This document was released one day before the G8, Group of Eight industrialized nations, meet to discuss a plan on how to deal with this global crisis, a warning to leaders to devise a plan that will work otherwise to expect more of this downturn in the economy to occur.
"Profit is useful if it serves as a means toward an end," he wrote. "Once profit becomes the exclusive goal, if it is produced by improper means and without the common good as its ultimate end, it risks destroying wealth and creating poverty."
The mentality of our economy towards greed has brought on this economic disaster and there has been nothing like it since the Great Depression.
The release seemed just since world leaders need to devise a plan with ethics, people centered ethics, in order for the economy to flourish which is very possibly.
He spoke of the wealthier countries urging them to help development aid to poor countries, such as
He also stressed that nations re-evaluate immediately their energy consumptions both for the improvement of the environment but also to allow for the poor to have access to energy resources. Learning to use our natural resources efficiently not abusively seems to be our biggest challenge.
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