The Pope says we need an RBE

http://clericalwhispers.blogspot.com/2011/08/en-route-to-madrid-pope-says-economies.htm


“The economy doesn’t function with market self-regulation but needs an ethical reason to work for mankind,” the Pope told reporters aboard the papal plane.

“Man must be at the center of the economy, and the economy cannot be measured only by maximization of profit but rather according to the common good.”

Pope Benedict drew upon his 2009 encyclical “Caritas in Veritate” or “Charity in Truth” in which he asserted that the dignity of the person must be central to all economic decisions.

He told reporters that the current economic crisis afflicting many young people in countries like Spain again shows that a moral dimension isn’t “exterior” but “interior and fundamental” to the formulation of economic policy.