HONG KONG — Of all the criticisms and critiques of the state of the world since the financial crisis that triggered global recession, the most devastating and yet the most profound and constructive came this month from such an unusual and unlikely source that many media ignored them. Yet the comments deserve a global audience.
The critique denounces the "grave deviations and failures" of capitalism and blames the mentality of making profits at all costs for the global meltdown. Here are some sample quotes:
• "Financiers must rediscover the genuinely ethical foundation of their activity, so as not to abuse the sophisticated instruments that can serve to betray the interests of savers."
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