As this short video demonstrates, there is a disproportionate concentration of the nation's wealth in the hands of an exceedingly small minority of individuals and families. As a result, there is limited availability of resources for the remaining population. This reality lies at the heart of problems that face many millions in terms accessibility to good nutrition, adequate housing, full and meaningful employment, descent health care and adequate educational opportunities.
In addition, this kind of wealth exerts an inordinate influence upon the formulation of public policy; since many members of the political leadership depend upon the largess of affluent donors and their undo influence.
Pope Francis’s Comments on the, “Idolatry of Money” delivered on July 11, 2015 in Asuncion, Paraguay
The following are the comments made by Pope Francis in a speech delivered in Asuncion, Paraguay given on July 11, 2015 during his tour of South America. This speech was given in order to address some of distressing issues surrounding social and economic injustice that plague so many of the poor worldwide. He wished to draw the attention of world leaders to the degree to which the global economy is seriously out of balance - tilted in favor of wealth and profit resulting in a severe unequal distribution of wealth resulting in a great deal of human misery experienced by so many of the world's people.