Magnifica Humanitas §163

¹⁶³ More than ever, in the age of AI and robotics, it is no longer possible to rely solely on the “invisible hand” of the market. Politics has the task of orientating economies and technologies to the common good, promoting dignified work, social inclusion and an equitable distribution of the benefits of innovation. Since many economic decisions transcend national borders, there is also a need for international cooperation capable of defining common strategies, especially in favor of the most vulnerable countries and people, in order to promote development and overcome welfare dependency. The thinking behind these choices is the immeasurable dignity of every person, the common good and a world truly governed for everyone. The interdependence between peace and development, as Saint Paul VI prophetically wrote in 1967, remains applicable today, for prosperity contributes to building and reinforcing peace only if it is widespread, inclusive and sustainable.