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31/03/2009
'Everyday Values' Needed In Economy, Says PM
Free markets should share similar, 'cherished' values, rather than pure self interest, the Prime Minister will tell G20 leaders later this week.
Extracts of Gordon Brown's key economic speech have been leaked prior to Thursday's historic meeting, which will be attended by US President Barack Obama, French Head of State Nicholas Sarkozy and German Chancellor Angela Merkel, among others.
He will tell the global leaders that any new international economic order should be guided by everyday values.
Parts of a speech, to be given to faith leaders and charity organisations, reaffirms Mr Brown's commitment to the free market, while calling on policy makers to rethink rules that control the system.
"Our task today is to bring the imperatives served by our financial markets into proper alignment with the values held by families and business people across our country - hard work, taking responsibility, being honest, being fair," the Prime Minister will say, according to extracts of his speech.
"Most people want a system where the market is free. But it must never be values-free. It must be fair, but not laissez-faire. And so our task is to agree global economic rules that reflect the enduring values that we cherish elsewhere," Mr Brown will say.
Thursday's summit will see leaders of the top 20 most industrialized nations gather in London.
The powerful delegates will look in detail at recovering the global financial meltdown, which is believed to be the worst economic crisis to occur since the 1930s.
(PR/JM)
Extracts of Gordon Brown's key economic speech have been leaked prior to Thursday's historic meeting, which will be attended by US President Barack Obama, French Head of State Nicholas Sarkozy and German Chancellor Angela Merkel, among others.
He will tell the global leaders that any new international economic order should be guided by everyday values.
Parts of a speech, to be given to faith leaders and charity organisations, reaffirms Mr Brown's commitment to the free market, while calling on policy makers to rethink rules that control the system.
"Our task today is to bring the imperatives served by our financial markets into proper alignment with the values held by families and business people across our country - hard work, taking responsibility, being honest, being fair," the Prime Minister will say, according to extracts of his speech.
"Most people want a system where the market is free. But it must never be values-free. It must be fair, but not laissez-faire. And so our task is to agree global economic rules that reflect the enduring values that we cherish elsewhere," Mr Brown will say.
Thursday's summit will see leaders of the top 20 most industrialized nations gather in London.
The powerful delegates will look in detail at recovering the global financial meltdown, which is believed to be the worst economic crisis to occur since the 1930s.
(PR/JM)
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