Skip to content
Saturday 12 September 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,650.44
+0.39%
DAX
25,568.56
+0.82%
CAC 40
8,179.77
+0.78%
STOXX 50
6,325.13
+0.90%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Monday 25 January 2016 6:03 am

Ignore celebrities who moan about corporations

By: Caitlin Morrison

Add as a preferred source on Google

The American writer Paul Theroux once observed that “there are probably more annoying things than being hectored about African development by a wealthy Irish rock star in an American cowboy hat, but I can’t think of one at the moment".

It was 2005, and he was expressing a no-doubt commonly held frustration with Bono’s incessant posturing. Fast-forward a decade and we’re still having to endure vacuous speeches from the rich and famous. It seems that actors are particularly keen to show that they have their own views.

Emma Thompson likes to march with climate-change protesters, reading out poems about evil corporations and orphaned polar bears. At least she’s limited to a soapbox. Others have gone decidedly more mainstream.

The World Economic Forum in Davos played host to some serious Hollywood muscle last week, as Oscar-tipped actor Leonardo DiCaprio took to the stage. Did he marvel at the rate at which global capitalism has lowered the cost of goods, increased standards of living and added to the sum of human happiness? Of course not. He instead railed against “corporate greed".

Some in the audience may have thought this was a bit much coming from a man who demanded $25m for a single movie, but the actor didn’t expand on why his own kind of greed was OK.

Instead he preached that “we simply cannot afford to allow the corporate greed of the coal, oil and gas industries to determine the future of humanity.” Presumably he thinks that celebs would make a better fist of it.

Incidentally, for a highly acclaimed actor he read out his speech with all the enthusiasm and awareness of a guy with a hangover reading the back of a Wetherspoon’s pub menu – which added to the sense that his appearance was part of a veneer applied to the conference in a bid to make it more relevant and acceptable.

Why does the WEF feel the need to pander in this way? We can at least take comfort from the fact that as the luvvies lectured and postured, actual innovators, wealth creators, industrialists and entrepreneurs were using the summit to better understand and advance global economic conditions. They may not have made the headlines, but they will make the future.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Opinion

Categories

  • Opinion

Trending Articles

  • Serie A won’t catch the Premier League by selling its rights better

  • Last Night, a Star-studded Evening Celebrating Moncler’s Fifth Avenue Flagship Ushered in a New Chapter in the Brand’s Enduring Love Story With New York

  • Crystal Palace agree deal with HSBC that paves way for new training ground

  • Lotus, Porsche and Corvette: the best sports cars to buy in 2026

  • Claridge’s swings to £10m loss as luxury hotel warns on ‘adverse impact’ of tax hikes

More from Morning Wire

  • Citi Appointed as Depositary Bank for Agilyx ASA’s ADR Program

    Business Wire
  • London Sports Festival moves from 3×3 basketball success to pickleball at Canada Corporation’s Guildhall Yard

    Sponsored
    London Sports Festival at Guildhall Yard with temporary blue tennis courts and city skyline
  • Xapien Secures $56 Million to Scale Dynamic Due Diligence Globally

    Business Wire
  • Zack Polanski to stand in by-election for Keir Starmer’s seat

    Politics
    Zack Polanski speaking at a conference podium, addressing a crowd with a focused expression, wearing a formal suit.
  • Zanders Expands DACH Region with New Office in Vienna, Austria

    Business Wire
  • CoreTrust Expands International Presence, Extends Global Procurement Platform Across Europe

    Business Wire
  • Vodafone and Deliveroo look to patch up Reform ties after Yusuf prison threats

    Politics
    Zia Yusuf speaking at a Reform UK press conference, with a Union Jack flag and Britain Needs Reform sign.
  • I drove 3,000 miles and saw the America AI is leaving behind

    Opinion
    Rusty MOTEL sign, classic cars, and Route 66 Kix on 66 sign in Tucumcari, NM for a US road trip
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook