The Privileged Elite

[paulbefc]

A peculiar interpretation if I may say so of my words, but I get the gist of the firection you're going.

As an analogy, consider these hot shot bankers with premiership footballers, same approach. Because dividends need paying and bonuses need paying the pinch is made on customers/clients somewhere along the line, this directly concentrates money into a minority.
The competitive nature of capitalism pushed directly on performance and so things 'like' insider dealing take place, anything that gives the upper hand or 'competitive edge' in corporate speak.

The bonus system once the individual is taken out, serves what purpose exactly?

No I agree, the bonus system, as part of a competitive capitalist system, sees large amounts of wealth concentrated with a small few, sure.

The main thing I was curious about is the link between the "polish" mentioned in the article and the acquiescence, turning a blind eye to immoral/illegal practices etc etc

 

[Woolly Blue]

Bang him out Wolo

Mate, my only reason for posting in here about a wallet was to take this worthy but rather dull political type thread off-topic.
I knew he wouldn't be able to resist the bait, and here we are, chatting complete bollocks in the Ale House.

Job done ...

Wolo 1 Esky Baby 0

 

[Woolly Blue]

No I agree, the bonus system, as part of a competitive capitalist system, sees large amounts of wealth concentrated with a small few, sure.

The main thing I was curious about is the link between the "polish" mentioned in the article and the acquiescence, turning a blind eye to immoral/illegal practices etc etc

You're a Gwladys St STH aren't you mate ?

 

[Goat]

Mate, my only reason for posting in here about a wallet was to take this worthy but rather dull political type thread off-topic.
I knew he wouldn't be able to resist the bait, and here we are, are chatting complete bollocks in the Ale House.

Job done ...

Wolo 1 Esky Baby 0

Unsavoury Wolo.

 

[Goat]

You're a Gwladys St STH aren't you mate ?

Cease this madness.

 

[Woolly Blue]

Cease this madness.

You're not a mod, I can put you back on ignore.

 

[Goat]

You're not a mod, I can put you back on ignore.

@micknick, deal with this.

 

[Seanjd]

Whoa lads, we were talking full on privileged v poor. How has this been hijacked so efficiently?

 

[Goat]

Whoa lads, we were talking full on privileged v poor. How has this been hijacked so efficiently?

 

[Seanjd]

And back on track.

 

[Woolly Blue]

Whoa lads, we were talking full on privileged v poor. How has this been hijacked so efficiently?

Dunno mate.
Anyway, to get back on-topic, is it just me that thinks privileged looks wrong when it's spelt correctly.
Surely it should have a d in it somewhere ?

 

[Goat]

Dunno mate.
Anyway, to get back on-topic, is it just me that thinks privileged looks wrong when it's spelt correctly.
Surely it should have a d in it somewhere ?

Wolo wants the D

 

[silent bob]

is it just me that thinks privileged looks wrong when it's spelt correctly

Yes.

 

[Seanjd]

Dunno mate.
Anyway, to get back on-topic, is it just me that thinks privileged looks wrong when it's spelt correctly.
Surely it should have a d in it somewhere ?

It's got one at the end hasn't it?

 

[The Cowboy]

How many of us could honestly say that we know for sure what it is that people in the finance industry have to do to get a bonus? I know I wouldn't have a clue, and I'd feel very uneasy about making judgements based upon flimsy caricatures in the press. I mean, how many of us would even know what a derivatives trader does, much less what they do to earn a bonus?

I know.