Bono says 'amoral' capitalism needs taming

The U2 frontman said "it is a wild beast and if not tamed it can chew up a lot of people on the way".

U2 frontman Bono, who has been a prominent campaigner on development issues for decades, has said capitalism is not immoral, "it's amoral".

Speaking at the World Economic Forum in Davos, Switzerland, Bono said capitalism has taken more people out of poverty than "any other ism" but that "it is a wild beast and if not tamed it can chew up a lot of people on the way".