Inclusive Capitalism is a crock

Three years ago, the first conference on Inclusive Capitalism was held in London and City of London mayor Fiona Woolf wrote of the risk uf civil unrest.

In an open letter , I pointed out to her that these questions had already been raised, in our own work which is protected by copyright. Our founder had died in his efforts to remove vulnerable children from abuse.

One of the speakers, Bill Clinton had been introduced to this concept in 1996, with a position paper delivered to his re-election committee.

There’s nothing new about capitalism which brushes others aside to build one’s own brand.

It was a year earlier that I shared his story with the McKInsey Long Term Capitalism Challenge. My article , Re-imagining Capitalism — The New Bottom Line could well have been the unattributed source.

In his efforts to leverage support from USAID , founder Terry Hallman had described conditions in what are known as psychoneurological internats and how children are subjected to both physical and sexual abuse while profit is maximised by reducing care.

Later that same year, as Home Secretary, Theresa May was accussed of “appalling incompetence” for her choice of Fiona Woolf to lead the inquiry on historic child sex abuse.

In the 2013 article on Long Term Capitalism, I described and quoted from a ‘Marshall Plan’ for Ukraine (2007), which had described how capitalism could be applied to resolve a wide range of social problems.

Writing for Maidan in 2005, Terry Hallman had warned once again of the risk of violence uprising.

In 2014 at the Wold Economic Forum, Bill Gates, Tony Blair, Richard Branson and Muhammad Yunus sat on the philanthropic roundtable hosted by Viktor Pinchuk. It opened with the crisis in Ukraine , which by then had move from civil unrest to armed conflict, moving on to the question of whether capitalism could deliver both financial and social returns.

By then, it was far too late.