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Pope Francis has teamed up with a member of the Rothschild family and multiple multinational corporations including Mastercard and Bank of America, to ensure the creation of a new, global economic system.

The “Council for Inclusive Capitalism with the Vatican, founded by Lady Lynn Forester de Rothschild, launched Tuesday, with a proclamation promising that the council “answers the challenge by Pope Francis to apply principles of morality to business and investment practices”

The press release included a quote from its Rothschild founder, who explained that “Capitalism has created enormous global prosperity, but it has also left too many people behind, led to degradation of our planet, and is not widely trusted in society.”

The announcement emphasized the “urgency of joining moral and market imperatives to reform capitalism into a powerful force for the good of humanity,” and laid out a desire to build a new “economic system” that uses “capitalism” and an “inclusive instrument.” The pronouncement brings to mind the sort of “public-good” central planning promoted in Italy and Germany in the 1930’s where businesses were directed to act in a unified manner to promote public policy for the good of the people. This approach is simply globalist, rather than nation-state, orientated.

“Under the moral guidance of His Holiness Pope Francis and His Eminence Cardinal Peter Turkson, who leads the Dicastery for Promoting Integral Human Development at the Vatican, and inspired by the moral imperative of all faiths, the Council invites companies of all sizes to harness the potential of the private sector to build a fairer, more inclusive, and sustainable economic foundation for the world,” read the announcement.

Pope Francis has teamed up with a member of the Rothschild family and multiple multinational corporations including Mastercard and Bank of America, to ensure the creation of a new, global economic system. The “Council for Inclusive Capitalism with the Vatican, founded by Lady Lynn Forester de Rothschild, launched Tuesday, with a proclamation promising that the council “answers the challenge by Pope Francis to apply principles of morality to business and investment practices” The press release included a quote from its Rothschild founder, who explained that “Capitalism has created enormous global prosperity, but it has also left too many people behind, led to degradation of our planet, and is not widely trusted in society.” The announcement emphasized the “urgency of joining moral and market imperatives to reform capitalism into a powerful force for the good of humanity,” and laid out a desire to build a new “economic system” that uses “capitalism” and an “inclusive instrument.” The pronouncement brings to mind the sort of “public-good” central planning promoted in Italy and Germany in the 1930’s where businesses were directed to act in a unified manner to promote public policy for the good of the people. This approach is simply globalist, rather than nation-state, orientated. “Under the moral guidance of His Holiness Pope Francis and His Eminence Cardinal Peter Turkson, who leads the Dicastery for Promoting Integral Human Development at the Vatican, and inspired by the moral imperative of all faiths, the Council invites companies of all sizes to harness the potential of the private sector to build a fairer, more inclusive, and sustainable economic foundation for the world,” read the announcement.

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