Unexpected allies?
Unexpected reminders of importance to those organizing for change!
Howard Anderson of MITs Sloan School of Management is quoted in Commonweal (July 1, 2012) on Catholic Social Teaching. Anderson says, “Private equity doesn’t create jobs; you guys build wealth.” There’s a big difference. “Sometimes you (guys) build jobs. Sometimes you eliminate jobs… ..Private equity is the best of capitalism and it’s the worst of capitalism.” The author, Daniel Finn, of the essay goes on to explain why Catholic thought on capitalism is always a surprise to conservatives–and to me!. E.g. Pope John Paul II: “Ownership of the means of production… is just and legitimate if it serves useful work. It becomes illegitimate, however, when it is not useful or when it serves to impede the work of others, in an effort to gain a profit which is not the result of the overall expansion of work and the wealth of society, but rather is the result of curbing or of
Howard Anderson of MITs Sloan School of Management is quoted in Commonweal (July 1, 2012) on Catholic Social Teaching. Anderson says, “Private equity doesn’t create jobs; you guys build wealth.” There’s a big difference. “Sometimes you (guys) build jobs. Sometimes you eliminate jobs… ..Private equity is the best of capitalism and it’s the worst of capitalism.” The author, Daniel Finn, of the essay goes on to explain why Catholic thought on capitalism is always a surprise to conservatives–and to me!. E.g. Pope John Paul II: “Ownership of the means of production… is just and legitimate if it serves useful work. It becomes illegitimate, however, when it is not useful or when it serves to impede the work of others, in an effort to gain a profit which is not the result of the overall expansion of work and the wealth of society, but rather is the result of curbing or of
