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Plutocracy or Democracy?

Cochran, David Carroll

Commonweal, 2012-02, Vol.139 (3), p.7

New York: Commonweal Foundation

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Title:
Plutocracy or Democracy?
Author: Cochran, David Carroll
Subjects: Benedict XVI (Pope) ; Catholicism ; Equal rights ; Health care access ; International finance ; Labor unions ; Politics ; Poverty ; Principles ; Private property ; Recessions ; Regulation of financial institutions ; Society ; Wealth ; Working conditions
Is Part Of: Commonweal, 2012-02, Vol.139 (3), p.7
Notes: content type line 24
ObjectType-Commentary-1
SourceType-Magazines-1
Description: According to John Paul II, markets must be "appropriately controlled by the forces of society and by the state to assure that the basic needs of the whole society are satisfied." Over the past decade we turned structural surpluses into deficits through massive tax cuts for the wealthy, soaring defense spending, and a Medicare drug plan designed to enrich pharmaceutical companies by prohibiting the government from using its purchasing power to bargain for lower prices.
Publisher: New York: Commonweal Foundation
Language: English

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