Forging a New Capitalism

The President of France writes in the New York Times that "The world expects that we build, together, a new form of capitalism, better regulated, with a greater sense of morality and solidarity." At the same time, he says that "This crisis is not the crisis of capitalism. On the contrary, it is the crisis of a system which has drifted away from the most fundamental values of capitalism." And then he adds "We decided that in future not one financial player, not one institution, not one product would be beyond the control of a regulatory authority."