The Forum > General Discussion > The New Age of Moral Capitalism
The New Age of Moral Capitalism
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Cameron said “more people should have a stake in capitalism. I want these difficult economic times to achieve more than just paying down the deficit and encouraging growth. I want them to lead to a socially responsible and genuinely popular capitalism. One in which the power of the market and the obligations of responsibility come together. One in which we improve the market by making it fair as well as free, and in which many more people get a stake in the economy and share in the rewards of success."
The Labour Party leader Ed Millband said “There are companies that are too powerful and can take advantage… And government hasn't done enough to blunt their power, to say 'Enough is enough'.
As the conservatives rely the failures of unfettered capitalism they rush forward with calls of forgive us for our excesses and greed which has led to the economic suffering of innocent people. Behold, we have a new miracle cure for the ills that beset us, we call it “moral capitalism”. It’s the same old capitalist rubbished dressed up to fool the people once more. The cynic in me says the capitalists are trying to wriggle out of their obligations for the economic mess that they have created, while shifting the reasonability for the clean up onto the ordinary people in society.
Will Tony Abbott be able to bring Australia the benefits of this wonderful new moral capitalism when he wins the next election or will he preach the same old corporate line of the “ economic rationalist” he is. Will Julia Gillard hitch Labors buggy to the back of the capitalist wagon as labor loves to do.