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January 25, 2012

Occupy Davos? Leaders greeted by doubts about capitalism

Occupy Davos? Leaders greeted by doubts about capitalism - Politics - CBC News:

'via Blog this'

The deep snow in Davos this year is no surprise — but the deep doubts about capitalism certainly are. What is Stephen Harper getting himself into?

For decades, this ritzy Swiss resort has hosted an annual celebration of capitalism where luxurious Audis ferry potentates and presidents between lavish hotels so they can bemoan the perils of socialism, high taxes and debt. And yet, this year, the veteran founder and Chairman of the Davos World Economic Forum, Professor Klaus Schwab, declares that "Capitalism, in its current form, no longer fits the world around us."

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