When Will It End?
In a plenary session titled “The Values Behind Market Capitalism” last week at the World Economic Forum in Davos, Switzerland, I started with this observation:
Every morning when I wake up in Davos, I turn on my television to CNN in my hotel room. And every morning, there is the same reporter interviewing a bundled-up CEO with the snowy “magic mountain” of Davos in the background. The question is always the same: “When will this crisis be over?” They actually have a “white board” where they make the CEO mark his answer: 2009 … 2010 … 2011 … later. But they’re asking the wrong question.