Spengler is always interesting, especially in this case where he highlights Ratzinger's "prophetic" words about a market economy that lacks (religious) ethics and the consequent danger of self-destruction. The other thing I found interesting is when Ratzinger said that "A morality that believes itself able to dispense with the technical knowledge of economic laws is not morality but moralizing."
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Spengler is always interesting, especially in this case where he highlights Ratzinger's "prophetic" words about a market economy that lacks (religious) ethics and the consequent danger of self-destruction. The other thing I found interesting is when Ratzinger said that "A morality that believes itself able to dispense with the technical knowledge of economic laws is not morality but moralizing."
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