Pope to young economists: 'Love will change the economy, not power'

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Pope to young economists: 'Love will change the economy, not power'
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Pope Francis urges young people of the"Economy of Francesco" to transform the economy through love, witness, and hope, rather than power or wealth. Pope at Audience: Against the devil's deception, Jesus protects us Pope Francis on Wednesday welcomed a delegation of “The Economy of Francesco,” a movement of young economists working to shape a new economic paradigm, one rooted in the Gospel, driven by love, and conscious of the wounds of our world.

“St. Francis was the son of a merchant,” the Pope reminded them. “He knew both the strengths and weaknesses of that world.” Yet, through his love for the poor and for creation, St. Francis gave “a new impulse to the development of the economy,” one that Pope Francis called young people to emulate. “It is not the great and the powerful who change the world for the better: love is the first and greatest factor of change,” he said. Quoting the economist Blessed Giuseppe Toniolo, Pope Francis emphasised that salvation would come not from a “diplomat, scholar, or hero, but a saint, or rather, a society of saints.”Pope Francis went on to urge the young people present to live their ideals with coherence, as a form of testimony to others.

However, Pope Francis also highlighted the challenges that young people will likely face. The challenges, he said, are immense. He mentioned long-running and modern wars, the arms industry, and the growing threats to democracy. He also asked young people not to be overwhelmed by these challenges.

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