Pope Francis claims global economy is close to collapse and describes youth unemployment rates as an ‘atrocity’ in damning message
Roman Catholic leader warned that the economy ‘cannot take it anymore’
He blasted the ‘idolatrous’ economy for discarding a ‘whole generation’
The 77-year-old also criticised profits made from making and selling arms
By Steph Cockroft
14 June 2014
Pope Francis has launched a scathing attack on the global economic system, warning it is near collapse because of a ‘throwaway culture’ of greed and the ‘atrocity’ of youth unemployment.
The Roman Catholic leader openly blasted the ‘idolatrous’ economy for disregarding the young, which he says has led to shocking levels of youth unemployment and will lead to a lost generation.
The 77-year-old also criticised the economy – which he said had ‘fallen into a sin of idolatry, the idolatry of money’ – for surviving on the profits of war.
The Pope’s damning message came amid comments he made about the break-up of countries such as Scotland and Catalonia, which came as a huge blow to the Scottish Yes campaign.
In an interview with Spanish newspaper La Vanguardia, he said: ‘Our world cannot take it anymore. Our global economic system can’t take any more.
‘We discard a whole generation to maintain an economic system that no longer endures – a system that to survive has to make war, as the big empires have always done.
‘The economy is moved by the ambition of having more and, paradoxically, it feeds a throwaway culture.’