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"Two of the world’s biggest fund management bosses have called for a rethink of capitalism and its obsession with constant economic growth, in a plaintive appeal for business and governments to deal more decisively with the challenges of climate change.
Anne Richards, chief executive of Fidelity International, said the world must end 'our obsession with ever-increasing GDP' and the 'primacy of shareholders' to foster the kind of long-term thinking that would help protect the environment.
Source: ft.com
growth gdp capitalism obsession rethink fund environment world