October 1, 2014

WCC’s ‘Homespun’ Economic Fallacy

The World Council of Churches, which claims to speak for most Orthodox Churches around the globe, has formulated a number of proposals to reform the global financial system because of its inherent "injustice." General Secretary Samuel Kobia sees the need for new transnational financial watchdog organizations that will "qualitatively regulate the growth in massive movements in capital." The … [Read more...]