Cardinal Timothy Dolan shares his views about the free markets after Pope Francis generated controversy over his comments about capitalism, reports CNBC's Michelle Caruso-Cabrera.
CNBC's Michelle Caruso-Cabrera talks to Cardinal Timothy Dolan about concerns following the pope's recent comments.
CNBC's Michelle Caruso-Cabrera talks to Cardinal Timothy Dolan, asking whether the Catholic Church supports a market- or a government-driven economy. Neither, the cardinal says.
CNBC's Herb Greenberg, Simon Hobbs, Seema Mody and CNBC contributor Greg Ip discuss Pope Francis' criticism on capitalism and high salaries.
In his first message for the Roman Catholic Church's World Day of Peace, Pope Francis attacked mega-salaries and gigantic bonuses, saying they were symptoms of an economy based on greed and inequality.
Pope Francis was named Time Magazine's 2013 person of the year. Rev. Robert A. Sirico, Action Institute president and co-founder, and Naomi Schaefer Riley, "Till Faith Do Us Part" author, discuss concern for the media's embrace of the Pope.
R.R. Reno, First Things editor, and Michael Matheson Miller, PovertyCure director, discuss Pope Francis' take on free market capitalism.
CNBC's Eamon Javers reports that Pope Francis has targeted capitalism in his new papal proclamation, calling unfettered capitalism the "new tyranny."
In his first major written work, Pope Francis referred to capitalism as "a new tyranny," urging global leaders to fight poverty and inequality.
Digging into some of the rules of "progressive capitalism," with Cambridge University Chancellor Lord David Sainsbury. He discusses whether he expects pushback on the push for reform.
Some economists believe India's slowdown may help turn the country away from the corruption and crony capitalism that fueled the recent boom.
G8 leaders wrap up a two-day meeting in Northern Ireland on Tuesday. CNBC's Steve Sedgwick filed this report.
David Stockman, author of "The Great Deformation," shares his "gloomy" outlook for the U.S.
As Washington scrambles to avoid the "fiscal cliff," some leaders of China are committed to never allowing their country to fall into the same financial trap.
Is free market capitalism the best path to prosperity? John Allison, CATO president & CEO, weighs in.
As the International Monetary Fund and the World Bank meet in Tokyo, Moorad Choudhry, treasurer of the Royal Bank of Scotland’s corporate banking division, warns that Europe and the U.S. must avoid replicating Japan’s “Lost Decade.”
Professor Moorad Choudhry outlines his ultimate rationale for persisting with the free market approach.
Capitalism has generally come to be seen as diametrically (and dialectically) opposed to Marxism. The truth, as ever, is rather more complex, writes Paul Gambles Managing Partner, MBMG International.
Charlie Munger, Berkshire Hathaway vice chairman, and Warren Buffett offer perspective on U.S. politics. "The current economic situation likely points to a close presidential election," Buffett told CNBC's Becky Quick.
Omaha is getting ready for Berkshire Hathaway's annual shareholder meeting. CNBC's Becky Quick spoke with Berkshire's Warren Buffett.