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Flying cars, hyperloop trains and other venture capitalist fever dreams are not going to carry us out of our economic mess. (Illustration from iStock/Naeblys)
Politics & SocietyShort Take
Nathan Schneider
We can’t wait for the venture capitalists and their playthings to save us after the coronavirus, writes Nathan Schneider. It is time to turn to the innovation of cooperative economics.
Politics & SocietyNews
Mark Pattison - Catholic News Service
The coronavirus pandemic has greatly affected the nation's economic health, leading some to wonder how it can be dealt with.
Homeless outreach personnel assist passengers found sleeping on subway cars in New York City on April 30. New York has the highest income inequality among the 50 states, comparable to the inequality in the nation of Angola. (AP Photo/John Minchillo, File)
Politics & SocietyDispatches
Robert David Sullivan
Death rates from the coronavirus have been highest in low-income areas, writes Robert David Sullivan. And according to one measure of economic inequality, the U.S. more closely resembles Latin America and Africa than Europe.
Politics & SocietyVatican Dispatch
Gerard O’Connell
Pope Francis asked the group to ‘prepare the future’ not ‘prepare for the future.’
Politics & SocietyNews
Dennis Sadowski - Catholic News Service
More than 100 organizations--including Catholic religious congregations-- which advocate for debt relief have publicized a letter to the International Monetary Fund calling on international policymakers to cancel debt payments for poor and developing nations so that they use focus their resources on dealing with the pandemic.
Jesuit Father Juan Antonio Guerrero, prefect of the Vatican Secretariat for the Economy, is pictured in an undated photo. (CNS photo/courtesy Society of Jesus)
FaithVatican Dispatch
Gerard O’Connell
The Holy See, the central government of the Catholic Church, is in crisis mode as it struggles to find ways to balance its budget in these turbulent times.