Posted on 12/08/2020 6:44:26 PM PST by marshmallow
THE COUNCIL ANSWERS THE CHALLENGE BY POPE FRANCIS TO APPLY PRINCIPLES OF MORALITY TO BUSINESS AND INVESTMENT PRACTICES
ORGANIZATIONS COMMIT TO CONCRETE ACTION TO CREATE A MORE EQUITABLE, SUSTAINABLE AND TRUSTED ECONOMIC SYSTEM
NEW YORK, Dec. 8, 2020 /PRNewswire/ -- The Council for Inclusive Capitalism with the Vatican ("the Council"), a historic new partnership between some of the world's largest investment and business leaders and the Vatican, launched today. It signifies the urgency of joining moral and market imperatives to reform capitalism into a powerful force for the good of humanity. Under the moral guidance of His Holiness Pope Francis and His Eminence Cardinal Peter Turkson, who leads the Dicastery for Promoting Integral Human Development at the Vatican, and inspired by the moral imperative of all faiths, the Council invites companies of all sizes to harness the potential of the private sector to build a fairer, more inclusive, and sustainable economic foundation for the world.
The Council is led by a core group of global leaders, known as Guardians for Inclusive Capitalism, who meet annually with Pope Francis and Cardinal Turkson. These leaders represent more than $10.5 trillion in assets under management, companies with over $2.1 trillion of market capitalization, and 200 million workers in over 163 countries. The organization challenges business and investment leaders of all sizes to embrace the Council's guiding principles and make public commitments to act on them. These collective actions are intended to lead to systemic change by making capitalism a greater force for inclusivity and sustainability. Watch a video of the Guardians discussing the Council's mission here.
(Excerpt) Read more at finance.yahoo.com ...
Is Inclusive Capitalism newspeak for Exclusive Communism?
That going to float like a Lead Balloon!
Pachamamas, global politics, economy, UN, climate, illegals, homos, etc.
May we soon get a pope who speaks on faith and morals
ping
Here’s What Happened When Reid Hoffman and Other Tech Bigwigs Went to the Vatican to Talk Morality
10/2/2019, 9:28:47 PM · by marshmallow · 3 replies
Fortune ^ | 9/26/19 | Eric J. Lyman
Ask Internet entrepreneur and Silicon Valley venture capitalist Reid Hoffman how he decides which companies to invest in, and he’ll tell you he has a simple litmus test to determine whether to give the idea a closer look. “I want to invest in companies that play to one or more of the seven deadly sins,” Hoffman said. For those a bit rusty, those sins would be: lust, gluttony, greed, sloth, wrath, envy and pride. Hoffman, best known as co-founder of LinkedIn, says the business-professional networking-platform most embodies the deadly sin of greed. “In the end, LinkedIn is helping someone earn...
Capitalism won’t change. They’ll just choose to exploit different people, that’s all...us! And now they will have the blessing of the Pope!
Thanks, that was fast
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