00:00During his intervention, Pope Leo XIV referred to the processes of globalization and the importance to include all sectors to
00:06build a common future.
00:09Benedict XVI observed that the processes of globalization, suitably understood and directed, open up the unprecedented possibility of a large
00:19-scale redistribution of wealth
00:27on a worldwide scale, if badly directed. However, they can lead to an increase in poverty and inequality and could
00:35even trigger a global crisis.
00:39Pope Francis, drawing on his extensive experience of the tensions present in the Global South, highlighted the importance of what
00:47can be understood only on the peripheries of the great centers of power
00:52and decision-making. He wrote,
00:56What is needed is a model of social, political and economic participation that can include popular movements and invigorate local,
01:05national and international governing structures
01:08with that torrent of moral energy that springs from the excluded in the building of a common destiny.
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