Catholic Charities’ Father Snyder calls for new values base in American economy

Father Larry Snyder (CNS/Paul Haring)

One of the more interesting blogs in cyberspace rolling out recently is that of Father Larry Snyder, president of Catholic Charities USA.

His “Think and Act Anew” blog offers food for thought on the status of poverty in the United States today.

The blog is part of Catholic Charities’ campaign to cut U.S. poverty in half by 2020.

In his latest post, under the headline “Collateral Damage,” Father Snyder calls for a new values base in the country, one where the common values of caring for one another replaces the “greed is good” mantra that has existed on Wall Street for the last 30 years. 

Quoting from Pope Benedict XVI’s 2009 encyclical “Caritas in Veritate” (“Charity in Truth”), Father Snyder reminds American society that “the social element must be embodied in the economic one so that the market becomes an instrument of civilization once again. We need big, innovative ideas about how to meld our market economy with the common good so as to avoid collateral damage in the future.”

Inspiring words to ponder and act upon as the economy slowly emerges from a long, deep recession.