The London Summit does not mark the end of the world financial crisis or the recession that has resulted. But history may record that it marks the beginning of the end.
"It sends an important message about what kind of capitalism G20 leaders like. Get rich quick capitalism based on financial engineering and evading moral responsibilities – the type celebrated by the prime minister as chancellor in so many speeches lauding City of London innovation and genius – is now out. What is in is business building capitalism that creates wealth, jobs and pays its taxes. Amen to that."