Re:The brazenness of the LIBOR scam
by TheOtherHobbes on Tuesday February 20, 2018 @09:43AM
(#16420620)
The results of nationalisation depend on the people running the nation.
If they have questionable ethics, so will the industries they run.
The real problem isn't banking, it's neoliberalism's sanctification of individualistic greed. When collective morality decides that almost any behaviour is acceptable as long as a few people make a big profit, the political and moral consequences are unlikely to be positive.
If they have questionable ethics, so will the industries they run.
The real problem isn't banking, it's neoliberalism's sanctification of individualistic greed. When collective morality decides that almost any behaviour is acceptable as long as a few people make a big profit, the political and moral consequences are unlikely to be positive.