Pope Challenges Unfettered Capitalism (plus more)

Pope Francis leads a mass at St Peter's basilica

John Francis Callahan shared this on Facebook:

Pope Francis calls unfettered capitalism ‘tyranny’ and urges rich to share wealth

Pontiff’s first major publication calls on global leaders to guarantee work, education and healthcare

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Rob Waters posted this to Facebook:

My latest in Forbes: New series profiles healthcare innovators working to transform their communities

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 End the N.S.A. Dragnet, Now

By Ron Wyden, Mark Udall and Martin Heinrich

…In spite of our repeated requests, the N.S.A. has not provided evidence of any instance when the agency used this program to review phone records that could not have been obtained using a regular court order or emergency authorization….

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 A Little Light in the Dark Corridors of Power
By Jeff Fauz

…Now comes Larry Summers — one of the chief designers of the policies that led to our current economic morass — suggesting in a November 8 speech to the International Monetary Fund that this fundamental assumption does not square with observed reality….

Whether through intention or ignorance, lower wages or another unsustainable bout of speculation are the logical consequence of the bi-partisan commitment to austerity that now rules Washington.

It is difficult to believe that many in Summers’ audience at the IMF do not understand this. But the policy implications — i.e., actually doing something about the trade deficit, the misallocation of capital and the corporate war against workers — are too radical for the financial interests that support their careers….

 

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