Cadbury chief rejects ‘unbridled capitalism’

Posted by John King on September 24, 2009 under News | Be the First to Comment

“Painted with a broad brush, it [capitalism] is characterised as a one-way relationship in thrall to profit margins and shareholder returns. But I have always believed there is more than one type of capitalism. It is true that unbridled capitalism can be a destructive beast, not just to those it does business with but to the company itself. History shows that those who operate in this way inevitably come undone.”

Cadbury chief executive Todd Stitzer in a speech at a fair trade conference today. Stitzer is thought to be referring to Kraft’s current takeover bid, in this article in the Guardian. What are your views?