LA Times–Anglican and Roman Catholic leaders say the market is lacking morals

In the midst of a global recession, religious leaders are looking beyond the recent regulatory fixes and bailouts aimed at repairing an ailing financial system.

They are questioning the underlying assumptions of a market economy that they say has lost its moral bearings.

Read it all.

Posted in * Anglican - Episcopal, * Economics, Politics, * Religion News & Commentary, - Anglican: Latest News, Archbishop of Canterbury, Corporations/Corporate Life, Credit Markets, Economy, Episcopal Church (TEC), Other Churches, Pope Benedict XVI, Presiding Bishop, Roman Catholic, Stock Market

One comment on “LA Times–Anglican and Roman Catholic leaders say the market is lacking morals

  1. Dan Crawford says:

    After several classes in economics, I was under the distinct impression that one of the glories of the free market was that it had no moral bearings: that the happiness of shareholders and the profit was all that mattered. I see that verified every day. The few exceptions prove the rule.