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Monday, October 24, 2011

Moral Overdraft

Spending money is easy. So is making money, if you're prepared to burn through your moral overdraft and let someone else pay the interest.

Maybe you lock down your business model by convincing the government that copyright should be grounds to restrict the Internet access of consumers without a free trial.

Maybe you convince a court that a photoshopped image of a competitors product looks like your own.

Maybe you sell newspapers attacking people on benefits when you are a non-dom paying no tax?

Maybe you threaten to abandon your factory because the workers dare to talk about having a union?

Maybe you're a university who charges thousands in tuition fees and then puts all your staff on short term contracts so you don't have to pay them permanent benefits.

Maybe you sell mortgages to people who can't afford them so you can package them up and sell them on to investors who don't understand them.

Maybe you charge your highest prices and largest fees to those least able to afford them.

Maybe you get the taxpayer to insure you to sell arms to dictators.

Behind every great fortune is a great crime. Whose moral overdraft are you paying the interest on?

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