04 February 2017: An audience for the EoC world with Pope Francis

#EocwiththePope, or the extraordinary day of the audience for more than 1,100 170204 Udienza Papa 10 rid catmembers of the EoC from 54 countries with Pope Francis on 4 February 2017 in the Vatican: in addition to the text of the speech the Pope addressed to us, we will be gathering here press reviews, interviews, videos made...

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The EoC and One Entrepreneur’s Story

Clem Fritschi founded RIDIX in 1969. It is a leading business in the mechanical sector in Piedmonte, Italy. Communion was the determining factor of its success, growth and happiness.

published in: Focolare.org on 9/0/2017

Ridix Clem Fritschi ridWhile waiting to meet Pope Francis in Paul VI Hall the anticipation of the 1200 members of the Economy of Communion (EoC) was calmed by several testimonies from entrepreneurs including Clem Fritschi who began like this: “Mine is not the story of a successful man of business, but a love story. After finishing my studies in Switzerland I worked as a warehouseman in London, to learn English. That’s where I met Margherita. We fell in love and, since she’s from Turin, I decided to find work in Italy. Two years later we got married and had two children. All of a sudden the company I was working for decided to close down. Then a few colleagues and I put together our settlements in order to keep the place going.” That’s how Ridix, began, a company that has been offering cutting-edge products on the Italian market in the field of precision engineering since 1969.

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The vulnerable, front and center

How the Economy of Communion project moves beyond simple philanthropic approaches

By John Mundell

published in Living City on 01/03/2017

170204 Udienza Papa 28 ridImitating the Good Samaritan of the Gospel is not enough.” This was the heart of the message given by Pope Francis during our audience February 5 at the Vatican. It resonated among 1,200 entrepreneurs and supporters of the Economy of Communion project, gathered from around the world.

The EoC was started in 1991 by Focolare founder Chiara Lubich during a visit to São Paulo, Brazil, as a project to eradicate poverty. She proposed starting companies willing to put their profits in common for the common good, putting the EoC at the forefront of a social enterprise revolution that would soon follow in different forms.

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Not accumulate, but circulate

Opinion / Columnists - Glimpses

by Jose Ma. Montelibano

published in Inquirer.net on 24/02/2017

Logo Inquirer PHI have written so much about poverty to make people more aware and sensitive to it. While I know that poverty in the Philippines has been a historical legacy, as it has been with almost all countries, I also know that a few have transcended it and, in fact, become world models for social and economic transformation. I refer most especially to Scandanavian countries where poverty is negligible (or non-existent). They make a good motivation for me to push until our own poor can find approximate relief from a poverty they merely inherited.

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Pope Francis Delivered The Hard Talk About The Economy That Davos Didn't

By Lawrence Chong

published in Linkedin.com on 18/02/2017

At a time of failing governments, unraveling of the global order, rising populism 170204 Udienza Papa 26 ridand 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.

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A counter culture: Economy of Communion

Opinion / Columnists - Glimpses

by Jose Ma. Montelibano

published in Inquirer.net on 10/02/2017

Logo Inquirer PHIt is not capitalistic greed that has caused the severe imbalance of wealth in the world with 1% owning as much, or more, than the 99%. More accurately, it is capitalistic greed that has found sophisticated ways of perpetuating the imbalance that has been there since all of recorded history. For those who remember to look at history in order to understand the context of the present times, I am sure that the most cursory memory will recall how emperors, kings or whatever the royalties in different societies were called then did control everything – and they were less than 1% of the populations they ruled, I am sure.

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Video - Impressions after the meeting with Pope Francis

Impressions after the meeting with Pope Francis

1200 business people, young people and specialists in the Economy of Communion met Pope Francis on the 25th anniversary of the start of the project. Here are some impressions from around the world.

Copyright 2017 © CSC Audiovisivi - All rights reserved

Video - The Economy of Communion and Pope Francis

Vatican City, February 4, 2017

1200 business people, young people and specialists in the Economy of Communion met Pope Francis on the 25th anniversary of the start of the project. He encouraged all present to develop “an economy which gives life, because it is based on sharing, includes the needy and uses profits to create communion”.

Copyright 2017 © CSC Audiovisivi – All rights reserved

Pope: reject capitalism if it makes money a god and discards the weak

The rules of the economic and social system should be changed "in favor of an economy of communion’” which "gives life, because it shares, including the poor, uses profits to create communion". Tax evasion "before being illegal acts are acts that deny the basic law of life: mutual aid".

Published in asianews.it on 04/02/2017

170204 udienza papa 26 rid"When capitalism makes the seeking of profit its only purpose, it runs the risk of becoming an idolatrous framework, a form of worship" that produces " discarded people, then trying to hide them or make sure they are never seen", said Pope Francis, calling for a "change in the rules of the economic-social system" in favor of a "communion" economy, which "gives life, because it shares, including the poor, it uses the profits to create communion".

An audience on the "Economy of Communion", organized by the Focolare Movement gave Pope Francis the opportunity to reiterate the need to change an economy that neglects man and worships money as a god, "a surrogate of eternal life". " “Individual products (cars, telephones ...) get old and wear out, but if I have money or credit, I can immediately buy others, deluding myself of conquering death.”

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Being an EoC Entrepreneur: when Economy and Communion Unite

Members of the Economy of Communion initiative gathered from all over the world in Rome and met with Pope Francis on February 4th, 2017

By Nick Sanna

Published in Economy of Communion on 12/02/2017

170204 Udienza Papa 10 rid catEconomy and communion. These are two words that dominant culture keeps separate and often considers as opposites. You have united these words, by welcoming the invitation that Chiara Lubich extended to you in Brazil 25 years ago. Faced with the scandal of inequality in the city of Sao Paolo, she asked entrepreneurs to become agents of communion.” These are the words that Pope Francis used to greet the 1,100 entrepreneurs, students, and scholars of the Economy of Communion (EoC) on February 4th.

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Joy, Celebration, and Challenge

Initial reflections on the audience that the Economy of Communion members had with Pope Francis on Feb 4th, 2017

By John Gallagher1

Published in Economy of Communion on February 12, 2017

170204 udienza papa 21 ridThe full text of Pope Francis’ address is now widely available. It has been disseminated on numerous websites, including here on ours, and posted to various social media. Here is the Vatican’s official translation into English. This is a good and wonderful thing for all of us; to have his message shared for all peoples and for all time. This is a joy! This makes it possible for everyone to study his words, ponder his meaning, and share insights and questions with each other.

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Pope Francis' speech

The Pope receives the participants in the “Economy and communion” meeting organised by the Focolare Movement, 04.02.2017

published in vatican.va

170204 Udienza Papa 12 rid

I am pleased to welcome you as representatives of a project in which I have been genuinely interested for some time. I convey my cordial greeting to each of you, and I thank in particular the coordinator, Prof. Luigino Bruni, for his courteous words. And I thank you for your testimonies.

Economy and communion. These are two words that contemporary culture keeps separate and often considers opposites. Two words that you have instead joined, accepting the invitation that Chiara Lubich offered you 25 years ago in Brazil, when, in the face of the scandal of inequality in the city of São Paulo, she asked entrepreneurs to become agents of communion. She invited you to be creative, skilful, but not only this.

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