Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

1/27/2014 (7 months ago)

Catholic Online (www.catholic.org)

The Davos Man is too busy enjoying himself to worry about you.

The World Economic Forum in Davos, Switzerland ended late last week and the gathering of the world's 4,000 elites produced absolutely nothing of value for the planet, despite pleas from Pope Francis himself to address the gross issue of inequality.

With alcohol and parties, the world's elites gathered at Davos to work on the world's economic problems.

With alcohol and parties, the world's elites gathered at Davos to work on the world's economic problems.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

1/27/2014 (7 months ago)

Published in Business & Economics

Keywords: Davos, Davos man, inequality, Pope Francis, plan, resolution


LOS ANGELES, CA (Catholic Online) - The annual World Economic Forum is intended to aggregate world elites in one place, especially the wealthiest people on the planet, in the village of Davos, Switzerland to work out plans to solve world problems.

The annual forum is billed as an important event for the elites and an opportunity for them to show the world how much they care about the planet and its citizens.

Organize now to build a better, more Catholic world.

This year, the forum ended with virtual laughter as the world's billionaires jet-setted away from a week-long party and orgy, counting their billions as they were helicoptered from luxury suites to the airport. The conference produced nothing.

Despite a blessing and a plea from Pope Francis to come to a resolution regarding worldwide economic inequality, something which the Holy Father says is a scandal, the assorted elites instead partied most of the time, protected by snipers and paramilitary security forces.

During the event, they staged meetings and conferences, which sound almost farcical. At one event, the wealthy were exposed to the reality of "hardship" for an hour. During that hour, actors dressed as "poor people" were harassed and shot by other actors dressed as "soldiers."

If there was any true hardship, it must have been the quality of the forum's entertainment.

By night, parties raged and alcohol flowed. Is there any surprise the weeklong forum produced nothing?

Ahead of the forum, Oxfam announced that just 85 people controlled about 45 percent of the world's wealth. They also charged that the financial elites at Davos, who were mixing with political leaders that week, were guilty of actively working to undermine democracy and to manipulate legal and political systems for their own gain. Apparently because being just a billionaire isn't enough.

How can Pope Francis or anyone in the world take these people seriously if their session to discuss noblesse oblige is nothing more than a drunken bacchanal of food, drink, entertainment and sex?

There was once a sense of noblesse oblige, that that nobility had a duty to care for the poor beneath them. The idea is that while one may be a lord, if famine or pestilence came to your fief, you had an obligation to care for the peasants and serfs beneath you, even if the cost of that care came from your own purse. After all, these are the people who generate your wealth, perform your labor, and pay you rent.

Enter the "Davos Man." A term coined by the late American political scientist, Samuel P. Huntington; a Davos Man is a person so wealthy that they have no loyalty to a nation or group of people. They are international travelers and opportunists and see borders as anachronistic obstacles.

Davos Men are self-serving and have no sense of noblesse oblige because they are not reliant on any one population for their well-being. They may have passports, issued by one country or another, but they have no national loyalty.

Fortunately, with tawdry performances such as those at Davos, the world is slowly awakening to the realization that the system is broken and corrupt, and that we have been duped by the elites into fighting their battles for them and enriching them.

Even better, we have a Holy Father who is casting light on the false promise of wealth, and the dangerous seduction of greed. A Davos Man is appealing to behold, but was not Lucifer the most handsome of all?

We are fortunate to have the social doctrine of the Church to guide us. Even if our elites feel no loyalty to us, we, meaning you and me, still have a loyalty to those around us. We will provide what these people deny. Just as the Samaritan was an outsider, yet stopped to help the victim of a highway robbery, we too are asked to eschew the path of the rich man and to be good Samaritans to our neighbors.

The world's elites may do nothing about inequality. They may ignore the Pope and they may celebrate their wealth. Let them. Those who created the world's problems can hardly be relied upon to fix them. 

As individuals, we may not have the power to fix entire nations, but we can help our neighbors.

We ask you, one and all, to awaken to the sin of greed and global inequality. We invite you to choose an issue and take it to heart, from a Catholic perspective. Catholic Team Global is going to tackle this problem and many others. And we can win! Catholic Online, working with your Catholic Voice Foundation and Catholic Team Global stands at the nexus between people, technology and faith. We are the only organization that does. Our unique combination of qualities, guided by Pope Francis himself, will see us win against the challenges of poverty and inequality. We know the road will be long and the journey arduous, but we believe Christ when He promised that, "My yoke is easy and my burden is light."

Will you join us?
Join the movement for change.

---


Pope Francis: end world hunger through 'Prayer and Action'


© 2014 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for September 2014
Mentally disabled:
That the mentally disabled may receive the love and help they need for a dignified life.
Service to the poor: That Christians, inspired by the Word of God, may serve the poor and suffering.



Comments


More Business & Economics

The Chinese are coming! E-commerce giant Alibaba cleans house with its initial public offering Watch

Image of Chinese e-commerce giant Alibaba has raised more than $21 billion with its IPO, with stocks priced at $68 per share, signaling a strong demand for the tech-giant.

By Catholic Online (NEWS CONSORTIUM)

The Chinese e-commerce giant Alibaba has made the largest U.S.-listed initial public offering (IPO) of all time, with stocks priced at $68 per share, signaling a strong demand. LOS ANGELES, CA (Catholic Online) - Only large investors, like hedge funds, can ... continue reading


Bottom of the Barrel - Thanks to business tax, the U.S. is Number 32 in the world Watch

Image of A competitive tax code is one that limits the taxation of businesses and investment. Since capital is mobile and businesses can choose where to invest, tax rates that are too high

By Catholic Online (NEWS CONSORTIUM)

A new international ranking shows that the U.S. tax burden on business is close to the worst in the industrialized world. So says the Wall Street Journal, the nation's leading journal on business. The White House and Sen. Charles Schumer (D., N.Y.) will attempt ... continue reading


Unemployment rate for black Americans at 11.4 percent, more than double the rate for whites Watch

Image of There remains a wide disparity in employment in the United States, in spite of efforts to close this broadening gap.

By Catholic Online - (NEWS CONSORTIUM)

There remains a wide disparity in employment in the United States, in spite of efforts to close this broadening gap. Figures show that while unemployment nationwide is 6.1 percent, the unemployment rate for black Americans at 11.4 percent. LOS ANGELES, CA ... continue reading


A record 92,269,000 Americans jobless for month of August Watch

Image of So - there you have it: Things are STILL tough all over.

By Catholic Online - (NEWS CONSORTIUM)

It never went away, come rain or come shine form the past hot summer months . Many Americans remain idle and without work. According to the Bureau of Labor Statistics, a record 92,269,000 Americans 16 years of age and older didn't participate in the labor force ... continue reading


We owe HOW MUCH? New report reveals U.S. government owes $6 trillion to foreign entities Watch

Image of Foreign interests, including nations and businesses, own more than $6 trillion of U.S. government debt.

By Catholic Online (NEWS CONSORTIUM)

Foreign interests now own more than $6 trillion in U.S. government debt, a recent Treasury Department report on major foreign debt holders revealed. LOS ANGELES, CA (Catholic Online) - As of the end of June 2014, foreign-held debt totaled $6,013,200,000,000 in U.S. ... continue reading


Are you ready? Economic analysts predict bear market by end of 2014 Watch

Image of Economic analysts are predicting a significant drop in the market, which may be as high as 60%.

By Catholic Online (NEWS CONSORTIUM)

Two financial experts announced on August 27 that markets may face a fall of up to 60% by the end of 2014. LOS ANGELES, CA (Catholic Online) - David Tice, the president of Tice Capital and founder of the Prudent Bear Fund, reported that a jolt to international ... continue reading


Oh really Obama? President claims economic success while population dependent on food stamps hit all time high Watch

Image of The number of Americans on food stamps has not decreased since 2011, despite claims from President Obama that the U.S. economy has recovered under his policies.

By Catholic Online (NEWS CONSORTIUM)

Democrats are facing a tough midterm election, and with less than three months to go the party is scrambling to prop up the image of the U.S. economy in the minds of disgruntled voters. LOS ANGELES, CA (Catholic Online) - Yet one of the quickest shorthand ... continue reading


Here comes a boom! $7 trillion in untapped funds to flood global market Watch

Image of A report suggests that corporations and equity firms hold nearly $7 trillion in cash reserves that could bolster the world's economy.

By Catholic Online (NEWS CONSORTIUM)

A new boost to the global economic recovery may happen soon, as corporate giants and private equity firms prepare to tap into cash reserves of $7 trillion, stored since the current financial crisis began back in 2008. LOS ANGELES, CA (Catholic Online) - Investors ... continue reading


OBAMA PARTIES AS ROME BURNS: U.S. wages down by 23 percent - while president takes a vacation Watch

Image of The timing of Obama's swank vacation has even the president's supporters worried.

By Catholic Online (NEWS CONSORTIUM)

Lots of negative news to go around - Ebola seems to be spreading worldwide, Islamic State is increasing its stranglehold on Iraq, a much beloved comedian and screen actor is found dead at home, an apparent suicide - U.S. President Barack Obama is in Martha's ... continue reading


Religious orders NEED to understand economics Watch

Image of A letter from two high-ranking Catholic officials requests that religious orders gain a better understanding of finance and economics.

By Catholic Online (NEWS CONSORTIUM)

In a letter addressed to members of religious communities, Vatican officials requested that these groups should not be ignorant of economic realities connected to community life and a mission of serving the world in the name of the Church. LOS ANGELES, CA ... continue reading


All Business & Economics News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Daily Readings

Reading 1, First Corinthians 15:12-20
12 Now if Christ is proclaimed as raised from the ... Read More

Psalm, Psalms 17:1, 6-7, 8, 15
1 [Prayer Of David] Listen, Yahweh, to an upright ... Read More

Gospel, Luke 8:1-3
1 Now it happened that after this he made his way ... Read More

Saint of the Day

Saint of the Day for September 19th, 2014 Image

St. Januarius
September 19: St. Januarius was born in Italy and was bishop of Benevento ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter