(November 15, 2008) For a problem that is not exclusively financial, there needs
to be a solution that is not exclusively financial, said a Vatican representative.
Bishop Giampaolo Crepaldi, secretary of the Pontifical Council for Justice and Peace,
said this on Vatican Radio when he discussed the ongoing worldwide economic crisis.
"The crisis that the world is currently living is not just financial, and therefore
the solution cannot be purely financial," he said. Instead, the economic crisis "verifies
what the Church's social doctrine has said for a long time: When an economic-financial
system goes into crisis, it is never due to economic of financial motives, but because
in its origin, there has been a wound in the global moral system." In this sense,
the prelate indicated that at the origin, there is a "crisis of trust." "Everyone
is speaking of it, of again establishing mutual trust so as to resolve the crisis,"
he said. But trust "is not an economic or financial element, but rather an ethical
attitude. "When the market erodes this ethical attitude, all of us know that it is
no longer in a state of being reconstructed by itself." The Vatican official contended
that three elements are key for bettering the situation: "the market, on one side,
the state on the other and also civil society.” According to the social doctrine
of the Church, Bishop Crepaldi continued, "it is necessary to look with more wisdom
at the market and the role that it can have." "We would not have gotten to where we
are now if we would have treated the market as a means and not an end," he affirmed.
Finally, the prelate made a call to the G-20 nations who will meet Saturday, urging
them to work in accord with the resolutions from the Doha conference and expressed
his hope that the G-20 nations will "confirm to help the poor countries and take this
on with a greater sense of responsibility."