Pope Francis tells Catholic business leaders to invest in the common good
Pope Francis called on Catholic business leaders and entrepreneurs to build trust through transparency and investing in the common good.
In a video message sent to a Christian association of Argentine professionals, the Pope categorically encouraged “to invest in the common good, not to hide money in tax havens”.
“To invest is to give life, to create. It’s creative, ”Pope Francis said on June 30.
“Clarity, transparency and production. Invest. And gradually build social trust. It is very difficult to build without social trust, ”he said.
Pope Francis said everyone from trade unionists to executives should be involved in building a just community, both economically and socially, for all.
The Pope suggested that a concrete way for business leaders to contribute to the common good was to create jobs, especially at a time when people continue to face unemployment due to the coronavirus pandemic.
“Return to the economy of the tangible, so as not to lose sight of the real. And what is real is production, the work of all, so that there is no shortage of work, families, country, society, ”he declared.
Enrique Shaw, c. 1957.
The Pope cited the example of Venerable Enrique Shaw, an Argentinian businessman whose heroic virtues were recently recognized by the Vatican Congregation for the Causes of Saints in April.
Shaw was born in Paris, France, in 1921, and immigrated to Argentina, where he established himself as a businessman of exceptional integrity. He founded the Christian Association of Business Executives in 1952 and sought to apply Catholic social education to the workplace.
The businessman had nine children, one of whom became a priest. He has written numerous books and articles and created a pension fund and health care plan to provide 3,400 workers with financial assistance in case of illness and loans for important life events such as marriage, birth and death.
Sara Shaw, one of Enrique’s daughters, told EWTN News that what she remembered most about her father was “the way he loved coming home. He would come whistling. We kids would come running, and the whole atmosphere changed because it was like a party when he came home from work… he really loved his family.
One of the family’s devotional practices was the prayer of the rosary.
“He taught each of us how to lead a decade, in turn, and he would tell us to mention our petitions out loud… and we would go to church on Sundays to go to mass early,” recalls- it.
“After Communion, he hugged us all and made us pray to the Anima Christi… it was very beautiful and many people remember how he made us recite this prayer in thanksgiving after Communion. “
When a company run by Shaw was sold to an American trust fund that decided to lay off 1,200 people, Shaw strongly opposed the layoffs and proposed a stimulus package that was to retain all workers.
He died of cancer the following year in Buenos Aires, Argentina, on August 27, 1962.
Pope Francis oversaw the diocesan phase of Shaw’s cause while he was Archbishop of Argentina’s capital.
The Pope praised Shaw in a 2015 interview with Mexican TV channel Televisa.
He said: “Enrique Shaw was rich, but holy. A person can have money. God gave it to him so that he could administer it well, and this man administered it well.
Francis added that Shaw used his wealth “not with paternalism, but by fostering the growth of people in need of help.”
Pope Francis directed his video message to the Christian Association of Business Executives, which hosted a conference from June 30 to July 1 to mark the centenary of Shaw’s birth.
“I cannot hide the joy I felt a short time ago signing for the heroic virtue of Enrique Shaw,” the Pope told the conference.
“I ask him to accompany you in this meeting, and that he can help you move forward.