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
- Pope Francis' focus on South Korean trip: a call for reconciliation
- Overcharging and underperforming in the clubby world of military contracts
- Salt Lake City diocese launches lay ministry training in Spanish
- Special Section [Newspaper only]: Ministry & Mission
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