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Old 07-08-2013, 11:10 AM
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Thumbs up Are PAP Catholic Ministers going to heed the Pope?

An honorable member of the Coffee Shop Has Just Posted the Following:

http://www.cnbc.com/id/100931792

Since taking over as head of the Roman Catholic Church in March, Pope Francis has made several stark comments on world economic issues: He's cited the pitfalls of capitalism, decried global income inequality and equated low-wage labor to a form of "slavery."

"I think it's fair to say he's arguing for a more European version of capitalism going forward, especially after the Great Recession, so there's more of a safety net for people when they need it," Haley added.

"I don't think he's attacking capitalism or the wealthy, because if he did, that strategy would fail," said Joseph Pastore, a business professor at Pace University.

"But he is rightly focusing on issues of equality and justice in economics," Pastore said.


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