"If you believe in capitalism you should believe that you get rewarded for success but also pay a price for failure, and I completely understand why people think in this fundamental respect that capitalism isn't working properly. Why don't they give it to charity? What the hell is that all about? What I don't understand is people who just accumulate fortunes they are never going to get through in their lifetimes. " - he grimaces as the gasman bangs a malfunctioning radiator - "or do something constructive with it. I can understand why people would want money to keep warm. I have a psychological problem with that. Later he adds: "I genuinely don't understand people who want more money than they can spend. But actually I find it extraordinary, given what's happened, that governments allow these rates of pay to be paid and that the businesses themselves don't act more honourably." If we devised a system where the banks could go bust, I wouldn't care how much bankers earn. So bankers are essentially public sector workers? They should be paid like teachers or doctors? He laughs. BRANDPOST | PAID CONTENT Why Anna Taylor is a rock star on the ascent.Train passengers could lose access to free wifi to cut costs.Female CEO to replace retiring Luke Ellis at helm of Man Group.I'm not just talking about RBS here, but all the big banks." Read More That means they are always to an extent supported by the government and subsidised by the state. We know that doesn't happen with banks because they are so central to the economy - they'll always be bailed out by the taxpayer. Proper businesses make profits in the good times but go bust in the bad times. "What we've learned since the crash of 2008 is that banks aren't proper businesses. New West End Company BRANDPOST | PAID CONTENT.
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