Pope Francis denounced the global financial system today (May 16, 2013), blasting the "cult of money" that he says is tyrannizing the poor and turning humans into expendable consumer goods, according to the Associated Press website.
In his first major speech on the subject as pope, Francis demanded that financial and political leaders reform the global financial system to make it more ethical and concerned for the common good. He said: "Money has to serve, not rule!"
This is a message Francis delivered on many occasions when he was archbishop of Buenos Aires in Argentina, and it is one that was often stressed by retired Pope Benedict XVI.
Francis -- who has made it clear that the poor are his priority -- delivered the speech in Vatican City, where he greeted his first group of new ambassadors accredited to the Holy See.
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