David Pitt-Watson will be speaking at Beyond Crisis, a TUC / Guardian one-day conference on progressive responses to the financial crisis on 16 Nov in Central London. Register for free tickets at www.tuc.org.uk/beyondcrisis
We are all understandably angry about banker’s bonuses and the seeming irresponsibility of the capital markets. They have cost us a fortune; in wealth, in jobs, in public spending. But railing against the capital markets won’t get us very far unless we have an alternative.
So here is the big question: “What should our capital markets look like? What functions should they carry out, and how would you judge if they are doing a good job?” Answer that, and we might get a better handle on how policy and action can create the world we want to see.
