BizBeat Ep. 25: Why did French President Emmanuel Macron say modern capitalism can no longer work?

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CGTN published this video item, entitled “BizBeat Ep. 25: Why did French President Emmanuel Macron say modern capitalism can no longer work?” – below is their description.

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https://news.cgtn.com/news/2021-01-29/Why-did-Emmanuel-Macron-say-modern-capitalism-can-no-longer-work–XsbYHOvXnW/index.html

At the 2021 virtual Davos Q&A session, French President Emmanuel Macron warned modern capitalism “can no longer work.” This is likely the first time a pro-business liberal state leader openly said the current market situation is flawed. Kate Kui takes a look at his remarks.

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About This Source - CGTN

This story is an English language news item from CGTN. CGTN is a Chinese state-funded broadcaster.

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In This Story: Emmanuel Macron

Emmanuel Jean-Michel Frédéric Macron is a French politician who has been President of France and ex officio Co-Prince of Andorra since 14 May 2017. In the legislative elections a month later, Macron’s party, renamed “La République En Marche!” (LREM), secured a majority in the National Assembly. At the age of 39, Macron became the youngest president in French history.

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