Upcoming Events

International | Anti-Capitalism

no events match your query!

Blog Feeds

Cedar Lounge
"A flaky website that purports to be ?leftist,? The Cedar Lounge Revolution, occasionally makes a relevant point or two."

offsite link (New) Dáil Report! 17:20 Thu Feb 20, 2020 | WorldbyStorm

offsite link History Now (NVTV): a talk Dr Brian Hanley gave at QUB 11:11 Thu Feb 20, 2020 | guestposter

offsite link Pensions? 09:34 Thu Feb 20, 2020 | WorldbyStorm

offsite link This was meant to be the day? 08:11 Thu Feb 20, 2020 | WorldbyStorm

offsite link I4C Dáil group? and other matters. 07:36 Thu Feb 20, 2020 | WorldbyStorm

Cedar Lounge >>

Dublin Opinion
Life should be full of strangeness, like a rich painting

offsite link Some Thoughts on the Brexit Joint Report 11:50 Sat Dec 09, 2017

offsite link IRISH COMMONWEALTH: TRADE UNIONS AND CIVIL SOCIETY IN THE 21ST CENTURY 14:06 Sat Nov 18, 2017

offsite link Notes for a Book on Money and the Irish State - The Marshall Aid Program 15:10 Sat Apr 02, 2016

offsite link The Financial Crisis:What Have We Learnt? 19:58 Sat Aug 29, 2015

offsite link Money in 35,000 Words or Less 21:34 Sat Aug 22, 2015

Dublin Opinion >>

NAMA Wine Lake

offsite link Test ? 12 November 2018 Mon Nov 12, 2018 14:28 | namawinelake

offsite link Farewell from NWL Sun May 19, 2013 14:00 | namawinelake

offsite link Happy 70th Birthday, Michael Sun May 19, 2013 14:00 | namawinelake

offsite link Of the Week? Sat May 18, 2013 00:02 | namawinelake

offsite link Noonan denies IBRC legal fees loan approval to Paddy McKillen was in breach of E... Fri May 17, 2013 14:23 | namawinelake

NAMA Wine Lake >>

Pope Francis and World Leaders Call for Inclusive Economy

category international | anti-capitalism | press release author Wednesday February 05, 2020 19:46author by Kate Zeller - Jubilee USA Network Report this post to the editors

Pope Francis addressed a small group of Finance Ministers, the head of the IMF and noted economists urging the creation of new global debt and tax policies that can reduce inequality and end poverty.

Vatican - Pope Francis addressed a small group of Finance Ministers, the head of the IMF and noted economists urging the creation of new global debt and tax policies that can reduce inequality and end poverty.

"Pope Francis asserts that to live in a world with so much wealth, when there is so much poverty, is sinful," stated Eric LeCompte who leads the religious development group Jubilee USA. LeCompte serves on United Nations finance expert groups. "Inequality and extreme poverty are the results of current debt and tax policies that concentrate wealth in too few hands."

The high-level seminar, New Forms of Solidarity Towards fraternal Inclusion, Integration and Innovation Seminar, was organized by the Papal Academy of Social Sciences and held in the historic Casina Pio IV.

During the event, Kristalina Georgieva who heads the IMF, encouraged curbing tax avoidance and evasion. Nobel Laureate, Joseph Stiglitz and Argentine Minister of Economy, Martin Guzman related the deep need for a global bankruptcy process to prevent financial and debt crises.

"It was encouraging to see growing calls for new mechanisms that can reduce debt, austerity policies and inequality," noted LeCompte who advises Catholic Church officials on poverty, debt and tax policies. "If we had a bankruptcy process in place, we might have avoided the 2008 financial crisis and countries like Argentina probably wouldn't be dealing with a debt crisis."

Related Link: http://www.jubileeusa.org
© 2001-2020 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy