- Written by Antonella Ferrucci
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By Lawrence Chong
published in Linkedin.com on 18/02/2017
At a time of failing governments, unraveling of the global order, rising populism and a technological wave that might replace half of the global workforce in the coming decade, further shrinking an anxious middle-class, the current design of the global economic system is in an existential crisis.
Through a thought-provoking talk about the economy on 4th of February, Pope Francis invited us to rethink about the purpose of money; to reconsider what is the purpose of helping economic victims when we should prevent more victims in the first place and how our relationships with each other should be a gift.
Rethinking the role of money, the role of technology and human dignity lie at the heart of why capitalism, as of now is failing humanity. These issues should have been seriously debated in Davos. If nothing changes in the coming years, we might be seeding a global economic apocalypse that might just send us back to the dark ages.