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Pope hits out at financial speculators
May 28, 2017
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GENOA: Pope Francis earned a rapturous reception on a visit to a struggling steel factory in northern Italy on Saturday as he denounced financial speculators and demanded dignity for working people.

“Without work for all there will not be dignity for all,” the pontiff told several thousand uniformed and hard-hatted workers at the Ilva plant in the northwestern city of Genoa.

“The progressive transformation of the entrepreneur into a speculator is an economic illness,” he said.

“The speculator is the same as a mercenary who has no company and sees workers only as a means to make profits.”

The assembled gathering responded with applause and cries of “Francesco, Francesco” as the Argentinian pope blasted the “faceless” nature of parts of today’s economy.

Taking questions from several of those gathered, including a CEO and an unemployed woman, Francis praised the honour and dignity of “the good worker” and the good boss who would share out the fruits of their respective labours.

He contrasted that with “speculators” who chase maximum profits at the expense of workers left on the scrapheap, while adding that there were “few greater joys than those experienced by working.”

For Francis, who called high joblessness among youth as “mortgaging the future” of a generation, “without work one can survive − but to live you need work.”

At the same time, he criticised some sectors including the pornography and gambling industries.

Agence France-Presse
 

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