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We are just beginning to feel the reality of living in a new economic order, a global borderless “one-world,” where there is a radical shift of power from the nation state to economic interests, particularly those of the large corporation. It is in such a world that the Vatican feels the need to issue an encyclical called the Centesimus Annus, urging companies to have a soul. The irony is that where religious, social and political institutions have failed in their quest for a united world, corporations are succeeding - although at a cost and in their terms.
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