Posts Tagged ‘economic system’

Winnie Byanyima: Billionaire Boom Economy

Posted by admin on Thursday, May 10, 2018

Winnie Byanyima Money Quote saying an economic system that moves the bulk of the wealth to the top is not functioning properly and means trouble. Winnie Byanyima said:
 

the billionaire boom is not a sign of a thriving economy but a symptom of a failing economic system Quote
 

“The billionaire boom is not a sign of a thriving economy but a symptom of a failing economic system” — Winnie Byanyima

 
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Pope Francis: Wielding Economic Power

Posted by admin on Saturday, October 3, 2015

Pope Francis Money Quotation saying that “trickle-down theory” has no proof of viability or examples of successfully benefiting low-wage workers. Pope Francis said:

This opinion, [trickle-down-theory] which has never been confirmed by the facts, expresses a crude and naïve trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system
— Pope Francis

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