NY Times: Archbishop of Canterbury Challenges Wall Street on Its Home Turf

Posted by Kendall Harmon

For three days this week, the 104th archbishop of Canterbury told economists, theologians and others attending a Wall Street conference that the “fat cats” of the world were not necessarily bad people, just victims of a terrible misunderstanding.

The misunderstanding — shared by people with lots of money, people with aspirations of having lots of money and those with neither — is that money is equated with wealth, he said.

And wealth, said the archbishop, the Most Rev. Rowan D. Williams, leader of world’s 80 million Anglicans — including members of the Episcopal Church in the United States — is the sum of one’s loving relationships with people. It is not, he said, “the number of naughts on the end of a balance sheet.”

Read the entire article.

Filed under: * Anglican - EpiscopalArchbishop of Canterbury * Economics, PoliticsEconomyCorporations/Corporate LifePersonal FinanceStock MarketThe Banking System/Sector* TheologyEthics / Moral TheologyPastoral Theology

Posted February 1, 2010 at 7:11 am

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The URL for this article is http://www.kendallharmon.net/t19/index.php/t19/article/28014/

1. C. Wingate wrote:

Williams’s words do not strike me as particularly radical nor clueless; indeed, it seems to me that his main attack is against the economist cluelessness of pretending that people participate in the economy rationally.

February 1, 4:04 pm | [comment link]

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