Monday 14 December, 2009

Bankers and peasants

England’s finance minister threatens to tax rich bankers. They threaten to leave London, and ruin a substantial portion of the British economy. The media go on an overdrive to show how stupid the minister is and why bankers should never be taxed because they are doing the rest of us a gigantic favour by shouldering our risks.

Somewhere in India, farmers refuse to give up their source of livelihood and accept ‘generous’ alternatives, and the same media descends on them like vultures, calling them misguided fools.

It’s perfectly fine for rich people to look at their own interests; it’s totally stupid for poor people. I’m not saying that it’s ok to be selfish. But surely being rich doesn’t justify selfishness any more than being poor does. 

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