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Current financial crisis is a moral one, says Tutu

The end of the Cold War led to the false hope that all humans would be treated equally, says Archbishop Desmond Tutu, reports Ecumenical News International. But the world's inability to avoid crises such as the recent recession, climate change and volcanic ash illustrates the risk of not working together, the Nobel Peace Prize laureate and former Anglican archbishop of Cape Town said.

"The countries most responsible for devastating changes are the least vulnerable to the consequences, of which the price is being paid by the poor and the weak," he said.

Solutions to the ongoing economic crisis will only be found in the faith communities, Tutu said while noting, "More than political will, the moral imperative is lacking; we realise more and more [the global financial crisis] is a moral and ethical matter."

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TAGS: South Africa Archbishop Desmond Tutu financial crisis Nobel Peace Prize moral imperative

[07/19/2010]

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