Caritas in Veritate, Hybrid Firms, And Institutional Arrangements‪.‬

Introduction In his encyclical Caritas in Veritate (Charity in Truth), Pope Benedict XVI calls the world to pursue authentic human development. This development, fostered by God and the recognition that every person and all people are created in God's image and likeness, is a holistic approach embracing the economic, political, social, technological, and spiritual realms of human endeavor. In particular, Pope Benedict XVI addresses the state of the global economy and the myriad ways in which it is and is not furthering the objective of authentic human development. (1) He devotes an entire chapter out of the six chapters of his missive to the theme of economic development.