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No 10 Adviser Attacks 'Socialist' Vince Cable
Comments
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Pandering to greed.And your problem with bigger profits is?
A business with employees is an organisation, and if you run any sort of organisation, you're involving yourself in other people's lives, to a greater or lesser extent. Quite a large extent, if you're employing them. You can't just not give a toss about what you do to them, just because making money for yourself is the only thing that matters to you. If that's your attitude, don't run an organisation. Just look after yourself and stay out of other people's lives."It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0 -
It's already been made. You say you didn't take part in the race to the bottom. Many don't. So what? Many others do. And many of those would like the bottom to be lower.
Their political lobbyists say that this would lead to the creation of more jobs. But it wouldn't really. It would just lead to bigger profits.
Are you basing that on anything substantial? I.e. have you ever setup a business & created jobs?
Actual question, I have no idea what you do.0 -
Pandering to greed.
A business with employees is an organisation, and if you run any sort of organisation, you're involving yourself in other people's lives, to a greater or lesser extent. Quite a large extent, if you're employing them. You can't just not give a toss about what you do to them, just because making money for yourself is the only thing that matters to you. If that's your attitude, don't run an organisation. Just look after yourself and stay out of other people's lives.
Not sure what planet you live on.
A businesses prime aim is to show a return for it's shareholders.
If the shareholders wish to treat it as some sort of social enterprise, that is up to them.
I would guess you come from some sort of public sector environment where you believe the world owes you a living and everyone that sets up a business and does well for themselves is some sort of evil character.0 -
Wouldn't last two minutes. I haven't got that dog-eats-dog instinct or the urge to exploit other people for my own benefit.Are you basing that on anything substantial? I.e. have you ever setup a business & created jobs?
Didn't even get a BTL because I didn't think I was mean enough to be a landlord and not end up out of pocket."It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0 -
Wouldn't last two minutes. I haven't got that dog-eats-dog instinct or the urge to exploit other people for my own benefit.
Didn't even get a BTL because I didn't think I was mean enough to be a landlord and not end up out of pocket.
Are you sure you are not already doing that?
Depends on where your income comes from.0 -
"It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0
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Doesn't override the more fundamental consideration. All those in a position to screw around with other people, whether in a business, an army, a church, a club, or just a neighbourhood, assume moral responsibilities.A businesses prime aim is to show a return for it's shareholders.
It's called the Golden Rule, and it's fundamental to all moral and ethical systems. Treat other people the way you'd like to be treated if the roles were reversed."It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0 -
Doesn't override the more fundamental consideration. All those in a position to screw around with other people, whether in a business, an army, a church, a club, or just a neighbourhood, assume moral responsibilities.
It's called the Golden Rule, and it's fundamental to all moral and ethical systems. Treat other people the way you'd like to be treated if the roles were reversed.
But, back in the real world..........0 -
Not sure what planet you live on.
A businesses prime aim is to show a return for it's shareholders.
And that aim is partly achieved by having motivated, healthy and productive employees.
The firm I work for (private sector) has a generous pension plan, excellent private medical cover, subsidised gym, etc...
With your logic they should scrap all of that because it would increase shareholder value for sure?0 -
Not sure what planet you live on.
A businesses prime aim is to show a return for it's shareholders.
If the shareholders wish to treat it as some sort of social enterprise, that is up to them.
This is exactly why red tape exists.
It is a duty of a company's directors to achieve the best possible return for their shareholders.
If they can do this by paying employees £1 per hour for an 80 hour week, allow no holidays (well go on then - maybe Christmas Day Mr Scrooge), no pension provision and ignoring their health and safety then, without that red tape, that is what they must do. Unfortunately that is a little Dickensian for most people's tastes.
The red tape ensures that business goals are tempered by an element of social responsibility, and that businesses in this country compete on a level playing field with each other."When the people fear the government there is tyranny, when the government fears the people there is liberty." - Thomas Jefferson0
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