It’s business as usual at the Bankers’ annual party

Check out this wonderful piece of research – I guess it’s overt non-participant observation and semi-structured interviews – where members of the Robin-Hood Tax crew sneak into a city-bankers’ party to see what’s going on –

 

Apparantly the mood is somewhat more subdued than in previous years but the filmakers still conclude that despite the fact that bankers have received billions of tax payers money the following is still the case –

1. Bankers are still making a lot of money

2. The same people as caused the last financial crisis are still at the helm of the banking industry – and it’s business as usual

3. The government apparantly has no power to control the financial sector whatsoever!

 

The Robin Hood Tax is a proposed 0.05 tax on all financial transactions – that would reportedly raise over £100 billion a year to help pay for – well – whatever Nation States wanted – education, povery relief, combatting climate change…. It’s explained in the video below

 

I mean it’s hardly smashing Capitalism – but it is something you can support if you want to make the world ever so slightly less unequal!

Print Friendly, PDF & Email

Leave a Reply

Your email address will not be published. Required fields are marked *