BlackRock chief Larry Fink warns Davos: Capitalism must evolve (Zachary Basu – Axios)

BlackRock CEO Larry Fink will open the World Economic Forum with a blunt acknowledgment that Davos — and the economic system it represents — is facing a crisis of legitimacy. Why it matters: As thousands of executives and global leaders descend on the Swiss Alps for a week of cocktails and canapés, WEF’s interim co-chair will warn that the prosperity they celebrate has left too many people behind.

Davos warning from BlackRock chief Larry Fink: Capitalism must evolve

Latest articles

Related articles