Monthly Archive for December, 2013

A new Christian paradigm for our economy

Watch a short TED talk on a Christian paradigm for our economy, given in London on November 16, 2013.

Pope Francis slams our economic system

I am not a Roman Catholic but I just love Pope Francis! His humility, humour and insights are so refreshing!  This past week, I had the privilege of being asked to address a number of Members of the European Parliament in Brussels, who were asking for input on a new paradigm for our economy. I spoke on the economics of the Kingdom as our new paradigm.

In a  speech this past week, Pope Francis called for a global economic system that puts people and not “an idol called money”.  Jesus introduced a power behind money – a fallen power and he told us it’s name …’mammon.’  This is a destructive power seeking to destroy relationships – between people, and also between people and God. “No one can serve two masters. Either you will hate the one and love the other, or you will be devoted to the one and despise the other. You cannot serve both God and mammon.”  (Matthew 6:24).

Mammon must be overcome by choosing well-being of people above money, by banning the purpose of profit maximisation from our businesses and by encouraging generosity which breaks mammon’s power.

Here is an extract of the section of his  first big, written text of his papacy. The full text of his powerful denouncement of our current financial system, the obsession with consumption, inequality, and the tyranny of capitalism can be found here.

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