May 23, 2003 Pope John Paul II States Need for Regulation of Globalization

On May 2, 3003, Pope John Paul II addressed the Pontifical Academy of Social Sciences on the occasion of their Ninth Plenary Session, which focused on the theme of "the governance of globalization."

In his address, the Holy Father noted some of the failings of the current model of globalization: " . . . Special interests and the demands of the market frequently predominate over concern for the common good." Thus, globalization "exacerbates the conditions of the needy, . . . does not sufficiently contribute to resolving situations of hunger, poverty and social inequality and . . . fails to safeguard the natural environment." He warned that "these aspects of globalization can give rise to extreme reactions, leading to excessive nationalism, religious fanaticism and even acts of terrorism."

He then spoke of an alternative model of globalization whose success "will be measured by the extent that it enables every person to enjoy the basic goods of food and housing, of education and employment, of peace and social progress, of economic development and justice." He emphasized the necessity of the development and implementation of "guidelines that will place globalization firmly at the service of authentic human developmentí¢â‚¬"the development of every person and of the whole personí¢â‚¬"in full respect of the rights and dignity of all."

The Holy Father's alternative vision of globalization will require "guidance from the international community and adequate regulation on the part of the worldwide political establishment." Globalization, he stated, must be viewed in "the larger context of a political and economic program that seeks the authentic progress of all [of humanity]." To this end, he acknowledged the importance of continuing "the processes already underway to increase democratic participation and promote political transparency and accountability."

Despite "the difficulties of devising concrete mechanisms for the proper regulation of globalization, not least because of the resistance that such regulation would meet in certain quarters," Pope John Paul II stated that "it is essential that progress be made in this direction."

To read Pope John Paul II's entire address, visit the Vatican Web Site.

The Pontifical Academy of Social Sciences has the aim of promoting the study and progress of the social, economic, political and juridical sciences, and of thus offering the Church the elements which she can use in the study and development of her social doctrine. The Academy also reflects on the application of that doctrine in contemporary society. To learn more about the Academy, go to the Vatican Web Site.

Discussion Questions
Who profits from the current model of globalization? Who does not?

Discuss the relationship between globalization and our faith values.

Why does Pope John Paul II see the need for the regulation of globalization?

Why does he state that there will be resistance to the regulation of globalization?

What role might the United Nations play in the development of guidelines to regulate globalization?