This op-ed by Harold Meyerson makes a point I have made before: The financialization of the economy in the past thirty some years shows the limits of capitalism to produce what it promises. But, Meyerson makes the point better than I have, and with the aid of a new report that details just how significantly the need to prop up stock prices distorts economic decision-making.
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In This Issue
- Napa Institute gathers US church's well-heeled and high-ranking devout
- Vatican asks for wide input on 2015 synod, not based on doctrine
- Letter calls on Vatican to investigate Milwaukee bankruptcy
- Special Section: Theology
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