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London hosts world elite in debate on ‘fairer’ capitalism

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Andrew Cave
London Telegraph
May 27, 2014

Prince Charles, former US president Bill Clinton, the Bank of England governor Mark Carney and fund managers representing one third of the world’s investable income will descend on London on Tuesday on a mission to try to solve capitalism’s current problems.

They will join 250 delegates from 37 countries and 35 business sectors representing assets under management of about $30 trillion (£18 trillion) at the Conference on Inclusive Capitalism, at the Mansion House and Guildhall.

The event has been convened under the banner: “The Will To Make Capitalism Fairer; The Means To Do It.” It claims to be an “unprecedented” conference with one purpose: to “find practical ways to renew the capitalist system, making it an inclusive engine of economic opportunity and shared prosperity”.

Prince Charles, Mr Clinton and Mr Carney will make speeches, along with the managing director of the International Monetary Fund, Christine Lagarde, and Larry Summers, the former US Treasury secretary, who is now a Harvard professor.

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This article was posted: Tuesday, May 27, 2014 at 10:17 am

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