If ever there was a need to consolidate a new ethical foundation for economics and business, it is surely now. Hence there has been great expectation about the release of Pope Benedict XVI’s 30,000-word encyclical, Caritas in Veritate, (Charity in Truth), as world leaders gathered in Italy around the G8. The Pope met President Barack Obama and Prime Minister Kevin Rudd among others; they received signed copies of the document.
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