The pope said every economic decision had a moral consequence and called for "forms of redistribution" of wealth overseen by governments to help those most affected by crises.
Benedict said "there is an urgent need of a true world political authority" whose task would be "to manage the global economy; to revive economies hit by the crisis; to avoid any deterioration of the present crisis and the greater imbalances that would result."
Thanks! I’ve been heads down, so I only caught this today and am trying to get up to speed on it. Certainly the excerpts being highlighted in the media are disturbing.