Responsible Capitalism

I read with interest Chuka Umunna outlining The Labour Party view of capitalism in the 21st Century. Increased transparency on remuneration, obligations for  investors and pension funds to disclose how they vote on executive pay deals. It is good to see that The Labour Party recognise the massive disconnects that can be created when reward and remuneration is not linked to performance, or is linked to activities that directly impact the UK economy in a negative way. The new focus on a “responsible capitalism” reminds me of a speech given by Bill Gates in 2008 to the Davos Annual Meeting, outlining what he called … Continue reading Responsible Capitalism