The global market economy has largely failed working people, Sen. Bernie Sanders told an economic conference at the Vatican today (April 15, 2016), as the Democratic candidate for president broke from the U.S. campaign trail to deliver a speech on his signature issue of income inequality, according to the Washington Post website.
"At a time when so few have so much, and so many have so little, we must reject the foundation of this contemporary economy as immoral and unsustainable," Sanders said.
In his speech, Sanders repeatedly referred to Pope Francis as an inspiration to seek a moral economic foundation. He said, "As Pope Francis has stated: 'Man is not in charge today; money is in charge, money rules.'" (Pope Francis apologized for not being able to attend the economic conference, since he had to prepare for a trip to Greece tomorrow, in an effort to alleviate Europe's migrant crisis.)
"The top one percent of people on this planet now own more wealth than the bottom 99 percent," Sanders said. "That, to me, is unacceptable, it is unsustainable, it is immoral, and together we have got to change that."