Capitalism needs to be saved…according to a doyenne of the investment industry.
Lynn Forester de Rothschild, chief executive of family-owned investment holding company E.L. Rothschild, told CNBC that she was on a mission to tackle inequality.
"Too much of the capital is going to the people who own capital, but how can we rebalance that so we can keep capitalism, rather than destroy it? I say let's invest in companies that pay their workers well, that take care of their supply chain and those that create more balance," she told CNBC Europe's "Squawk Box" Friday.
She note that if capitalism was working properly, talk of the "One Percent" – the so-called wealthiest 1 percent of people in the world – would become a rarity.
"Nothing is wrong with capitalism (but) it is meant to be a process that creates broadly-shared prosperity. So if capitalism was really working, then the term, the 'One Percent,' would not have gained the traction that it has, so how do we make it work for more people?"
Rothschild's own company, which she owns with husband Evelyn Robert de Rothschild of the well-known banking dynasty, has various business interests in media (including The Economist magazine), wealth management, real estate, agriculture and consumer goods.
The company's website says that, aside from those interests, it is "dedicated to the effort to make capitalism an engine for broad-based prosperity through its founding and ongoing work with the Coalition for Inclusive Capitalism."