General Article Mind your own business

Topic Selected: Business
This article is 5 years old. Click here to view the latest articles for this topic.

By Patience Wheatcroft

Who will rescue capitalism? As the voices of its critics grow louder, those of us who would defend the moneymakers must not be cowed. But even the most ardent supporters of the profit motive would probably concede that capitalism has been veering in the wrong direction, providing sufficient ammunition for its detractors to raise doubts over the sustainability of the system itself. With public anger over bankers in particular, and ‘fat cats’ in general, politicians ?– of all parties ?– have seen an opportunity to empathise with demonstrators’ banners and the shrieking from the media.
Warm, even occasionally wise, words have flowed, defining how capitalism should be. David Cameron wants it to be ‘fair’; Ed Miliband wants it to be ‘responsible’; and Nick Clegg favours the John Lewis variety. All admirable sentiments, but just try legislating for such ideals ?– let alone polici

Would you like to see the rest of this article and all the other benefits that Issues Online can provide with?

Sign up now for an immediate no obligation FREE TRIAL and view the entire collection