Include me in

28 May 2014 By Edward Hadas Follow @edwardhadas

A conference on “inclusive capitalism” brought out the rhetorical best from Christine Lagarde and Mark Carney. The IMF and Bank of England bosses flagged inequality as a problem, rather than side-stepping it. Their backing could make it easier for politicians to take action.

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Christine Lagarde, the managing director of the International Monetary Fund, and Mark Carney, the governor of the Bank of England, spoke on May 27 at a London conference organised by the Inclusive Capitalism Initiative, an offshoot of the Henry Jackson Society think tank.

The Initiative aims to address “the serious dislocations caused by developments in capitalism over the last 30 years: worldwide increases in income inequality, large-scale corporate and financial scandals and the fraying of public trust in business, historically high and persistent unemployment and short-term approaches to managing and owning companies.”

The event was called: “Conference on Inclusive Capitalism: Building Value, Renewing Trust.”

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