Ray Tapajna Chronicles forecasted our economic storms years ago based on experts like Sir James Goldsmith ( The Trap ), Manuel Castells (Bewildered New World). Pope Benedict's response to the Bewildered New World is perhaps too little and too late to stop the surge of Globalism, the new "ism" that has arrived on the world scene without any pronounced idealogy other than the tools of globalization and free trade. See reviews at
http://tapsearch.com/pope-benedict-economic-encyclical
and visit The Rationale Quest at http://www.therationale.com which explores the latent response of philosophy and religion in the global economic arena. Workers are described as the "stepchilchildren" of philosophy and religion. Lech Walesa, leader of the Solidarity Movement in Poland which played a major role in the downfall of Communism, says this - I do not know that much about business or economics but I do know that when ten percent of the population controls 100 percent of the flow of money and wealth, something is very wrong.

This is not a right or left problem. You do not need any conspiracy theories to know that globalization and free trade have been driven by powerful forces outside the will of the people and any democratic process.
The elder President Bush announced the New World Order with a program for globalization and free trade. President Clinton implemented it. President Bush ll added to it and President Obama runs it without interruption. President Obama has merged big government with big money. He has bailed out big money jumping over those who lost their jobs. He ignores globalization and free trade as being the cause of our money crisis and put tariffs on future generations to pay the toll. Branding things as being left or right is a mistake.

Our economies based on making money on money instead of making things are burning out. Pope Benedict may be too late to put out the fires. See a cluster of related sites at http://linkbun.ch/aztb

that the Pope has ruled out neo-liberalism as an organizing principle of economy in the same way that Marxism was ruled out of bounds decades ago.

"Corporatism" still makes me uncomfortable, just as neo-liberalism does, but it's still very hard for the "left" or "right" to claim Benedict or any Pope. The language and the assumptions are just too different, and the Church "thinks" in centuries.

At the risk of being too conspiratorial, I wonder if we will see any Church criticism of "deep state" alliances, such as the federal government and Goldman Sachs.