Vatican City

Pope calls for financial reform, says money is new idol

Pontiff tells ambassadors to push for solidarity for poor

Pope calls for financial reform, says money is new idol

Vatican City, May 16 - Pope Francis on Thursday blasted the way in which money had become an "idol" in the modern world and called for reforms to make the world of finance and economics more ethical and focused on the needs of poor. "We have created new idols," the Argentine pontiff told a group of ambassadors at the Vatican. "The worship of the golden calf of old has found a new and heartless image in the cult of money and the dictatorship of an economy which is faceless and lacking any truly humane goal... "There is a need for financial reform along ethical lines that would produce in its turn an economic reform to benefit everyone. "This would nevertheless require a courageous change of attitude on the part of political leaders. "I urge them to face this challenge with determination and farsightedness, taking account, naturally, of their particular situations. "Money has to serve, not to rule. The Pope loves everyone, rich and poor alike, but the Pope has the duty, in Christ's name, to remind the rich to help the poor, to respect them, to promote them. "The Pope appeals for disinterested solidarity and for a return to person-centred ethics in the world of finance and economics".

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