Pope: Inclusive capitalism leaves no one behind

in World News

Pope Francis with the members of the Council for Inclusive Capitalism on November 11.

VATICAN—Pope Francis last week called for the renewal and purification of existing economic models to be fair, trustworthy and capable of extending opportunities to all, not only a few.

“An inclusive capitalism that leaves no one behind, that discards none of our brothers or sisters, is a noble aspiration,” Pope Francis said in the Vatican’s Apostolic Palace.

“A glance at recent history, in particular the financial crisis of 2008, shows us that a healthy economic system cannot be based on short-term profit at the expense of long-term productive, sustainable and socially responsible development and investment,” he said.

The pope met with members of the Council for Inclusive Capitalism, whose vision he said involves “overcoming an economy of exclusion and reducing the gap separating the majority of people from

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