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Economicinquality

May 30, 2012

"Economic Crisis as an Opportunity for Change," with Cardinal Reinhard Marx

Experts are still debating whether the worst of the global financial and economic crisis is over; the combination of modest growth and continued high unemployment and political tension presents a mixed picture. Despite this uncertainty, there is broad agreement that the national and international institutions that enabled the crisis in the first place are in need of reform.
Speaking at the Berkley Center, Cardinal Reinhard Marx of Munich, an expert on Catholic Social Teaching, examined its relevance to the current international predicament and discussed economic crisis as an opportunity for far-reaching change. Only an economic system centered on the human person, he argued, can generate societies that are both prosperous and just in the long run.

IN THE NEWS
German cardinal calls for 'social market economy' in wake of crisis by Mark Pattison, Catholic News Service (May 31, 2012)

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Reinhard Marx

Reinhard Marx

Cardinal Reinhard Marx is Archbishop of Munich and Freising and Member of the Papal Council on Justice and Peace. He currently serves as the head of the Committee for Social Issues at the German Bishops' Conference and as President of the Commission of the Bishops’ Conferences in the European Union. Cardinal Marx has written and spoken widely on economic questions and the contemporary relevance of Catholic Social Teaching; he is the author of Das Kapital: A Plea for Man (2008). Born in West Germany in 1953, Cardinal Marx became a priest in 1979 and a bishop in 1996. He was named Bishop of Trier in 2001, and in 2007, Pope Benedict XVI elevated him to the post of Archbishop of Munich and Friesing, a position Benedict himself once held. In 2010 Pope Benedict XVI named him to the Congregation for Catholic Education for a five year renewable term.