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Pope says no to profit at any cost

Wednesday, May 22, 2013 - 00:59

May 22 - Pope Francis is again making headlines around the globe for his economic views. As Ciara Sutton reports he criticised ''savage capitalism'' during a visit to a food kitchen.

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He's already known for taking the bus and favouring a simple living style. Now Pope Francis has taken a swipe at capitalism. During a visit to a food kitchen near the walls of the Vatican he called for the values of "generosity" and "charity" to be revived. (SOUNDBITE) (Italian) POPE FRANCIS SAYING: "A savage capitalism has taught the logic of profit at any cost, of giving in order to get, of exploitation without thinking of people and we see the results in the crisis we are experiencing" His comments, come just two months after becoming Pope, and will no doubt be considered with interest by the world's 1.2 billion Catholics. Italians in particular are struggling with tough austerity measures as the country tries to revive its economy. And it's not the first time the Argentine-born Pope has indirectly dabbled in politics. Last week he called for financial reform, condemning a "dictatorship of the economy" and a "cult of money."

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Pope says no to profit at any cost

Wednesday, May 22, 2013 - 00:59