The golden age for the rich should end
FT.com / Home UK / UK - This is the ‘1979 moment’ for casino capitalismThe golden age for the rich should end. Those who have led us into this mess must pay heavily towards the price of recovery. At the moment, to take one example, the bill for each UK taxpayer for bank rescues is around £5,500 and rising. The message to those taxpayers and those in other countries affected must be “never again”. Our system must be rebalanced towards financial institutions providing capital for productive investments in sustainable development and towards greater equality.
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