'If you have no capital, why be a capitalist?': The global elite at Milken can't stop talking about populism

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'If you have no capital, why be a capitalist?': The global elite at Milken can't stop talking about populism
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From Alexandria Ocasio-Cortez to Trump to the Gilets Jaunes, populism was on people's minds at the Milken Institute Global Conference in Beverly Hills.

"It's not a bad thing," said Lara Warner, group chief risk officer at Credit Suisse, on the wave of populism.Populism was a hot topic of conversation at the Milken Institute Global Conference, where billionaire investors, Wall Street titans, and government officials gathered Monday to discuss how to increase global prosperity.nationalist politics

From Brexit and the Gilets Jaunes in Europe, to the Democratic socialist politics of Congresswoman Alexandria Ocasio-Cortez and thearound President Donald Trump in the US, many speakers said investors and corporations had to pay attention to what's happening politically around the world. "In a way, I actually think the theme of populism is at the end of the day not a bad thing," Warner said, adding that Europe"to the degree that they have become majority populist"may be the first region to implement policies"that we can all get behind."

Hintze, a major donor to the UK's Conservative Party, attributes the movement to the"view that the liberal elite has let the world down," and suggested that populist politics could impact which countries countries come out on top.

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