Boris Johnson launches the Legatum Institute's Vision of Capitalism series

"It is time to reclaim capitalism as a moral force", Boris Johnson, said as he launched Tim Montgomerie's Vision of Capitalism project, at the Legatum Institute.

The free market works, Johnson told an audience of politicians, policy-makers, and business people: it has increased income and raised life expectancy among the poorest. It has offered individuals the opportunity to fulfil themselves. He spoke of "the absolute primacy of wealth creation if we are going to deliver these objectives." Wealth creation, he said, "actually has a moral purpose."

Click here to read the full article or watch the recorded event.

You can also read coverage of the event in this article published in The Guardian.