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Living Through Economic Crisis: The Church’s Witness in Troubled Times (2010)

In a time of continuing, deep economic recession, our faith gives us strength to face unemployment, poverty, and anxiety – not simply as individuals, but as a community with an ethical memory rooted in the Gospel. Understanding the economy as a servant of creation’s flourishing enables us to question the necessity of widening inequality and continued poverty, to look at the moral consequences of these trends on society and the church, and to propose greater democratic accountability for financial institutions that are called to serve the common good and depend ultimately on public funds and confidence. Informed by the historical balancing process between the public good and private enterprise, this resolution proposes measures to advance the values of cooperation, social protection, and equal opportunity while restraining those of greed, speculation, and inherited privilege.