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Christine Lagarde invokes Marx at 'inclusive capitalism' conference

INTERNATIONAL Monetary Fund boss Christine Lagarde raised the ghost of Karl Marx yesterday at a London conference of the super-rich on “inclusive capitalism.”

The managing director cited the founder of scientific socialism’s insight that capitalism “carried the seeds of its own destruction” while addressing an audience of corporate tycoons at the Mansion House and Guildhall.

Business bigwigs who jointly manage £17.8 trillion were invited by the City of London and financiers EL Rothschild to discuss how repeated crises, mass unemployment and spiralling inequality were undermining confidence in the capitalist order.

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