Social Responsibility Weighs Heavy on Economic Chieftains at Davos [dealbook.nytimes.com]

DAVOS, Switzerland — With all that vexing talk about inequality, do the world’s plutocrats need a cuddle?

At this year’s World Economic Forum, there have been numerous soul-searching sessions about how to achieve a worthy life and true happiness. There was a dinner dedicated to “mindfulness,” another to “the importance of being happy,” and a daily meditation run by a Buddhist monk.

[…]

“It used to be just bankers that were bashed,” the chief executive of a large European consumer goods company said with a sigh after coming out of his morning trance. He spoke on condition of anonymity, perhaps not wanting to seem as if he was complaining. “Now it’s all of us.”

From the start of this Alpine schmooze-fest, the assembled chieftains of industry have heard from economists, charities and even a messenger from Pope Francis about their responsibility to share their riches.

via Social Responsibility Weighs Heavy on Economic Chieftains at Davos – NYTimes.com.

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