“The growth of equality demands something more than economic growth, even though it presupposes it.  It demands first of all a transcendent vision of the person.”

One of those great quotes that you wish you’d said. But who uttered these words? Martin Luther King Jr, remembered this week on the federal holiday that marks his memory each year? Jeffrey Sachs, revered globally for his economics and humanitarian work?

No, it was the Pope. Yesterday, in Davos, where he addressed many of the world’s corporate elite at their annual meeting, with a narrative designed to make the room redden with a collective blush. The tenor of his point being that “modern business activity,” for all its virtues, often has led to “a widespread social exclusion.” Continue reading “The Inequalities of Capitalism” →