RomeReports TV – Helping end poverty while also making a business profit addresses the
false dichotomy between profit and alleviating poverty.
What’s the best way to invest, make a profit and at the same time help those in need, while following the social doctrine of the Church? This was purpose of this meeting organized by the Vatican, Catholic Relief Services and the University of Notre Dame.
In fact Pope Francis welcomed the group in the Vatican, urging them to make social impact investments in the developing world, where they can look after both the common good and for the bottom line.
It’s part of a shift, of not just offering aid, but also aid that leaves a profit. In some countries, the private sector already provides a service, that’s often unreliable.
Tags: Catholic social teaching and doctrine, poverty
