Yesterday's Conference on Inclusive Capitalism ... brought together the people who control a third of the world's liquid assets - the most powerful financial and business elites - to discuss the need for a more socially responsible form of capitalism that benefits everyone, not just a wealthy minority. Leading financiers referred to statistics on rising global inequalities and the role of banks and corporations in marginalising the majority while accelerating systemic financial risk - vindicating the need for change. While the self-reflective recognition by global capitalism's leaders that business-as-usual cannot continue is welcome, sadly the event represented less a meaningful shift of direction than a ... transparent effort to rehabilitate a parasitical economic system on the brink of facing a global uprising. Central to the proceedings was an undercurrent of elite fear that the increasing disenfranchisement of the vast majority of the planetary population under decades of capitalist business-as-usual could well be its own undoing. The Conference on Inclusive Capitalism is the brainchild of the Henry Jackson Society (HJS), a little-known but influential British think tank with distinctly neoconservative and xenophobic leanings.
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