Former Archbishop of Canterbury, Rowan Williams, will be delivering an address titled ‘Can Capitalism be Ethical?’ as part of an ongoing lecture series, sponsored by Murray Edwards College of the University of Cambridge exploring the future of capitalism called ‘Capitalism on the Edge.’
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The striking thing about the archbishop’s tone is that it avoids several extremes. In contrast with some religious discourse, he does not see the financial sector as self-evidently or incorrigibly nefarious. He does not view the efficient allocation of capital, and the broking of deals between risk-takers and risk-avoiders, as an immoral business.