Pope blames crisis on unregulated financial capitalism

December 14, 2012. (Romereports.com) Benedict XVI blamed unregulated financial capitalism for the increasing wealth disparity between rich and poor, and called for a new economic model. In his message for the World Day of Peace 2013, the Pope also stated that the economic crisis threatens world peace.

The document cites his 2009 encyclical Caritas in Veritate, in which he called for new development models that call for greater opportunity for all.message was delivered by Cardinal Peter Turkson, the president for the Pontifical Council for Justice and Peace.

CARD. PETER TURKSON
President, Pontifical Council for Justice and Peace
“The other thing about work or job is a very common sense these days that people who are into the psychology of achievement will regularly tell you that one cannot be happy when he doesn't know where his next paycheck is coming from.”

Benedict XVI also addressed world hunger and the rise of food prices. He recalled the importance of protecting marriage and family, to respect life and to defend freedom of religion.

CARD. PETER TURKSON
President, Pontifical Council for Justice and Peace
 “We recognize that the basic fulfillment of our life is a community relationship with God, and when that is not possible there is a very uncertain condition in which we place the human person.”

The message also asks to learn to forgive, not seek revenge, to recognize one's faults, and to not demand apologies from others.