A vehicle for equality
http://www.guardian.co.uk/comment/story/0,3604,1457437,00.html
Modern capitalists understand the ideas of the co-op but, as at Rover,
they only apply them for profit
George Monbiot
Tuesday April 12, 2005
The Guardian
'Company directors who take big risks and achieve big success deserve
big rewards." That's what Patricia Hewitt, the trade and industry
secretary, said at the British Motor Show last year, and I think you
can guess who she was talking about. The directors of Rover certainly
got their big rewards. We all now know about their big success. But big
risks? It was as obvious then as it is today that the only people in
the business who were subject to no risk at all were the ones being
rewarded for risk-taking. They would walk off with millions, whatever
happened to the company. An inability to distinguish between the risks
to which people expose themselves and the risks to which they expose
others appears to be the defining disease of modern capitalism.
George Monbiot
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