At Davos, a reckoning for capitalism as practiced

DAVOS, Switzerland —If a single theme ran through this week, it was acceptance that the capitalist system, of which the attending elites are the masters, is broken. And if they don’t take charge, changes may come that they won’t like.

What brought them to this point is a growing threat of trust-busting, regulation and public opprobrium in both the U.S. and Europe, on top of the residual shock of Brexit and the election of President Trump.

In interviews and speeches, many of them described what is fueling the push for dramatic action:

View the post by Steve LeVine on the Axios website here.