‘We need a new form of capitalism’ to ‘level the playing field’

The capitalist system is in the biggest need of reform in America, said Ford Foundation President Darren Walker.

A former banker, Walker said he is “a believer that there is no better mechanism to organize an economy than capitalism. But I also, as an advocate for capitalism, have to acknowledge its shortcomings— and the reality that in the United States, we have actually never given real capitalism a chance. What we need is a new form of stakeholder capitalism that recognizes the…


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