South East Euro MP Sharon Bowles joins capitalism project taskforce

Sharon Bowles MEP, who represents South East England in the European Parliament, has been invited by the Henry Jackson Society to sit on the taskforce of a new project which will analyse the future direction of capitalism.

Other taskforce members include former US Treasury Secretary, Larry Summers, former Trade and Industry Secretary, Lord Young, and Lady de Rothschild.

The goal of the taskforce is to formulate up to 20 proposals aimed at business and government of how to facilitate a new global financial environment.

Sharon, who also chairs the European Parliament's Economic and Monetary Affairs Committee, said:

"With the financial, economic and sovereign crisis in Europe still ongoing, my committee and I continue to look for new ways forward.

"While we are busy shaping necessary reforms and regulations, it is important that politicians do not lose sight of the bigger picture, namely the future direction of capitalism in Europe and the rest of the world. This is of particular relevance now when, in large swathes, crony capitalism has undermined market capitalism so that it no longer serves society.

"I am pleased to be a part of this project and look forward to sharing some of my thinking with other taskforce members."

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