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

Wednesday, May 30, 2012
12:00 p.m. - 1:30 p.m. EDT
Location: Berkley Center Third Floor Conference Room Map

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.

related | Catholic News Service: "German cardinal calls for 'social market economy' in wake of crisis"

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

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About Reinhard Marx

Cardinal Reinhard Marx is archbishop of Munich and Freising and coordinator of the Vatican's Council on the Economy. He also serves as the head of the German Bishops' Conference and 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). At the 2014 Synod of Bishops, Marx suggested that Church doctrine on family issues was not fully formed. He became a priest in 1979 and a bishop in 1996. Named bishop of Trier in 2001, in 2007 Pope Benedict XVI elevated him to archbishop of Munich and Friesing, a position Benedict himself once held. Marx has also served as a member of the Pontifical Council on Justice and Peace and the Congregation for Catholic Education. Marx was appointed to the Council of Cardinals in 2013.

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