Bank of England governor: capitalism doomed if ethics vanish
THE GUARDIAN
Isn't it too late? investment in social capital: Mark Carney issues strong critique of City behaviour and warns of growing sense that basic social contract is breaking down
Speaking at a City conference, the Bank's governor warned that there was a growing sense that the basic social contract at the heart of capitalism was breaking down amid rising inequality. "We simply cannot take the capitalist system, which produces such plenty and so many solutions, for granted. Prosperity requires not just investment in economic capital, but investment in social capital."
THE GUARDIAN
THE GUARDIAN