7 years ago
2
Britain's top business leaders just warned the promise of capitalism is 'broken'
The state of capitalism is in desperate need of reform and modernisation, according to some of the UK’s top business leaders, who claim that the system has been hurt by management greed, corporate tax dodging and investor short-termism. Speaking on a panel for the Financial Times, former minister Baroness Shriti Vadera, who is now chairwoman of Santander UK, said that “the underlying promise of western capitalist economies — that a rising tide lifts all boats — has been broken”. She said that a “better model” is needed.
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http://www.independent.co.uk
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"Wow we have a big problem, society is falling apart while we're getting filthy rich!"
Sounds like the kind of "problem" they have been dreaming of.