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Re-inventing Financial Services through Compassionate Capitalism

About the work

As a young boy growing up in the sub-continent I saw the sharp paradox of ridiculous wealth juxtaposed against unimaginable poverty. I realised then that at least part of the answer lies in the ideal that “those who have, have a responsibility to help those who haven’t”. (The word “have”, of course, refers to more than just money). And doing so would strengthen an entire society.

Later in life, as a young adolescent I saw this as the clear challenge of modern capitalism – to evolve in such a way so as to solve one of its fundamental problems – a more equal and sustainable distribution of wealth.

In recent years, I have come to realise that a path to an evolved form of capitalism lies in some part to the transformation of one of its central sub-systems – the financial system (my focus here being the banking system and financial services more broadly).

This strategy sits at the convergence of the need for “a more evolved form of capitalism” (see side bar - Aligned Research) and the need for a sustainable response to the “current disruption occurring in financial services”.

It emanates from my broader thinking over the last several years and early work in recent times on “re-inventing financial services through compassionate capitalism”

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About the Author

Suren Jayatilleke

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Aligned Research

Click here to view a series of aligned and inspiring points of view on the urgent need for a more evolved form of capitalism

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