"The economy must serve people, rather than people serving the economy," the pontiff stated before authorities, diplomats, and representatives of civil society gathered in Buenos Aires. His words were met with applause.
Leo XIV also highlighted the importance of strengthening democracy through dialogue and respect for differences. "Democracy is also strengthened through our daily conduct in public life, our willingness to listen, the care we take in our words, and the patient pursuit of agreements," he noted.
The speech marks a particularly delicate moment in the relationship between the Vatican and the Argentine Government, due to differences over public spending cuts, social justice, and the economic model promoted by Milei.
Although the president defended Pope Francis's legacy during the reception, Leo XIV's words revealed two distinct views on the role of the economy and the responsibilities of leaders.