In The Guardian Jill Treanor writes Barclays’ Bob Diamond defends bonuses – but then again he would in 2007 he aren’t a £20million bonus.
The Question is what did he do to earn £20 million? Risk any of his own money, put up his house as collateral – no just gamble with other peoples money and what ever happened he still earns a huge wage regardless of a bonus (although I guess for bankers £150,000 is but beer money) without your bonus – not that if you had would justify such an amount in my eyes. The trouble is capitalism has no morals – it would eat children if it was profitable – but in a way it does has infant mortality decreased not so you’d notice and there’s plenty of food to feed the world and don’t answer it’s not that simple – there’s one simple fact capitalism won’t answer such a problem because there’s no profit in it – now I’d have paid someone £20 million to solve world hunger.