Sunday, February 19, 2012

Pope Benedict XVI on redistributing wealth

Much has been made about Pope Benedict's alleged call for wealth redistribution in the world. However, he clearly does not advocate such a policy. Here is a quote from the Holy Father:

"The illusion that a policy of mere redistribution of existing wealth can definitively resolve the problem must be set aside. In a modern economy, the value of assets is utterly dependent on the capacity to generate revenue in the present and the future. Wealth creation therefore becomes an inescapable duty, which must be kept in mind if the fight against material poverty is to be effective in the long term," Pope Benedict XVI said in his Jan. 1, 2009, message for the World Day of Peace.

1 comment:

  1. Everyone has the potential to do something better for the country. We should make efforts for a better Pakistan
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