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

1 Comments
Posted February 1, 2010 at 7:11 am

To comment on this article: Go to Article View

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]


© 2014 Kendall S. Harmon. All rights reserved.

For original material from Titusonenine (such as articles and commentary by Dr. Harmon) permission to copy and distribute free of charge is granted, provided this notice, the logo, and the web site address are visible on all copies. For permission for use in for-profit publications, please email KSHarmon[at]mindspring[dot]com


<< Back to main page

<< Return to Mobile view (headlines)