David Cameron about to outline vision of “moral capitalism”

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January 19, 2012 by galudwig

In about half an hour, Cameron will make a speech in which he will outline his ideas on what he calls “moral capitalism”. It is expected he will “urge greater transparency” in pay and bonuses, specifically for corporations which received bailout funds, as some of these bonuses have made people’s “blood boil”. I look forward to this baboon attack the stupid decisions these banks have been making, while sidestepping the much more important issue of the legitimacy of the bailouts themselves.

He is also expected to suggest new ways of making it easier for companies to become cooperatives, as he’s previously expressed a desire to form a “John Lewis” economy (John Lewis is a high profile department store chain organized as an employee-owned cooperative).

And this bozo is supposed to be the free market guy in the UK? Labour’s Milliband is understandably jealous of Cameron attempting to steal his thunder as the great and shining knight of class-warfare and has “accused the coalition of following his lead on responsible capitalism”. In other words: how dare this dude who is supposed to be on the other side of the spectrum come out with the exact same vacuous propaganda we are spouting out!

Sigh, I’ll be watching the speech, if something interesting is mentioned, I’ll post my rants on it, but most likely it’s going to be more of the same old crap we’ve been hearing for decades.

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