rehabilitating gang-affiliated youth, will receive the Presidential Medal of Freedom alongside 18 other recipients this afternoon. Boyle, ordained a priest in 1984, founded Homeboy Industries in 1992 while pastor of Dolores Mission, a Catholic church and school in an area that at one time had one of the highest concentrations of gang activity in Los Angeles. Today, Homeboy Industries claims to be the largest gang-intervention program in the United States.The successful ministry, which now operates nationwide, offers training and job skills to those formerly involved in gangs or in jail, as well as case management, tattoo removal, mental health and legal services, and GED completion.Wh...
Father Roger Landry, Catholic chaplain at Columbia University, discusses the protests at Columbia University in New York City on EWTN's "The World Over with Raymond Arroyo" on May 2, 2024. / Credit: EWTN News The World Over / ScreenshotWashington, D.C. Newsroom, May 3, 2024 / 17:05 pm (CNA).Father Roger Landry, a Catholic chaplain at Columbia University, said on Thursday that the protests making national headlines at the New York City school are being organized in part by "explicitly communist" outside forces. "There is an instrumentalization of what's going on in Gaza to advance an agenda," he said. "And that is to deconstruct our present world order at which the United States is considered the top of that order."Speaking on EWTN's "The World Over with Raymond Arroyo," Landry said that he had been walking through the encampment nearly daily, conversing with student protesters and other "outside agitators." While he said he believes that many of the protesters we...
Father Greg Boyle gives an address at "We ? LA: An Urban Retreat for LA's Passionate Leaders" in 2010. / Credit: durfeefoundation, CC BY 3.0, via Wikimedia CommonsCNA Staff, May 3, 2024 / 15:30 pm (CNA).The White House on Friday announced that Jesuit Father Greg Boyle, the founder of a prominent ministry dedicated to rehabilitating gang-affiliated youth, will receive the Presidential Medal of Freedom alongside 18 other recipients this afternoon. Boyle, ordained a priest in 1984, founded Homeboy Industries in 1992 while pastor of Dolores Mission, a Catholic church and school in an area that at one time had one of the highest concentrations of gang activity in Los Angeles. Today, Homeboy Industries claims to be the largest gang-intervention program in the United States.The successful ministry, which now operates nationwide, offers training and job skills to those formerly involved in gangs or in jail, as well as case management, tattoo removal, mental health and le...