CARDINAL DOLAN AND “VIRTUOUS CAPITALISM”
There was a recent opinion piece in the Wall Street Journal entitled "the Pope's case for virtuous capitalism." In it Cardinal Timothy Dolan of New York was critical of the media for what he said was giving the wrong impression of the Popes position on capitalism. He claimed that the principal focus of Pope France's economic teaching was that social activity must be based on the virtues of compassion and generosity. The cardinal claimed that: "all people, including the poor,…
