Morning Call: pick of the papers

The ten must-read pieces from this morning's newspapers.

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1. Cameron in Cannes: a chance to act (Guardian)

Jonathan Portes says that the G20 summit offers a lifeline to David Cameron, whose austerity policies have so hurt the UK economy.

2. Greece is on the road to being a failed state (Times) (£)

The debt is only a symptom. Jason Manolopoulos argues that endemic political corruption is the real cause of the Greek crisis.

3. Papandreou will fall but he is right to take this gamble (Financial Times)

Voting is the possible shock to resurrect Greece, says Stathis Kalyvas.

4. Capitalism does not have to be this greedy (Independent)

The two important control mechanisms are active shareholders and perceptive regulators, says Andreas Whittam Smith.

5. Those who profited on the road to financial crisis can compensate now. Get giving (Guardian)

Charity is no substitute for systemic reform, says Timothy Garton Ash, but it can help a lot in the meantime. And bankers have a moral debt to pay.

6. To Be Fair (Times) (£)

A Robin Hood tax is unworkable, says this leading article, but the government must show social justice and capitalism run best in tandem.

7. Israel's leaders adrift in a fast-changing world (Independent)

That an attack on Iran is once again in the air reflects the new sense of vulnerability, says this leading article.

8. Cameron turning into a ladies' man (Financial Times)

The prime minister is showing his female-friendly side, says Robert Shrimsley.

9. Julian Assange: from hero to zero (Guardian)

Karin Olsson reflects that a year ago, the Swedes hailed Assange as a James Bond of the net. Now he's seen as a pitiable, paranoid figure.

10. Cruelty has a human heart. Look in the mirror (Times) (£)

David Aaronovitch says that although we attack the tabloids and popular TV for their callous attitudes, we are merely shifting the blame from ourselves.