Time to crank up shift to a more responsible capitalism

AS WE look ahead to this week's debates and discussions at the World Economic Forum, it is clear that we need to take stock of what is becoming an increasingly divisive world.

We all have a not-to-be-missed opportunity to refresh and reinvigorate the mutual benefits between businesses, government and people that are central to a well-functioning capitalist economy. We have an opportunity to help rebuild trust and faith in capitalism - the economic mechanism that has delivered rising prosperity for most of the last 400 years.

However, the notion of financial return above all else has come into question, as has the belief in the trickle-down effect of tax cuts. Therefore, we need to accelerate the shift to a more responsible and inclusive capitalism where the benefits are clear to all - not just the few.