In the Eyes of the Pope, Profit as Sin
Tomorrow President Obama heads to Italy for the opening of the G8 summit. He will meet with Pope Benedict, who has just issued a new encyclical calling for a new financial world order. In the paper, called “Charity in Truth,” the Pope draws on traditional Catholic teaching in rebuking the profit-at-all-costs mentality of the global economy. Greed is a mortal sin, after all. For more, The Takeaway talks to David Willey, Rome correspondent for our partners the BBC.
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