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Pope supports new economic order

If President Obama is an ungodly socialist, as some people think, what is Pope Benedict? The pope this week decried the "scandal of glaring inequalities" in the world economy and supported the redistribution of wealth. He also argued that "lowering the level of protection accorded to the rights of workers, or abandoning mechanisms of wealth redistribution in order to increase the country's international competitiveness, hinder the achievement of lasting development." The pope disagreed with those who believe that the economy should be free of government regulation, and he supported "a political, juridical and economic order" that can help "manage the global economy."

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