Boris Johnson has just said that people should be out clapping for “our wealth creators, our capitalists, our financiers”. Stating that it is the bankers, the CEOs and people like the Conservative Party’s big money donors who are the most important people in the British economy’s recovery after the pandemic because they take ‘risks’.
It’s important to note who takes the actual risks in a capitalist economy. It’s regular working people who have to take all the risk just to survive. Regardless of how much ‘risk’ the CEO claims to take, it is always the employees who will be struggling for food if the business collapses, not the executives.
Continue reading “Clap for capitalists? They’re lucky we haven’t torn the banks down.”