Home
/
RELIGION & LIBERTY ONLINE
/
Acton Institute’s Assisi conference explores roots of poverty, engines of wealth
Acton Institute’s Assisi conference explores roots of poverty, engines of wealth
Jul 4, 2025 7:30 AM

On September 12-14 the Acton Institute’s Rome office hosted its third annual “Economics, Development and Human Flourishing” conference in Assisi for seminarians and formation staff of the Vatican’s Pontifical Urban College.

Intense discussion and open debate was stimulated by challenging lectures on economics, political philosophy, anthropology, and Catholic social doctrine. The lectures were reinforced by showings of the Institute’s video curriculum “PovertyCure”, a six-episode DVD rich in graphic content, intellectual analysis and dramatic stories about poverty in Africa, Asia and Latin America.

An African seminarian asks a tough question about economic injustice.

The second-year theology students — from different developing-world nations spanning 3 continents– listened attentively and asked provocative questions related to economic growth and poverty alleviation. Many questions regarded political corruption, crony capitalism, the causes of wealth, the meaning of vocation, material scarcity, as well as some very specific economic concernsin their home countries.

Acton’s president and co-founder, Rev. Robert A. Sirico and Poverty, Inc. producer Michael Matheson Miller traveled from Grand Rapids, while academic contributions from Rome scholars included Istituto Acton’s director, Kishore Jayabalan, and Salvatore Rebecchini, president of SIMEST, pany that promotes Italian investment in foreign markets.

During his talk on the role of the laityin the public square, the church and business world, Rev. Sirico emphasized the need for priests and other religious to delegate and foster leadership so that they can better serve the faithful as spiritual pastors; furthermore, he asked them to appreciate and encourage the laity in their real individual professional callings, especially faithful entrepreneurs and business persons who see themselves as “co-creators” with God’s plan in carrying out their various risky enterprises. This point was echoedby Michael Matheson Miller’s anthropological reflections on the human person’s potency, even if sinful and fallen, to pursue magnanimous endsfor mon good of civilization. Miller invited the seminarians and formation teamto ponder C.S. Lewis’s famous words aboutnever having met a “mere mortal”, since human beings are capable of “everlasting splendors” when living out their true potential according God’s willfor their individual gifts whilereceiving adequate spiritual direction in an increasingly antagonistic secular society.

Some of the most riveting discussion came during one of the plenary discussions following Salvatore’s Rebecchini’s talk on economic growth. One seminarian wondered just how much big business can be “free”, especially in terms of cartels and monopolies being established in closed-doordealswith governments and their business cronies. Other students directed their questionsto corporate takeovers crowding out SMEs, price controls and what, in effect, was the limit and purpose of international aid.

Kishore Jayabalan focused one of his lectures on themeaningof material and spiritual poverty,while stressing theneed to cultivatea spiritdetachment in prosperous individuals who can do much good with their wealth ifmaintaining a healthy spiritual and theological perspective.

At the end of the conference, the participantsstressed their appreciation of the PovertyCure film’s realism, especially in the episode “Circles of Exchange“, when evaluating the film’scriticism of ways in which developing markets are too often cut off from viable networks of productivity and exchange, resources and stymied by various injustices which free societies take for granted, such as therule of law, property rights, and a culture of meritocracy.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Commentary: A Passion for Government Leads to Neglect of Our Neighbor
When government provision is expected in all areas of life we begin to neglect our personal obligations to our families and neighbors, says Dylan Pahman, assistant editor of the Journal of Markets & Morality. “For the ancient Jews, intergenerational relations were a religious matter,” says Pahman. mand ‘honor your father and mother’ (cf. Exodus 20:12) served as a bridge between duties to God and duties to neighbors. Our situation today may be quite different than that faced by Jews in...
Video: Rev. Sirico on the Papal Conclave
KNOP-TV featured a report earlier this week in which it interviewed Acton president and co-founder, Rev. Robert Sirico describing the tough decision the Cardinals faced when choosing a new pope. ...
Video: Kishore Jayabalan discusses Pope Francis on France 24
Kishore Jayabalan, Director of Instituto Acton in Rome, Italy, joined France 24 News today to discuss the pontificate of Pope Francis I as he assumes his new office of leadership. ...
Rod Dreher on Community, Calling, and Life with Limits
In his ing book, author and journalist Rod Dreher chronicles his journey back to his hometown of St. Francisville, Louisiana, in “the wake of his younger sister Ruthie’s death.” After spending time in St. Francisville during the final months of his sister’s life, Dreher, who left his hometown as a teenager and bounced around from city to city in the years proceeding, was struck by the support and generosity his sister received from munity. In a column written shortly after...
Women of Liberty: Abigail Adams
(March is Women’s History Month. Acton will be highlighting a number of women who have contributed significantly to the issue of liberty during this month.) In today’s era of texting, Facebooking and emails, one wonders fortable our nation’s second First Lady would have felt about these forms munication. Abigail Smith Adams, while not a “woman of letters” (she had little formal education), left behind letters that tell us much about her, her marriage and her desire to be part of...
Pope Francis ‘provides Catholics with fresh guidance’
Yesterday, Cardinals choose Jorge Bergoglio of Argentina to be the new pope. A The Detroit News editorial points out that “[t]hirty-nine percent of the world’s Catholics live in Latin America, making this pope a fitting choice for many Catholics.” Countries with the largest number of Catholics include Brazil, Mexico, the Philippines and U.S. One hundred years ago, that landscape was shifted toward Europe, with France and Italy housing the greatest number. The Detroit News asked Acton Research Fellow Michael Miller...
Samuel Gregg: Is Pope Francis a Man of the Left?
Pope Francis At National Review Online, Acton Research Director Samuel Gregg talks about the “profound illustration of the limits of applying secular political categories to something like the Catholic Church.” He goes on to discuss the “particular concerns” that Pope Francis has regarding economic issues, including materialism and consumerism, and the poor, all reflected through his life of asceticism. Gregg then places these reflections in the context of modern day Argentina. More: Over the centuries … Catholics have actually disagreed...
Audio: First reactions to Pope Francis on ‘Al Kresta in the Afternoon’
Director of the Istituto Acton in Rome, Kishore Jayabalan, and Acton Director of Research, Samuel Gregg, were recently featured on Ave Maria’s Al Kresta in the Afternoon to discuss the selection of Cardinal Jorge Bergoglio of Buenos Aires as Pope Francis. Jayabalan was in St. Peter’s Square for the announcement and he says that the mood in Rome was quite different than it was in 2005. Despite the thousands of people in the square, it was very quiet; most people...
5 TV Shows That Demonstrate the Importance of Ordinary Work
Television is often lamented for its propensity to exaggerate the mundane and the ordinary. Yet when es to something as routinely downplayed and unfairly pooh-poohed as our daily work—the “rat race,” the “grindstone,” yadda-yadda—I wonder if television’s over-the-top tendencies might be just what we need to reorient our thinking about the broader significance of our work. As I’ve argued previously, we face a constant temptation to limit our economic endeavors to the temporal and the material, focusing only on “putting...
New Building for a New Era at Acton
Earlier this month the Acton Institute moved to its new home in downtown Grand Rapids, Mich. David Urban of The Rapidian has an update on the transition: The 38,000 square foot building features a multi-functional, high-tech conference center and auditorium that can hold events for more than 200 people, a media center, several libraries, and office space for the institute’s staff. The institute will occupy the basement and first floor of the building. Acton employees have expressed excitement about how...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved