Originally published at National Catholic Register
The participants gathered to discuss the multifaceted and interconnected impacts of war, technology, health crises, and the environment on politics and the global economy.
The Pontifical Academy for Life discussed the global financial system in light of the social doctrine of the Catholic Church and crises that have impacted the world at a meeting titled “Common Good: Theory and Practice” on Thursday evening in Vatican City.
The event, opened by Archbishop Vincenzo Paglia, president of the Pontifical Academy for Life, welcomed and introduced guest panelists Prime Minister of Barbados Mia Mottley and Mariana Mazzucato, professor of economics of innovation and public value at University College London.
The participants gathered to discuss the multifaceted and interconnected impacts of war, technology, health crises, and the environment on politics and the global economy.
During the two-hour exchange both women spoke of the value of Catholic social teaching — including solidarity; call to family, community, and participation; and the preferential option for the poor and vulnerable — in providing “clear objectives” for the creation of policies ultimately aimed at serving and protecting people.
Highlighting the difference between the classic economic theory on “public goods” and the Catholic concept of the common good, Mazzucato
