Benedict XVI proposed a new economic system based on ethics that keeps human beings in mind.
Economist, University of Bologna (Italia)
"The encyclical sees Capitalism in its historic dimension and suggestsgoing beyond it. It highlights the intrinsic limits of Capitalism,whose goal is to obtain the greatest possible benefit, and suggeststhat all society have this goal too.
Card. Renato Martino
President, Pontifical Council for Justice and Peace
The whole encyclical talks about ethics. Not only ethics in financesbut in all actions by those responsible, because the world cannot begoverned without moral principles.
The pope warned about the dangers of mere sentimental solidarity thathinders the progress of underdeveloped societies and said thatsocieties cannot move forward if there is no respect for life.
Three days after its release, the pope received President Barack Obamaand his wife in the Vatican, who was in Italy for the G8 summit.
"It’s a great honor. Thank you so much.”
During the meeting, Obama said he would work to reduce the number ofabortions in the U.S. They also talked about peace in the Middle Eastand aid to Africa and Latin America.
On July 13, the pope left for Les Combes in northern Italy on a twoweek vacation. Shortly after arriving he fell and broke his wrist andunderwent surgery to treat the fracture. After it was all over hedidn’t lose his sense of humor.
“Unfortunately, my guardian angel didn’t stop my fall, and surely didso following orders from above. Perhaps the Lord wanted to teach me tobe more patient and humble, and give me more time for prayer andmeditation. It was not a coincidence."
The accident didn’t stop him from working on his next book. At the endof the month he left for Caste Gandolfo to continue his work, far fromthe heat of Rome.