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Axios
Axios

Davos warning from BlackRock's Fink: Capitalism must evolve

DAVOS, Switzerland — BlackRock CEO Larry Fink will open the World Economic Forum with a blunt acknowledgment that Davos — and the economic system it represents — is facing a crisis of legitimacy.

Why it matters: As thousands of executives and global leaders descend on the Swiss Alps for a week of cocktails and canapés, WEF's interim co-chair will warn that the prosperity they celebrate has left too many people behind.


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