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The Pontifical Academy of Social Sciences has published the Vatican’s first document setting out the criteria for faith-based measures in the world of finance.
Among them are some classic issues condemned by Catholic Social Teaching , such as the promotion of abortion, weapons — nuclear or not —, as well as capital punishment, contraception and pornography. But others are less common, such as “genetic engineering” , “dehumanising computer games and toys”, or the “rights violations of Indigenous Peoples. Animal abuse/experimentation” are also part of the “exclusionary criteria“ published by the Vatican.
“The Pontifical Academy of Social Sciences also pushes for the need to integrate the principles of CST into the entire process of a company’s investments in increasingly complex contexts. Markets are forever frenetic and so can be all-consuming of attention,” one reads in Mensuram Bonam. The Dicastery for Promoting Integral Human Development had hoped to publish it this past January, but that plan was scrapped at the last moment with the unexpected departure of its prefect, Cardinal Peter Turkson. The 74-year-old Ghanaian, who was named chancellor of both the Pontifical Academy of Sciences and the Pontifical Academy of Social Sciences, took the text with him and published it “under the aegis” of the latter.
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