The Bank of England Governor, Mark Carney, has been spelling out the risk of Capitalism destroying itself unless bankers realise they have an obligation to create a fairer society and Capitalism is doomed if ethics vanish.
I do take umbrage at the insinuation that the banks and financial houses are not full of people who do their jobs ethically and want the best for everyone, we call them the cleaners.
Two of the biggest white elephants of our time are Capitalism and Democracy but for some reason they are held up as the high water mark of human achievement.
Adam Smith, the father of modern Capitalism, was wildly wrong when he assumed that mankind's 'principles' would stop what we see today with the overwhelming majority of people continually having to do with less and less whilst the 1% enrich themselves to the level of obscenity.
Without doubt Adam Smith got that wrong, greed is not good and only fills the bank accounts of the top end while it empties those at the bottom but while we are governed by the millionaires at the top end, nothing is going to change until a crunch comes.
The Occupy movement is a start and it will get its act together one day and things will change but until then it's austerity cuts for us and massive bonuses for the bankers. If Capitalism destroys itself through its own greed and lack of ethics then it shows what an awful and faulty system Adam Smith envisioned.
As for Democracy, placing a cross on a ballot paper every five years in order to hand over political control to a party is as much say as we have. Yes we can remove a Government but once in they are there for a long time and can cause untold lasting damage to every corner of our lives.
Short of a revolution as in Ukraine, we are stuck with them and it's 60 months until Democracy wheels its way back again.
Democracy is 1 day every 1826 days and no way to remove the party if its breaks its promises or make u-turnd on the manifesto it was elected upon.
It seems that the two things that we praise the highest and foist upon others, sometimes at the end of a gun, are really not that praiseworthy.