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Pope Condemns "Unregulated Capitalism" in New Year's Address

Pope Benedict XVI has condemned "unregulated capitalism" for contributing to world tension, in a new year address to worshippers.

The Pope also thanked the world's peacemakers and said humanity had "an innate vocation for peace".

Source: BBC. Read full article. (link)

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  • newshutz||

    I do have to wonder where he thinks there is unregulated capitalism.

    I understand the misconception that blames the gross inequalities resulting from state intervention on capitalism, because capitalism requires inequities.

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