Governor of the Bank of England warns about the social contract

This pretty much chimes with what I have been thinking for some time, if the current framework continues it is only a matter of when there is not enough money left for the majority to sustain the market and consumer based societies without some regulation ensuring that blood tooth and claw capitalism does not destroy the very economy and societies it is dependent on.



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Quote:

Bank of England governor: capitalism doomed if ethics vanish Mark Carney issues strong critique of City behaviour and warns of growing sense that basic social contract is breaking down

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