Writing for Timesonline, in an article titled, "Cardinal Cormac Murphy-O'Connor: recession may be jolt that selfish Britain needs," quote Cardinal Murphy-O'Connor on the recession, capitalism and greed.
It's the end of a certain kind of selfish capitalism. This particular recession is a moment - a kairos - when we have to reflect as a country on what are the things that nourish the values, the virtues, we want to have ... Capitalism needs to be underpinned with regulation and a moral purpose.
As an ongoing crusade on economic education, I recommend leaving out the word capitalism. Greed predated capitalism. It is part of human nature.
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