Tuesday, December 07, 2010

Unproductive finance costs

I had an email recently from someone called Chris Cook - I've just been re-reading it for its other content - but this line really stood out for me as an important challenge for the future:
[We need to] "apply the axe to 'unproductive' finance costs rather than to productive people in the public and private sectors: contrary to the neo-liberal rhetoric, public employees are generally productive....just not productive of 'shareholder value' profits...."

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