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The Vatican has launched a stringent critique of abuses in global economies, abuses that are driving astonishing inequality and threatening ecological sustainability. 'Oeconomicae et pecuniariae questiones' reiterates the call for an urgent dialogue between politics and economics to advance human life and wellbeing.
'Many Catholics wonder how we can maintain our Christian faith at this time in the wake of the sexual abuse crisis and the many judgmental utterances about sexuality and reproduction. The Church that has spoken longest and loudest about sex in all its modalities seems to be one of the social institutions most needing to get its own house in order.' Frank Brennan's address to the Yarra Institute for Religion and Social Policy, 8 November 2013.
Tony Abbott warned that Australia could go the way of Greece with excessive debt. Such claims reflect a climate of exaggerated concern about debt. Instead Australia could be taking advantage of historically low interest rates and embarking on major infrastructure projects, increasing employment and laying the basis for sustained growth in productivity.
One of Australia's most eminent theologians, Redemptorist Anthony Kelly, believes that what currently feels like a global breakdown of beliefs and culture may actually be the beginnings of a breakthrough to new forms of belief.
The election has been plagued by trivial spats and personality conflicts, to the neglect of policies based on the values of equity and social justice for everyone. This reinforces the importance of church and community groups being more active in their social advocacy.
The Pope's encyclical on social teaching is not a strident critique of capitalism, but it does confront abuses in the global economy. Benedict is critical of the free market ideology which extolled wealth creation but ignored the need for equity and social justice.