The Malta Independent on Sunday
The truth makes us free
I want to commend one particular incident in your media action.
There was a point in your video with Maria, the Russian who had worked temporarily at Pilatus Bank, which is potentially of wide importance to the life of people across the globe, even more than our life in our beloved micro-Malta at this election.
I was truly captivated by her response to Pierre Portelli’s question about whether she was afraid... “I am not afraid of anybody, only of THE God”. Therefore, even if her English is not perfect, her conscience is certainly well formed. For it is in Christ that we can share a good conscience. And it is what the world yearns for but cannot find in money or indeed in family affairs.
The global financial economy may well have melted down a decade ago because of mistaken ethical consciences in financial practices. But the matter goes even deeper: all over the world, including here, the ethics of political leaders trying to find how best to serve their citizens, expressed locally as “Malta Taghna” continue to be too elusive for both ideologies and populism.
Malta, as Eddie Fenech Adami, once told other govern- ments, might be able to help by developing certain instruments in the European currency in its laboratory dimensions. Research and Development in well-designed financial instruments synthesized with the common good in mind will facilitate the recuperation of our island witness to truth in the face of the nations. This is not simply in economics that are more inclusive internally, but equally in the great structural issues of the global economy, peace in Jerusalem and the end of world hunger by 2030.
For Europe cannot unite further without taking the lead in inclining UK and the US to- wards better world governance. As Europeans this is our vocation in financial economics and an incredibly bright prospect if we understand the faith of the temporary worker in the Pilatus bank who declared her faith in “the God”.
Malta can do it: so let’s do it. The end game in the National Bank of Malta saga and the Malta Central Bank may yet help one and all ethically in these matters of conscience in the world. Hold together Malta, work for progress, and please God in everything! This is the most fitting end to your EU Presidency. Under the EU 2020 Horizon European Research Area Budget, you can invite other governments including countries like Peru, and perhaps even the Holy See, to join in an international experiment in the better development of national economies so that the digital economy will not only create more wellbeing but also distribute it better throughout the commonweal.
I think the University can help us in applying the research into the insight of Fr Bernard Lonergan SJ (1904 –1984) on Macro-circulation analysis and “Cosmopolis” down these lines.