Pope Benedict spoke to thousands of followers in the Vatican Tuesday on a day recognized by the Catholic Church as the World Day of Peace. Among other topics, the Pope addressed the issue of economic inequality.

Pope Benedict: “Although the world is unfortunately still marked as hotbed of tension and conflict caused by growing inequalities between rich and poor, from the dominance of a selfish and individualistic mentality also expressed by an unregulated financial capitalism, as well as various forms of terrorism and crime, I am convinced that the many works of peace, which are abundant in the world, testify to the deep sense of humanity for peace.”