Pope Francis – Address to the Annual Meeting of the World Economic Forum

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To Professor Klaus Schwab Executive Chairman of the World Economic Forum

I am very grateful for your kind invitation to address the annual meeting of the World Economic Forum, which, as is customary, will be held at Davos-Klosters at the end of this month. Trusting that the meeting will provide an occasion for deeper reflection on the causes of the economic crisis affecting the world these past few years, I would like to offer some considerations in the hope that they might enrich the discussions of the Forum and make a useful contribution to its important work.

Ours is a time of notable changes and significant progress in different areas which have important consequences for the life of humanity. In fact, “we must praise the steps being taken to improve people’s welfare in areas such as health care, education and communications” (Evangelii Gaudium, 52), in addition to many other areas of human activity, and we must recognize the fundamental role that modern business activity has had in bringing about these changes, by stimulating and developing the immense resources of human intelligence. Nonetheless, the successes which have been achieved, even if they have reduced poverty for a great number of people, often have led to a widespread social exclusion. Indeed, the majority of the men and women of our time still continue to experience daily insecurity, often with dramatic consequences. Continue reading “Pope Francis – Address to the Annual Meeting of the World Economic Forum”