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January 2, 2013

Pope Blasts "Unregulated Financial Capitalism" 
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Pope Benedict spoke to thousands of followers in the Vatican Tuesday on
a day recognized by the Catholic Church as the World Day of Peace. Among
other topics the Pope addressed the issue of economic inequality.

Pope Benedict: "Although the world is unfortunately still marked as
hotbed of tension and conflict caused by growing inequalities between
rich and poor, from the dominance of a selfish and individualistic
mentality also expressed by an unregulated financial capitalism, as well
as various forms of terrorism and crime, I am convinced that the many
works of peace, which are abundant in the world, testify to the deep
sense of humanity for peace."

 

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