Tag: too big to fail

  • The Institute of the Incarnate Word, “too big to fall”, in the light of thirty years of pontifical tutelage.

    The Institute of the Incarnate Word, “too big to fall”, in the light of thirty years of pontifical tutelage.

    The IVE presents Rome’s measures as persecution. The chronology shows exactly the opposite: since 1995, the Church has invested authorities, specialists and external structures to sustain and reform an institution that has not been able to correct itself.

    Some time ago we published an article on this blog entitled “Institute of the Incarnate Word: too big to fail?”. The expression, borrowed from the financial world, is applied to those institutions whose size is such that their collapse could cause even greater damage than that caused by their mismanagement. For this reason, although they are deeply deteriorated, the authorities are forced to intervene, inject resources and sustain them to avoid an uncontrolled collapse.

    The question we posed then was whether the Institute of the Incarnate Word (IVE) and the Servants of the Lord and of the Virgin of Matará (SSVM) had come to occupy a similar position within the Church: a religious family too large, too extended and too intertwined with dioceses, parishes, seminaries, schools and apostolic works for the Holy See to simply let it fall.

    Recent events do not weaken that hypothesis. On the contrary, they seem to confirm it.

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